601 W 6th, San Pedro, CA 90731
- $1,495,000
- List Price
- $1,495,000
- Status
- ACTIVE
- MLS#
- DW26136877
- Year Built
- 1950
- Lot Size
- 8,410
- Acres
- 0.19
- Lot Location
- 6-10 Units/Acre, Corner Lot
- Days on Market
- 36
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
Fully leased Multi-Tenant Retail Asset | 6.5% Cap Rate | Prime Corner Lot Exceptional opportunity to acquire a high-visibility, 5,775 SF multi-tenant retail building situated on a prime 8,408 SF corner lot. Offering immediate stability and strong cash flow, this asset is being delivered at an attractive 6.5% Cap Rate. The property features 100% occupancy across six stabilized, smaller-profile retail units, offering a diversified income stream and excellent risk mitigation for investors. Designed for efficiency and low landlord oversight, each unit is equipped with its own, separate utility meters, and a private restroom. The building boasts outstanding curb appeal and abundant natural light thanks to a modern glass storefront system. Complete with an on-site 6-stall gated parking lot and prominent corner exposure, this is a turnkey, income-producing asset built for long-term value.
Additional Information
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Christopher Comfort (ccomfort@gowithapex.com) from Listing Office: Apex Properties.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.