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Closed
- Listed price
- $1,565,000
- Listed Feb 19, 2026
- Sold price
- $1,500,000
- Sold May 27, 2026
15,000 sqft lot|1923 Built|35 MLS days on market
1100 S Pacific Ave, San Pedro, CA 90731
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.
Listing agent: Stephen LampeDRE #01164364slampe@remaxcir.com, Listing office: Re/Max Commercial & Investment
MLS data updated 11/3/2026, 7:34:09 AM PT
Source: CRMLSMLS #: SB26037796
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,500,000
May 27, 2026
Available records22026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,500,000Closed sale · May 27, 2026ZIP 90731 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsFeb 19, 2026 – May 27, 2026
ZIP 90731 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.