705 S Pacific, San Pedro, CA 90731
- $1,000,000
- Sold Price
- $1,000,000
- List Price
- $1,195,000
- Closing Date
- Aug 28, 2026
- Status
- CLOSED
- MLS#
- SB26049598
- Year Built
- 1927
- Lot Size
- 8,991
- Acres
- 0.21
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 90
- Property Type
- Commercial
- Property Sub Type
- Business
Property Description
Back on the market - this is your chance. Property is currently a three-unit retail building with 90ft of frontage on the historic Pacific Ave in San Pedro. Located in the heart of the San Pedro Property Business Initiative District (PBID) - see addendum, this is an excellent investment opportunity to rehabilitate and take advantage of the growing revitalization of the 6th & 7th St downtown areas, the Warner Grand Theatre, the new West Harbor waterfront development and the multiple new high end apartment units. Huge upside in rents, once rehabbed. The current configuration of three units includes an approx. 1650 sq. ft. Barber Shop; approx. 2300 sq. ft. Pawn Shop an approx. 4550 sq. ft. Secondhand store with an arcade entrance that could be split into two separate units. All units are month to month NNN leases.
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Additional Information
- Heat
- None
- Cooling Description
- None
- Exterior Construction
- Stucco
- Roof
- Rolled/Hot Mop
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $58,200
- Operating Expense
- 16224
Listing courtesy of Listing Agent: Mitch Graves (mitch@mitchgraves.com) from Listing Office: Century 21 Coastal Properties.
Listing sold by Mitch Graves from Century 21 Coastal 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.