705 S Pacific, San Pedro, CA 90731
List Price: $1.27M
Listing Status: Active
0Days on Market: 70
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1927
Lot Size: 8,991 sq ft
MLS Number: SB26049598
About This Property
Back on the market - this is your chance. Property is currently a three-unit retail building with 90ft of frontage on the historic Pacific Ave in San Pedro. Located in the heart of the San Pedro Property Business Initiative District (PBID) - see addendum, this is an excellent investment opportunity to rehabilitate and take advantage of the growing revitalization of the 6th & 7th St downtown areas, the Warner Grand Theatre, the new West Harbor waterfront development and the multiple new high end apartment units. Huge upside in rents, once rehabbed. The current configuration of three units includes an approx. 1650 sq. ft. Barber Shop; approx. 2300 sq. ft. Pawn Shop an approx. 4550 sq. ft. Secondhand store with an arcade entrance that could be split into two separate units. All units are month to month NNN leases.
Listing provided by: Mitch Graves DRE #01260315 310-371-6330 mitch@mitchgraves.com, Century 21 Coastal Properties
Source: CRMLS, MLS #: SB26049598
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.