San Pedro, CA 90731,611 W 9th ST
San Pedro, CA 90731,611 W 9th ST
San Pedro, CA 90731,611 W 9th ST
San Pedro, CA 90731,611 W 9th ST
San Pedro, CA 90731,611 W 9th ST
San Pedro, CA 90731,611 W 9th ST
See all 17 photos

$1,400,000

$1,499,000

6.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7,047 SqFt


SOLD DATE : 12/09/2021

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Michael Harper • Keller Williams Palos Verdes
Bought with Harry Wang • Century 21 Union Realty

GET MORE INFORMATION

"REAL" Barkley-Romero

CEO | DRE# SA695240000 | DRE# 02100184

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.