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Double Lot Medical Office 829-835 W 9th St 2,880 SF Office Building San Pedro, CA 90731 $1,299,000 ($451.04/SF)
INVESTMENT HIGHLIGHTS
- Well located on a primary thoroughfare in San Pedro
- Additional 4,800 SF lot provides for a total of 15 parking stalls (5 to 1 medical parking)
- High end medical office build out with 8 exam rooms, an office, 2 ADA bathrooms (1 with shower) and lobby/reception area
- Rare medical/office offering - Ideal owner/user opportunity
EXECUTIVE SUMMARY
The subject property is a commercial medical office building situated on a double lot that totals 9,600 square feet. The parcels are zoned C2 which permit a wide variety of commercial and multiresidential uses.
The current property owner has a Chiropractic business that occupies 2,280 square feet of the 2,880 square feet total building area. There is a law firm that occupies Suite B which is 600 square feet on a lease that terminates June 30, 2026 with no renewal options. There is parking in excess of 5 to 1 which is required for medical office space.
The interior of Suite A (the medical office) was completely renovated in 2019-2020 and has ADA upgrades to both patient access and the two restrooms in suite A. The building had new HVAC units and upgraded electrical system, and ADA lift/elevation installed at the time of the renovations. The owner of the Chiropractic business is living out of state as of 2023 and will be vacating the space in Suite A at the close of escrow.
Don’t miss this rare opportunity to acquire a turn-key medical office building in the heart of the San Pedro business district, just minutes from the Port of Los Angeles and the LA Waterfront Development.
The current property owner has a Chiropractic business that occupies 2,280 square feet of the 2,880 square feet total building area. There is a law firm that occupies Suite B which is 600 square feet on a lease that terminates June 30, 2026 with no renewal options. There is parking in excess of 5 to 1 which is required for medical office space.
The interior of Suite A (the medical office) was completely renovated in 2019-2020 and has ADA upgrades to both patient access and the two restrooms in suite A. The building had new HVAC units and upgraded electrical system, and ADA lift/elevation installed at the time of the renovations. The owner of the Chiropractic business is living out of state as of 2023 and will be vacating the space in Suite A at the close of escrow.
Don’t miss this rare opportunity to acquire a turn-key medical office building in the heart of the San Pedro business district, just minutes from the Port of Los Angeles and the LA Waterfront Development.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$15,575
|
$5.41
|
| Operating Expenses |
$7,800
|
$2.71
|
| Total Expenses |
$23,375
|
$8.12
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $15,575 |
| Annual Per SF | $5.41 |
| Operating Expenses | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $2.71 |
| Total Expenses | |
|---|---|
| Annual | $23,375 |
| Annual Per SF | $8.12 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,880 SF
Building Class
B
Year Built
1972
Price
$1,299,000
Price Per SF
$451.04
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,880 SF
Building FAR
0.30
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
C2 - Wide variety of commercial, medical dental and multi-residential uses
Parking
15 Spaces (5.21 Spaces per 1,000 SF Leased)
1 of 1
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,666,762 (2024) | |
| Land Assessment | $1,246,360 (2024) | Annual Taxes | $15,575 ($5.41/SF) |
| Improvements Assessment | $420,402 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,246,360 (2024)
Improvements Assessment
$420,402 (2024)
Total Assessment
$1,666,762 (2024)
Annual Taxes
$15,575 ($5.41/SF)
Tax Year
2025
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Double Lot Medical Office | 829-835 W 9th St
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