$1,250,000
( $216.45Per Sq Foot )
$6,710 forsale estimated payment Sourced by Back At You601 W 6th Street , San Pedro, CA 90731
San Pedro, CA 90731
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%.
Details
| Mls | DW24143239 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Subtype | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 147 |
| Listing Provided By | Apex Properties 424-293-8085 | Christopher Comfort |
Features
| Sq Feet | 5,775 |
|---|---|
| Storys | 1 |
| Acreage | 0.19 |
Market Activity 90731
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Pedro |
| Zip Code | 90731 |
| Area | 193 San Pedro North |
| Listing VS Median (in 90731) | |
Price: $1,250,000 low | high Med: $825,000 SqFt: 5,775 low | high Med: 1,594 $ / SqFt: $216 low | high Med: $518 On Site: 147 low | high Med: 127.500000 | |
Listing Updated: December 5, 2024 at 6:21:18 AM PST