1209 Pacific AveLos Angeles, CA 90731

Property Details for 1209 Pacific Ave

Year built

1918

Lot size

0.42 AC

Property size (Sq ft)

7,950 SF

Property type

Retail properties

Property subtype

Mixed-use properties

Description

This exceptional San Pedro investment opportunity presents two vacant retail buildings totaling 17,350 net rentable square feet on a 0.42-acre lot. Located at 1209-1221 S Pacific Boulevard, this property boasts a prime hard-corner location with 180 feet of frontage on heavily trafficked S Pacific Avenue. Built in 1918/1920, the buildings feature 14-16 foot clear heights, three-phase power, and one ground-level door. The property is zoned LAC2 and offers significant potential for owner-user occupancy or lease-up for investors. The asking price is $2,653,200, representing a land value of $147.38 per square foot. This fee-simple ownership opportunity allows for either individual or combined sale of the two buildings. The property's location in the vibrant Los Angeles metropolitan area, near the Ports of Los Angeles and Long Beach, provides excellent access to a large and diverse population and a robust economy. The property's size and features make it suitable for a variety of retail uses, offering a compelling investment prospect with long-term development potential. The property is currently vacant, providing a blank canvas for a new owner to create a thriving retail space. This is a rare opportunity to acquire a well-located, sizable retail property in a thriving market.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.7331

Longitude

-118.288

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