6
See all 6 photos
$1,524,000
Est. payment /mo
8,411 Sqft Lot
Active
601 W 6th San Pedro, CA 90731
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26028306
HOA Y/N No
Year Built 1950
Lot Size 8,411 Sqft
Property Sub-Type Retail
Property Description
SEE SUPPLEMEN FOR RENT ROLL AND MORE DETAILS. This fully occupied retail center is located in the vibrant neighborhood of San Pedro, CA. The property is situated on a commercial corner and includes a gated parking lot for tenant parking. The building is comprised of 6 commercial units averaging 964 sq. ft. each. The small unit sizes are very attractive to tenants and have always been easily rented. Current tenants are as follows: 1) Production studio. 2) Velvet Hair Salon. 3) Smoke Shop. 4) Fit Lab Gym. 5) Premiere Chiropractic. 6) Vuk Jiu-Jitsu. Each store is individually metered for electricity and gas. At an existing actual cap rate of 6.25%, this asset offers investors an attractive and reliable return on investment. All leases are NNN. The current NOI is $95,256. The property has 6 parking stalls on site. The property is located in the heart of San Pedro which boasts one of the strongest population densities in L.A. County. Within a one mile radius from the property, there is a population base of over 41,000 residents. In addition, within a 3 mile radius of the property the average household income is $110,938. There are scores of national retailers in the area, including McDonald's, Starbucks, Jack & The Box, KFC, CVS, and Del Taco all within ¼ mile of the subject property. This strategic location facilitates international trade and logistics, making it a prime location for businesses involved in shipping, manufacturing, and distribution as well. Small businesses thrive in the area supported by a strong local community and initiatives to foster entrepreneurship.
Location
State CA
County Los Angeles
Area 193 - San Pedro - North
Interior
Heating Forced Air
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 7451036011
Special Listing Condition Standard
Listed by Christopher Comfort Apex Properties 818-917-6558, DRE #01407997
Nearby Locations
GET MORE INFORMATION