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535 537 W 7th Street, San Pedro, CA 90731

Commercial property

535 537 W 7th Street, San Pedro, CA 90731 Sold June 2023 CRMLS
$1,075,000Sold June 2023

Listing Agent: Stephen Lampe (DRE #01164364) · Listing Office: Re/Max Commercial & Investment · Contact: 310 802-2500 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #SB23072335 · Source: CRMLS

3,360
Building Sq Ft
3.79%
Cap Rate
$41,659
NOI
5,001 sqft
Lot Size
1952
Year Built
C2
Zoning
Commercial property
Type

About this commercial property

SELLER FINANCING OF 6% INTEREST ONLY WITH 30% DOWN (subject to seller approval of buyer’s creditworthiness) The office building at 535-­537 West 7th Street has been completely renovated and occupied by a law firm. It is configured with an open floor plan with 6 private offices, a conference room, a large open area breakroom with new cabinets and countertops in the kitchen area, and ADA bathrooms. High Truss­Bow ceilings, and polished concrete floor give this loft style office space a modern look. There is onsite gated parking for up to 3 vehicles. There is a large public parking lot across from the property and there are many restaurants within walking distance. San Pedro is developing the west harbor as a waterfront destination just a few minutes from the subject property. Ideal for an owner-­user or as an investment with a tenant leaseback. PLEASE DO NOT DISTURB TENANTS, any property tours are by appointment only.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,075,000
Sold June 2023 · listed $1,100,000, on market April 2023 · MLS #SB23072335 · Source: CRMLS
Listing Agent: Stephen Lampe · Listing Office: Re/Max Commercial & Investment · Contact: 310 802-2500 · Bought with: General NONMEMBER · NONMEMBER MRML
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