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Rare opportunity to acquire a freestanding commercial property with excellent visibility along one of San Pedro's primary commercial corridors. Positioned on highly traveled Gaffey Street and zoned LAC2, this versatile property offers immediate income, future flexibility, and long-term upside in the heart of a rapidly evolving market. Situated on a 5,000 square foot lot, the property features a 912 square foot commercial building, detached garage, on-site parking, alley access, and prominent street frontage with significant daily traffic exposure. The building is currently configured with a reception/lobby area, three private offices, conference room, storage room, kitchenette, bathroom, and private balcony, creating a functional layout suitable for a variety of business uses. The property is currently generating $1,785 per month in gross income. The flexible site layout and LAC2 zoning create opportunities for a wide range of potential uses including professional office, medical or wellness services, retail, creative office, nonprofit organizations, counseling services, educational uses, service-based businesses, food-related concepts, and other permitted commercial uses (buyer to verify). Unlike many commercial properties in the area, this offering combines current income with exceptional flexibility, making it attractive to investors, entrepreneurs, and owner-users alike. Conveniently located just minutes from Downtown San Pedro, the Port of Los Angeles, and the highly anticipated West Harbor waterfront development, the property is well positioned to benefit from the area's continued investment, revitalization, and growth. Buyer to independently verify zoning, square footage, income, tenancy arrangements, permitted uses, and all property information.
Listing agent: Jake Sullivan DRE #01970185 jakesullivanhomes@gmail.com, Listing office: Strand Hill Properties
MLS data updated 11/3/2026, 9:09:38 PM PT
Source: CRMLS, MLS #: PV26131686
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 7, 2026
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
$685,000Asking price recorded · Jul 7, 2026ZIP 90731 · Jul 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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.
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.