601 W 6th ST Active

San Pedro,CA 90731

$ 1250000

- Bed

- Bath

5775 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,775 sqft

Price per Sqft $216

MLS Listing ID DW24143239

Year Built 1950

Annual Tax Amount $15,625

Lot Size 8,411 Sqft

Property Description

The subject property is a 5,775 sf retail building situated on a corner lot consisting of 8,408 sf of land. The building is comprised of SIX small retail units that are easily leased due the affordable rent that can be offered to prospective tenants. The glass store front system gives the property added curb appeal and lots of natural light. Each unit has its own HVAC system, is separately metered for utilities, and each has its own restroom. The property also has a parking lot with five parking stalls. By achieving a modest rental rate of $1.85 gross (~ $1.38 NNN), the property will be generating an annual cap rate of 7.72%.

Location

State CA

County Los Angeles

Area 193 - San Pedro - North

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Forced Air

Laundry None

Building

Lot Description Rectangular Lot

Story 1

Water Public

Others

Special Listing Condition Standard

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