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$1,495,000
DW26136877 MLS Active Status
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.

601 W 6th, San Pedro

$1,524,000
DW26028306 MLS Active Status
SEE SUPPLEMEN FOR RENT ROLL AND MORE DETAILS. This fully occupied retail center is located in the vibrant neighborhood of San Pedro, CA. The property is situated on a commercial corner and includes a gated parking lot for tenant parking. The building is comprised of 6 commercial units averaging 964 sq. ft. each. The small unit sizes are very attractive to tenants and have always been easily rented. Current tenants are as follows: 1) Production studio. 2) Velvet Hair Salon. 3) Smoke Shop. 4) Fit Lab Gym. 5) Premiere Chiropractic. 6) Vuk Jiu-Jitsu. Each store is individually metered for electricity and gas. At an existing actual cap rate of 6.25%, this asset offers investors an attractive and reliable return on investment. All leases are NNN. The current NOI is $95,256. The property has 6 parking stalls on site. The property is located in the heart of San Pedro which boasts one of the strongest population densities in L.A. County. Within a one mile radius from the property, there is a population base of over 41,000 residents. In addition, within a 3 mile radius of the property the average household income is $110,938. There are scores of national retailers in the area, including McDonald’s, Starbucks, Jack & The Box, KFC, CVS, and Del Taco all within ¼ mile of the subject property. This strategic location facilitates international trade and logistics, making it a prime location for businesses involved in shipping, manufacturing, and distribution as well. Small businesses thrive in the area supported by a strong local community and initiatives to foster entrepreneurship.

601 W 6th, San Pedro

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.