Millman Team Real Estate

$1,565,000
0.34 Acre Lot

1100 S Pacific Avenue, San Pedro, California 90731

  • Commercial Sale Property Type
  • 1923 Year Built
Property Description

This seven-tenant strip center in San Pedro is a prime investment opportunity, offering a strong 6.50%+ CAP rate in the first year. With all leases set to expire by mid-2027 or sooner, the property provides flexibility for future development. Zoned for potential multifamily or mixed-use projects (subject to CPIO limits), it offers long-term value beyond its current retail income. The property also features a spacious parking lot with 25 spaces (5:1 parking ratio), ensuring convenience for tenants and customers alike.

Basic Details
Commercial Sale
For Sale
SB25028623
$1,565,000
1923
0.34 Acre
Active
Retail
Features
: None
: None
: None
: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Available, Cable Connected, Phone Connected
$0
Address Map
CA
Los Angeles
San Pedro
90731
Pacific
1100
Avenue
SEC of 11th and Pacific
185 - Plaza
S
C2
Additional Information
$0
$0
$0
$0
$0
4800
Retail
: Stucco
1
: Corner Lot, Level
120x125
2025-02-07
1690000
1
: Public
Broker/Agent Information
Re/Max Commercial & Investment
Stephen Lampe
Financial
19985.0
Listing Information
SLAMPSTE
s1158
Cash,Cash to New Loan,Conventional
Active
2025-07-24T22:18:03Z
CRMLS
: Standard
2025-02-07T11:26:43Z
Agent info
Ray Millman
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