601 W 6Th Street, San Pedro, CA 90731
-
Listed Price :
$1,250,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1950
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%.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
601 W 6Th Street |
| City |
San Pedro |
| State |
CA |
| Zip |
90731 |
| County |
Los Angeles |
| Listing Agent |
Christopher Comfort DRE #01407997 |
| Courtesy Of |
Apex Properties |
| List Price |
$1,250,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Retail |
| Structure Size |
N/A |
| Lot Size |
8,410 |
| Year Built |
1950 |
Listing information courtesy of: Christopher Comfort, Apex Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 12th, 2024 at 7:26 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.
