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111 N Gaffey Street, San Pedro, CA 90731

Commercial property · 2 recorded sales since 2018

111 N Gaffey Street, San Pedro, CA 90731 Sold August 2022 CRMLS
$647,000Sold August 2022

Listing Agent: Vahe Parsekhian (DRE #01398749) · Listing Office: Americana Real Estate Services · Contact: 818-244-2777 · Bought with: Vahe Parsekhian · Americana Real Estate Services · MLS #GD22140789 · Source: CRMLS

1,800
Building Sq Ft
4.46%
Cap Rate
$33,438
NOI
3,705 sqft
Lot Size
1946
Year Built
Commercial property
Type

How this sale compares

111 N Gaffey Street sold for $647,000 in August 2022, 4.1% under its $675,000 list price, after 59 days on the market.

59
Days on market
−4.1%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

Prime commercial retail space zoned C2, less than 1 mile from the 110 freeway. This is a high traffic area with great frontage on Gaffey. Building is 1800 sq ft with 4 parking spots. Ideal for: Real Estate, Accountant, Chiropractor, Health & Wellness, Professional Services, Consultant, Live/Work, Studio, Office, Attorney, Insurance and more! The city of San Pedro is experiencing a huge wave of development including plans for a $150 million dollar redevelopment of the San Pedro Waterfront and the Ports O’ Call Village.

Listing description from the August 2022 sale, as reported to CRMLS.

Sale history

$647,000
Sold August 2022 · listed $675,000, on market June 2022, 59 days on market · MLS #GD22140789 · Source: CRMLS
Listing Agent: Vahe Parsekhian · Listing Office: Americana Real Estate Services · Contact: 818-244-2777 · Bought with: Vahe Parsekhian · Americana Real Estate Services
$569,000
Sold April 2018 · listed $579,000, orig. $585,000, on market July 2017, 196 days on market · MLS #PW17154768 · Source: CRMLS
Listing Agent: Edward Renteria · Listing Office: Pacific West Associates · Contact: 562-212-5752 · Bought with: Edward Renteria · Pacific West Associates
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