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Listed by Jacob Abeelen • T.N.G. Real Estate Consultants
$ 1,700,000
Est. payment /mo
Price Dropped by $1.1M
San Pedro, CA 90731
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-25280557
Year Built 1922
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Exceptional opportunity to acquire two contiguous parcels in a highly visible San Pedro location. Offered together, 1930 S. Pacific Avenue and 486 W. 20th Avenue create a rare owner-user or investment opportunity with multiple income streams and valuable on-site parking. The parcel at 1930 S. Pacific Avenue consists of a 4,502 square foot lot currently utilized as a parking lot with approximately 14 parking spaces, including two reserved spaces for the adjacent single-family residence. This parcel also features an on-site storage building approximately 15' x 20', currently used by the restaurant. The parcel at 486 W. 20th Avenue is also a 4,502 square foot lot and includes a total of 2,986 square feet of improvements. Additionally, the property includes a fully renovated 2-bedroom, 1-bathroom single-family residence with approximately 656 square feet of living space. The residence has its own utility services, providing added flexibility for rental income, owner occupancy, or staff housing. The combination of a thriving, established business, adjacent parking lot, residential income, and prime San Pedro location makes this a compelling turnkey investment or owner-operator opportunity.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Heating Central
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description Level, Level with Street, Near Public Transit, Rectangular Lot, Corner Lot