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611 W 9th ST San Pedro, CA 90731
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Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 7,047 sqft
Price per Sqft $198
MLS Listing ID PV21083429
Sold Date 12/09/21
HOA Y/N No
Year Built 1940
Lot Size 0.341 Acres
Acres 0.3412
Property Description
Located on a high visibility corner lot, this 9 unit commercial building offers a substantial investment opportunity. Zoned LAC2 with three separate buildings totaling over 7,000sf of storefront and office space. Longer-term tenants with ample parking (approx 9 spaces) in gated rear lot (just under 15,000sf) with accessibility from Grand Ave. Just below Gaffey, which is the main artery off the 110 fwy into San Pedro. Minutes from Historic Downtown San Pedro Business District and the Los Angeles Waterfront. Potential for rezoning and/or the continued development of current commercial uses. Current monthly income (2 vacancies) is $6,8000 with annual income of $81,600. Perfect for the owner-operator that would like to own with the benefit of ongoing rental income. APN includes the following addresses: 601-615 W 9th St. & 915-919 S Grand Ave.
Location
State CA
County Los Angeles
Area 185 - Plaza
Zoning LAC2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling CentralAir
Fireplace No
Laundry None
Exterior
Utilities Available ElectricityConnected, SewerConnected, WaterConnected
Total Parking Spaces 9
Building
Lot Description CornerLot
Water Public
Others
Tax ID 7454010028
Acceptable Financing Submit
Listing Terms Submit
Financing Contract
Special Listing Condition Trust
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Bought with Harry Wang • Century 21 Union Realty
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