709 S Centre St - Storefront Retail/Residential FOR SALE


San Pedro, CA 90731- Central San Pedro
$1,890,000 USD
310-739-9743
709 S Centre St, San Pedro, CA for Sale
$1,890,000 USD
Storefront Retail/Residential - FOR SALE
1/28
null | 8% Cap Rate

709 S Centre St
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • Downtown San Pedro and just blocks from the West Harbor Development

OVERVIEW

A rare opportunity to step into San Pedro’s rich harbor heritage with this distinctive brick constructed mixed-use property, ideally positioned in the heart of the Downtown Business, Arts & Cultural District. Built in 1913, this property offers just over 7,800 sf of adaptable interior space and sits on an approx 4,800 sf corner lot. Located just blocks from the transformative West Harbor waterfront development, Cabrillo Marina, and the vibrant dining, retail, and gallery scene along 6th & 7th Street, this property offers a strategic location for investors, owner-users, and creative businesses seeking a presence in one of the South Bay’s most dynamic and promising coastal communities. Property highlights include two spacious street-level retail spaces strategically facing 7th St. The large, open basement area, which has a dedicated side entrance facing Centre St, creates an opportunity for additional income potential with some creativity. The upper level residential space features a total of 22 doors, including an on-site manager's suite with 2 beds, a full bath, and a kitchen. All other rooms include a sink with shared community kitchen, bath, and shower areas. This building is an efficiently run cash cow that includes a long-term cell tower lease with a carrier that currently pays over $2,000/mo in stable, hassle free income. With easy access to major freeways and the broader Los Angeles and South Bay markets, this unique opportunity provides an attractive platform for businesses, residents, and investors seeking proximity to the harbor and the region’s major employment and cultural centers.

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

LACM

APN/PARCEL ID

7455-011-011

ASK ABOUT THIS PROPERTY

Peter HazdovacHH Coastal Real EstateMore Info
310-739-9743

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Peter HazdovacHH Coastal Real EstateMore Info
310-739-9743

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