1900 San Pedro StLos Angeles, CA 90011

Property Details for 1900 San Pedro St

Year built

2006

Construction

TILT-UP CONCRETE

Lot size

0.31 AC

Property size (Sq ft)

7,356 SF

Zone code

LAM1

Property type

Retail properties

Property subtype

Other commercial kitchens

APN

5131-006-029

APU

5131006029

Description

This exceptional 1,994 square foot retail space is located at 1900 San Pedro St, Los Angeles, CA 90011, at the bustling intersection of San Pedro St and E 20th St. Part of an 8,000 square foot, single-story Class B building constructed in 2006, this end-cap unit offers high visibility and excellent foot and auto traffic. The property features 12 parking spaces and is zoned LAM1. The space includes a sink and private restroom, and a janitorial area suitable for health permit/food uses. This former 7-11 location presents a fantastic opportunity to join established national co-tenants, including Little Caesars and Yoshinoya. Tenant improvements are available for qualified tenants. The property is ideally suited for a variety of uses, including dental, medical, retail, restaurant, mini-market, cannabis dispensary, convenience store, and other compatible businesses. This prime Downtown Los Angeles location offers unparalleled access to a dense population and high consumer traffic.

• CAP approach

  CAP return

  Valuation

  6%

  $3,133,050

  6.5%

  $2,892,046

  7%

  $2,685,471

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,525,019

  Geo Method

  $3,525,019

• Alternative Use

  Use

  Valuation

  Residential

  $2,439,549

  Hospitality

  $2,234,614

  Educational

  $1,859,172

  Medical

  $1,923,112

  Retail

  $2,892,046

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0273

Longitude

-118.257

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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