1003 S Gaffey Street San Pedro, CA $ 1,875,000
1003 S Gaffey Street
$ 1,875,000
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1003 S Gaffey Street

San Pedro, CA, 90731
$ 1,875,000
Baths0.0 Sq 5,535

Monthly Estimate*

$ 12,462

Listed by Henry Falkenstein & Assoc
1003 S Gaffey Street, San Pedro, CA 90731 - Image 1
1003 S Gaffey Street, San Pedro, CA 90731 - Image 2
1003 S Gaffey Street, San Pedro, CA 90731 - Image 3
1003 S Gaffey Street, San Pedro, CA 90731 - Image 4
1003 S Gaffey Street, San Pedro, CA 90731 - Image 5
1003 S Gaffey Street, San Pedro, CA 90731 - Image 6
1003 S Gaffey Street, San Pedro, CA 90731 - Image 7
1003 S Gaffey Street, San Pedro, CA 90731 - Image 8
1003 S Gaffey Street, San Pedro, CA 90731 - Image 9
1003 S Gaffey Street, San Pedro, CA 90731 - Image 10
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Studio

Commercial Property for sale in San Pedro, CA

for $1,875,000. This 5,535 square foot building was built in 1985 on a lot size of 0.2508.

PRIME LOCATION RETAIL STRIP MALL in the heart of San Pedro and situated on one of the busiest corridors in San Pedro - Gaffey Street just 1 block south of 9th Street. This is a rare investment opportunity that only comes along once in a lifetime - jump on this offering now because you won't find anything like it in nearby coastal cities. This 10,923 sqft Corner Lot Shopping Center includes six fully leased retail spaces, anchored by a popular national brand ice cream retailer, 15 parking spaces and street access from both Gaffey St and 10th Street. The property was built in 1985 so it's relatively new for the area. The traffic count is exceptionally high due to Gaffey Street being the main thoroughfare in/out of town for the connection to the 110 Harbor Freeway. San Pedro is generating a lot of buzz lately with multiple multi family construction projects and the West Harbor development phasing in completion dates starting this summer through the end of 2025. This is the time to invest in the hidden gem of San Pedro. With the unparalleled visibility, convenience and upside income potential in one of Southern California's coastal communities, this income property is an extremely attractive opportunity for any investor looking to capitalize on or diversify their holdings.

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Commercial Active

Price

$ 1,875,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,203

Style

Retail

Lot Size

0.2508

Year Built

1985

Town/City

San Pedro

County/Region

Los Angeles

MLS | Web ID

SB24095512

Days on Market

18

Features
General
Utilities ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected
Zoning LAC2
Year Built 1985
Electric ElectricityOnProperty
Topography Level
Property SubType Retail
Tax Year 2023
Business Type StripMall
County Los Angeles
Insurance Expense 11230.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 110 Harbor Fwy south; Exit to Gaffey St southbound; On righthand side at 10th & Gaffey.
City San Pedro
View Y/N N
Senior Community Y/N N
Open Parking Spaces 15.0
NumberOfUnitsTotal 6048
MLS Area 183 - Vista Del Oro
Lot Size Units SquareFeet
Lot Size Square Feet 10923.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 6
Street Name Gaffey
Listing Terms CashtoExistingLoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 19203.0
Home Warranty Y/N N
Trash Expense 7780.0
Water Sewer Expense 8400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://blueskypixs.hd.pics/1003-S-Gaffey-St https://blueskypixs.hd.pics/1003-S-Gaffey-St
Days on Market 18
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Retail
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Exterior
Lot Features Item01UnitAcre Flat
Water Source Public
Total Parking 15.0
Lot Size Area 10923.0
Number of Buildings 1
Spa N
Building Area Total 5535.0
Lot Dimensions 130 X 84
Lot Size Acres 0.2508
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1003
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* Excluded Features
List By
Henry Falkenstein & Assoc

Broker

(310) 519-7733

Phone

Affordability Calculator

$14,062
Per Month
89%
11%
0%
Monthly Principal & Interest
$12,462
Monthly Property Taxes
$1,600
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2024$1,875,000 -9.64% Price Down
5/15/2024$2,075,000 Listed Price

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1003 S Gaffey Street, San Pedro, CA, 90731 is a Commercial Property for sale at $1,875,000 with 5,535 sqft and a lot size of 0.2508. 1003 S Gaffey Street is a studio with 0.0 baths and was built in 1985. The property's zip code is 90731 which is in San Pedro, CA