601 W 6th Street, San Pedro, CA 90731

  • $1,250,000
  • $216
601 W 6th Street, San Pedro, CA 90731
  • Commercial Sale
  • Property Type
  • 1950
  • Year Built
For Sale
601 W 6th Street, San Pedro, CA 90731
  • $1,250,000
  • $216

Overview

Property ID: SGR-33623840
  • Commercial Sale
  • Property Type
  • 1950
  • Year Built

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%.

  • Address 601 W 6th Street
  • City San Pedro
  • State/county CA
  • Zip/Postal Code 90731
  • Area 193 - San Pedro - North
  • Country United States

Details

Updated on August 27, 2024 at 10:15 am
  • Property ID: SGR-33623840
  • Price: $1,250,000
  • Land Area: 8410.00 m²
  • Year Built: 1950
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 5775.00
  • MLS#: DW24143239
  • Office Name: APEX PROPERTIES
  • Agent Name: Christopher Comfort
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01407997
  • IDX Contact Info: 818-917-6558

Additional details

  • Heating: Forced Air
  • Tax Annual: 15625.00
  • County: Los Angeles
  • Property SubType: Retail
  • Water Source: Public

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