San Pedro (los Angeles), CA 90732,2302 S Western Avenue

$5,800,000

Est. payment /mo

$9,000,000

35.6%
Est.Price: ?

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2302 S Western Avenue San Pedro (los Angeles), CA 90732

31,834 SqFt

SOLD DATE : 06/12/2024

Key Details

Sold Price $5,800,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 31,834 sqft

Price per Sqft $182

MLS Listing ID CRSB23192100

Sold Date 06/12/24

HOA Y/N No

Year Built 1962

Lot Size 1.587 Acres

Acres 1.59

Property Description

Introducing the HARBOR VILLAGE RETAIL & OFFICE CENTER in San Pedro, CA 90732, an outstanding investment opportunity located at 2302 S. Western Ave. in San Pedro, CA. With a total leasable area of 31,834 sq. ft., this one and two story, fully leased property offers a stable and consistent income stream for investors, while providing a terrific Value-Add investment. Home to 21 local, long standing, well known tenants occupying 42 units. This center enjoys high visibility and wide accessibility, thanks to its frontage and accessibility on both Western Avenue and 25th Street. Western Avenue is the dominant retail corridor and thoroughfare for both the eastern portion of Rancho Palos Verdes as well as the city of San Pedro. Situated near a signalized corner and visible to over 25,300 vehicles daily, it offers a prime positioning for retail success. Individually metered for Gas and Electric. Convenience is key, with major retailers nearby - Starbucks, Rock 'N Juice, Fantastic Sam's, Mobil gas station, Chase Bank, Ace Hardware, and Vons and Smart ‘n Final supermarkets. 88 on-site parking spaces ensuring easy access for customers. Walk Score of 69, proximity to the beach, various shops, restaurants, the Trump Nt'l Golf Club, and the upcoming LA Waterfront Promenade, this property is id

Location

State CA

County Los Angeles

Area Listing

Zoning [Q]C

Interior

Fireplace No

Exterior

Utilities Available Natural Gas Connected

Total Parking Spaces 88

Building

New Construction No

Others

Tax ID 7460004014

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Bridge MLS
Listed by Clara Duran-Reed • The Duran Reed Firm, Inc.
Bought with StephenLampe
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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