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San Pedro Medical Office on Two Lots 835 W 9th St
2,880 SF Office Building San Pedro, CA 90731 $1,399,000 USD ($486 USD/SF)
Investment Highlights
- Rare medical/office offering on two lots
- High end medical office build out with 8 exam rooms, an office, 2 ADA bathrooms (1 with shower) and lobby/reception area
- Ideal owner/user opportunity
- 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)
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 multi-residential uses including dental offices.
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 and the space is vacant.
Don’t miss this rare opportunity to acquire a turn-key medical dental 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 and the space is vacant.
Don’t miss this rare opportunity to acquire a turn-key medical dental 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 - 2024) |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Taxes |
$16,774
|
$5.82
|
| Operating Expenses |
$7,800
|
$2.71
|
| Total Expenses |
$24,574
|
$8.53
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes (USD) | |
|---|---|
| Annual | $16,774 |
| Annual Per SF | $5.82 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $2.71 |
| Total Expenses (USD) | |
|---|---|
| Annual | $24,574 |
| Annual Per SF | $8.53 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
2,880 SF
Building Class
B
Year Built
1972
Price
$1,399,000 USD
Price Per SF
$486 USD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,880 SF
Building FAR
0.30
Land Acres
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 (88)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,666,762 USD | |
| Land Assessment | $1,246,360 USD | Annual Taxes | $16,774 USD ($5.82 USD/SF) |
| Improvements Assessment | $420,402 USD | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,246,360 USD
Improvements Assessment
$420,402 USD
Total Assessment
$1,666,762 USD
Annual Taxes
$16,774 USD ($5.82 USD/SF)
Tax Year
2024 Payable 2024
-
Stephen Lampe -
RE/MAX Commercial & Investment Realty
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San Pedro Medical Office on Two Lots | 835 W 9th St
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