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448 9th Street

San Pedro, CA 90731

$1,000,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $175 / sqft

1950

calendar_month Built

Property Description

Stop paying rent! Did you know the most successful exit strategy a business can have is a real estate play? Unique 5,712 square foot commercial use property with a permitted single-family dwelling, renovated in 2008, located in a certified SBA HUBZone Opportunity Zone in downtown San Pedro. This building is a one-of-a-kind, with its memorable, aesthetically pleasing, inspirational, upgraded high-domed roof, giving you soaring ceiling heights(16 feet high) on the 2nd floor. Along with the main level, accessible by 2 roll-up doors (9 feet and 7’ 9” high respectively) for large pieces of equipment and forklift access, with 14 foot high ceiling with a cool industrial look of concrete, heavy lumber and steel truss construction. The major permitted upgrades were performed in 2008. Zoned LAC2 Commercial, permitted for Retail with Limited Manufacturing, Retail Contr. Businesses, Churches, Schools, Auto Sales, R4 uses including Multiple Dwelling, Child Care, Homeless Shelter. The rear of the first floor building houses a permitted 1,780 square foot ‘Artist in Residence Space’, which is a well-appointed apartment with vaulted ceilings, room to create, roll-up door access and includes stainless steel appliances in the kitchen and claw-foot tub in the full bathroom, plus ¼ bath. Washer and gas dryer included. Small green area to relax in outside of the living quarters. Central heating and Air Conditioning. Five, gated tandem parking spots. New construction and ground breaking nearby is quickly adding value to the neighborhood. This property is close to the huge, multi-million dollar waterfront Ports O’ Call Redevelopment Project. Close to the 110 freeway, Ports of L.A. and Long Beach, and downtown Los Angeles. New construction and ground breaking nearby is quickly adding value to the neighborhood. This property is close to the huge, multi-million dollar waterfront Ports O’ Call Redevelopment Project. Close to the 110 freeway, Ports of L.A. and Long Beach, and downtown Los Angeles.

Listing Information

Close Price $1,000,000
Close Date Wednesday, February 7th, 2024
Status Closed
MLS SB23182460
Type Commercial
Subtype Mixed Use
Year Built 1950
Lot Size N/A
Structure Size N/A
DOM 22
Courtesy Of San Pedro Real Estate Company
Listing Agent John Munn DRE#01514504

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

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Listing information courtesy of: John Munn, San Pedro Real Estate Company . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2024 at 10:57 AM 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.