San Pedro, CA 90731,1003 S Gaffey ST
San Pedro, CA 90731,1003 S Gaffey ST
San Pedro, CA 90731,1003 S Gaffey ST
10
$1,500,000
$1,875,000
20.0%
Est.Price: ?

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0.25 Acres Lot

1003 S Gaffey ST San Pedro, CA 90731

Est. payment /mo
SOLD DATE : 09/11/2024

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Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24095512

Sold Date 09/11/24

HOA Y/N No

Year Built 1985

Annual Tax Amount $19,203

Tax Year 2023

Lot Size 0.251 Acres

Lot Dimensions Assessor

Property Description

PRIME LOCATION RETAIL STRIP MALL in the heart of San Pedro and situated on one of the busiest corridors in San Pedro - Gaffey Street just 1 block south of 9th Street. This is a rare investment opportunity that only comes along once in a lifetime - jump on this offering now because you won't find anything like it in nearby coastal cities. This 10,923 sqft Corner Lot Shopping Center includes six fully leased retail spaces, anchored by a popular national brand ice cream retailer, 15 parking spaces and street access from both Gaffey St and 10th Street. The property was built in 1985 so it's relatively new for the area. The traffic count is exceptionally high due to Gaffey Street being the main thoroughfare in/out of town for the connection to the 110 Harbor Freeway. San Pedro is generating a lot of buzz lately with multiple multi family construction projects and the West Harbor development phasing in completion dates starting this summer through the end of 2025. This is the time to invest in the hidden gem of San Pedro. With the unparalleled visibility, convenience and upside income potential in one of Southern California's coastal communities, this income property is an extremely attractive opportunity for any investor looking to capitalize on or diversify their holdings.

Location

State CA

County Los Angeles

Area 183 - Vista Del Oro

Zoning LAC2

Interior

Fireplace No

Laundry None

Exterior

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

Present Use Commercial

Total Parking Spaces 15

Building

Lot Description 0-1 Unit/Acre, Flat

Story 1

Water Public

Others

Tax ID 7454014026

Acceptable Financing Cash to Existing Loan

Listing Terms Cash to Existing Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Paul Falkenstein • Henry Falkenstein & Assoc • 310-977-8403
Bought with Jim Malott • West Shores Realty, Inc.

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Leo Chen

Agent | License ID: 01958853

+1(949) 238-2346

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