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1100 S Pacific Ave 4,800 SF 100% Leased Retail Building San Pedro, CA 90731 $1,565,000 ($326.04/SF) 6.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent investment property - Over 6.5% CAP rate in first year
- Potential for future Multifamily or Mixed-Use Development (Subject to CPIO limits)
- All Leases will expire mid 2027 or sooner
- Large parking lot with 25 spaces 5:1 parking
EXECUTIVE SUMMARY
This seven-tenant strip center in San Pedro is a prime investment opportunity, offering a strong 6.5%+ CAP rate in the first year. With all leases set to expire by mid-2027 or sooner, the property provides flexibility for future development. Zoned for potential multifamily or mixed-use projects (subject to CPIO limits), it 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.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$153,540
|
$31.99
|
| Other Income |
$1,800
|
$0.38
|
| Vacancy Loss |
$6,075
|
$1.27
|
| Effective Gross Income |
$149,265
|
$31.10
|
| Taxes |
$19,985
|
$4.16
|
| Operating Expenses |
$22,800
|
$4.75
|
| Total Expenses |
$42,785
|
$8.91
|
| Net Operating Income |
$106,480
|
$22.18
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $153,540 |
| Annual Per SF | $31.99 |
| Other Income | |
|---|---|
| Annual | $1,800 |
| Annual Per SF | $0.38 |
| Vacancy Loss | |
|---|---|
| Annual | $6,075 |
| Annual Per SF | $1.27 |
| Effective Gross Income | |
|---|---|
| Annual | $149,265 |
| Annual Per SF | $31.10 |
| Taxes | |
|---|---|
| Annual | $19,985 |
| Annual Per SF | $4.16 |
| Operating Expenses | |
|---|---|
| Annual | $22,800 |
| Annual Per SF | $4.75 |
| Total Expenses | |
|---|---|
| Annual | $42,785 |
| Annual Per SF | $8.91 |
| Net Operating Income | |
|---|---|
| Annual | $106,480 |
| Annual Per SF | $22.18 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built
1923
Price
$1,565,000
Price Per SF
$326.04
Cap Rate
6.80%
NOI
$106,480
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.34 AC
Zoning
C2, Los Angeles - Zoned for potential multifamily or mixed-use projects (subject to CPIO limits)
Parking
28 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- All Ways Travel Services
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| All Ways Travel Services | Services | - | - | - |
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| S Pacific Ave | W 11th St, N | 22,731 | 2022 | 0.02 mi |
| S Pacific Ave | W 10th St, N | 21,140 | 2022 | 0.05 mi |
| W 11th St | S Pacific Ave, E | 8,818 | 2022 | 0.08 mi |
| S Pacific Ave | W 13th St, S | 16,549 | 2022 | 0.08 mi |
| W 10th St | S Pacific Ave, W | 1,276 | 2022 | 0.08 mi |
| W 12th St | S Mesa St, E | 1,282 | 2022 | 0.09 mi |
| W 10th St | S Pacific Ave, E | 1,593 | 2022 | 0.10 mi |
| S Pacific Ave | W 9th St, N | 20,379 | 2022 | 0.11 mi |
| S Mesa St | W 11th St, N | 2,014 | 2022 | 0.12 mi |
| W 13th St | S Pacific Ave, W | 2,422 | 2022 | 0.12 mi |
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7456-007-046 | Total Assessment | $1,674,720 (2024) |
| Land Assessment | $1,426,869 (2024) | Annual Taxes | $19,985 ($4.16/SF) |
| Improvements Assessment | $247,851 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
7456-007-046
Land Assessment
$1,426,869 (2024)
Improvements Assessment
$247,851 (2024)
Total Assessment
$1,674,720 (2024)
Annual Taxes
$19,985 ($4.16/SF)
Tax Year
2025
MAP
ADDITIONAL PHOTOS
Front
Looking North
Store Front
1130
Looking North 2
Back
Looking South
Plat Map