$5,800,000
$9,000,000
35.6%For more information regarding the value of a property, please contact us for a free consultation.
2302 S Western Avenue San Pedro (los Angeles), CA 90732
31,834 SqFt
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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Bought with StephenLampe