1602 W 25th St - Bank FOR SALE


San Pedro, CA 90732- Coastal San Pedro
$4,650,000 USD
213-298-3593
1602 W 25th St, San Pedro, CA for Sale
$4,650,000 USD
Bank - FOR SALE
1/5
null | Request Cap Rate

1602 W 25th St
San Pedro, CA 90732
Coastal San Pedro


HIGHLIGHTS

  • Core, Coastal, Irreplaceable Location
  • Located at the base of Rancho Palos Verdes & San Pedro, two dynamic Los Angeles coastal communities with a diverse consumer base
  • High barriers to entry coastal market with no future competition
  • Positioned at the corner of Western Avenue and West 25th Street, the two primary arterials around the Palos Verdes Peninsula and San Pedro markets
  • Newly remodeled Smart & Final anchored shopping center
  • Prime owner-user opportunity- building features high ceilings, abundant natural light and ample parking

OVERVIEW

Newmark Capital Markets & WestPac Partners is pleased to present to qualified investors the rare opportunity to acquire a core, coastal commercial property positioned for a wide range of value-add or redevelopment possibilities. Located at the convergence of two dynamic coastal communities — Rancho Palos Verdes and San Pedro — the Property consists of 8,005 square feet of improvements situated on over 0.92 acres of land. Previously occupied by a long-standing financial institution, the building is now vacant, offering investors the unique ability to reposition the site. The oversized parcel and strong visibility make it an excellent site for multiple future uses. Given the scarcity of large coastal sites in this submarket, the Property represents a best-in-class redevelopment or re-tenanting opportunity.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$882 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

25,984 SF

ZONING

LAC2

APN/PARCEL ID

7562-017-017

ASK ABOUT THIS PROPERTY

William BaumanNewmarkMore Info
213-298-3593

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

William BaumanNewmarkMore Info
213-298-3593

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.