1100 S Pacific AVE, San Pedro, CA 90731

$1,500,000

Est. payment /mo

$1,565,000

4.2%
Est.Price: ?

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1100 S Pacific AVE San Pedro, CA 90731

0.34 Acres Lot

SOLD DATE : 05/27/2026

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB26037796

Sold Date 05/27/26

HOA Y/N No

Year Built 1923

Annual Tax Amount $19,985

Tax Year 2025

Lot Size 0.344 Acres

Lot Dimensions Assessor

Property Sub-Type Retail

Property Description

This seven-tenant strip center in San Pedro is a prime investment opportunity, offering a strong 7.00%+ CAP rate in the first year of ownership on current rents as of February 2026, after accounting for operating expenses including offsite management and a vacancy reserve of 4%. The actual CAP rate on current rents could higher than 7.00% for the first year. The majority of the tenants are long term tenants on short term Modified Gross leases of 5 years or less. The property provides flexibility for future development. Zoned C2 which allows R4 Zoning uses for potential multifamily or mixed-use projects (subject to CPIO limits). This investment offers long-term value beyond its current retail income. The property also features a spacious parking lot with 25 spaces (5:1 parking ratio), ensuring convenience for tenants and customers alike.

Location

State CA

County Los Angeles

Area 185 - Plaza

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 25

Building

Lot Description Corner Lot, Level

Story 1

Water Public

Others

Tax ID 7456007046

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to Loan

Special Listing Condition Standard

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Listed by Stephen Lampe Re/Max Commercial & Investment slampe@remaxcir.com, DRE #01164364
Bought with Stephen Lampe Re/Max Commercial & Investment
Realty World Inc.

Realty World Inc.

Realty World, Inc

+1(714) 436-9009

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