San Pedro, CA 90731,363 W 6th ST

$1,650,000

$1,850,000

10.8%
Est.Price: ?

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Est. payment /mo

6,250 Sqft Lot


SOLD DATE : 11/22/2024

Key Details

Sold Price $1,650,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24163109

Sold Date 11/22/24

HOA Y/N No

Year Built 1922

Annual Tax Amount $10,000

Lot Size 6,250 Sqft

Lot Dimensions Assessor

Property Description

Want commercial storefront property in the heart one of the best city redevelopment processes in recent time? San Pedro now has 3,000 housing starts in the design and/or construction phase, with a concentration in their downtown area. DTSP (downtown San Pedro) is enjoying a wonderful revival with new restaurants, fabulous foot traffic and the start of the West Harbor waterfront development. This commercial space at 363 W. 6th St. is located right in the middle of it with surrounding popular restaurants and local retail. This two-story property with ample basement space could be the perfect spot for a number of uses to contribute to this vibrant area. This property offers a total of 12,600 sf of space (est.), with 5,610 sf on the main storefront space (2 actual storefronts with 20 foot ceilings) and downstairs basement space and mezzanine office space. Tax rolls show square footage of 5,275. The property was once home to a J.C. Penny retail store. Currently, the entire building is vacant, although special events are held from time-to-time. There are six parking spots in the back off a common alley. There are two 220V lines to the property. Property is in a Tax Opportunity Zone. Seller reserves right to enter into a 1031 exchange. Buyer to verify square footage. Virtual tour and floor plan shown below.

Location

State CA

County Los Angeles

Area 189 - Barton Hill

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Cable Available, Natural Gas Available

Roof Type Asphalt

Present Use See Remarks

Building

Lot Description 0-1 Unit/Acre, Sprinkler System, Flat

Story 3

Water Public

Others

Tax ID 7455012006

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Rock Ashfield • Keller Williams Realty • 5622432809
Bought with Edward Duterte • EXP Commercial
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