601 W 6Th Street

San Pedro, CA 90731

$1,250,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1950

calendar_month Built

Property Description

The subject property is a 5,775 sf retail building situated on a corner lot consisting of 8,408 sf of land. The building is comprised of SIX small retail units that are easily leased due the affordable rent that can be offered to prospective tenants. The glass store front system gives the property added curb appeal and lots of natural light. Each unit has its own HVAC system, is separately metered for utilities, and each has its own restroom. The property also has a parking lot with five parking stalls. By achieving a modest rental rate of $1.85 gross (~ $1.38 NNN), the property will be generating an annual cap rate of 7.72%.

Listing Information

List Price $1,250,000
Status Active
MLS DW24143239
Type Commercial
Subtype Retail
Year Built 1950
Lot Size 8,410
Structure Size N/A
DOM 32
Courtesy Of Apex Properties
Listing Agent Christopher Comfort DRE#01407997

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Christopher Comfort, Apex Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.