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1100 S Pacific Avenue, San Pedro, CA 90731

Commercial property

1100 S Pacific Avenue, San Pedro, CA 90731 Sold May 2026 CRMLS
$1,500,000Sold May 2026

Listing Agent: Stephen Lampe (DRE #01164364) · Listing Office: Re/Max Commercial & Investment · Contact: slampe@remaxcir.com · Bought with: Stephen Lampe · Re/Max Commercial & Investment · MLS #SB26037796 · Source: CRMLS

4,800
Building Sq Ft
7.03%
Cap Rate
$110,058
NOI
15,000 sqft
Lot Size
1923
Year Built
Commercial property
Type

About this commercial property

This seven-tenant strip center in San Pedro is a prime investment opportunity, offering a strong 7.00%+ CAP rate in the first year of ownership on current rents as of February 2026, after accounting for operating expenses including offsite management and a vacancy reserve of 4%. The actual CAP rate on current rents could higher than 7.00% for the first year. The majority of the tenants are long term tenants on short term Modified Gross leases of 5 years or less. The property provides flexibility for future development. Zoned C2 which allows R4 Zoning uses for potential multifamily or mixed-use projects (subject to CPIO limits). This investment 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.

Listing description from the May 2026 sale, as reported to CRMLS.

Sale history

$1,500,000
Sold May 2026 · listed $1,565,000, on market February 2026 · MLS #SB26037796 · Source: CRMLS
Listing Agent: Stephen Lampe · Listing Office: Re/Max Commercial & Investment · Contact: slampe@remaxcir.com · Bought with: Stephen Lampe · Re/Max Commercial & Investment
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