222 W 6th St - Office/Residential FOR SALE


San Pedro, CA 90731- Central San Pedro
$39,800,000 USD
415-310-7331
222 W 6th St, San Pedro, CA for Sale
$39,800,000 USD
Office/Residential - FOR SALE
1/13
null | Request Cap Rate

222 W 6th St
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • Generational Owner/User Opportunity in a Landmark Coastal Tower
  • Institutional-Grade Asset with Complete User Control
  • Trophy-Quality High-Rise Entitled for 246 Market-Rate Units
  • Phased Development Strategy with Immediate Income Through Existing Retail Tenancy
  • Best-in-Class Physical Attributes for Adaptive Reuse & Situated Within a Designated Opportunity Zone
  • Unrivaled Proximity to $1 Billion West Harbor Redevelopment

OVERVIEW

PROPERTY WEBSITE: https://www.collierswesternregion.com/office/for-sale/topaz-tower-san-pedro-california/75399765/ Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in Topaz Tower, a landmark 12-story office asset with full occupancy potential in one of Southern California's most rapidly evolving coastal districts. Totaling 294,693 square feet, Topaz Tower is the premier office property in San Pedro, offering unmatched scale, design efficiency, and panoramic ocean views. Located in the heart of San Pedro's revitalized downtown and designated Little Italy district, the Property benefits from exceptional walkability to dining, entertainment, and open-air coastal attractions. Just blocks from the $1 billion West Harbor development, the Property sits within a highly accessible corridor with direct access to the 710, 110, and 405 freeways, as well as Metro's J Line. The Property is also surrounded by a diverse and resilient economic base, anchored by the Ports of Los Angeles and Long Beach, the South Bay aerospace corridor, Silicon Beach, and a growing cluster of healthcare and educational institutions. Ideally suited for an owner/user seeking a long-term headquarters location, Topaz Tower offers full building control with 25,000-square-foot floor plates, 13.5-foot ceiling heights, a center-core elevator bank, and panoramic views of the Pacific Ocean and Port of Los Angeles. In addition to immediate usability, the Property offers significant long-term flexibility, with full entitlements in place for a 246-unit residential mixed-use redevelopment that includes plans for a Class A apartment project featuring balconies in 50% of units, a rooftop amenity deck, and 772 parking stalls. With its strategic location, institutional scale, and built-in optionality, Topaz Tower presents a generational opportunity to establish a long-term presence in a revitalizing coastal district while preserving the flexibility to pursue future redevelopment in one of Southern California's most dynamic urban markets.

FOR SALE DETAILS

PRICE

$39,800,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Topaz Tower

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

12

BUILDING CLASS

A

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C2-2D-CPIO

APN/PARCEL ID

7455-020-043

ASK ABOUT THIS PROPERTY

Sean FulpColliersMore Info
415-310-7331

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

Sean FulpColliersMore Info
415-310-7331

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