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Listed by Jake Sullivan • Strand Hill Properties
$700,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV-26131686
Year Built 1920
Property Sub-Type Business
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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 $3,285 per month in gross income from two month-to-month occupants. One tenant occupies the building while a separate food truck operator utilizes a portion of the property, providing immediate cash flow while preserving future flexibility for investors or owner-users. 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.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Heating Central
Laundry None
Building
Lot Description 0-1 Unit/Acre
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900