605 S Pacific Ave
San Pedro, CA 90731
605 Lofts · Multifamily Property For Sale
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4 Units
Property Facts
| No. Units | 4 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 8,910 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Zoning | C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 8,910 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2/1,000 SF |
| Zoning | C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses |
About 605 S PACIFIC AVE , SAN PEDRO, CA 90731
The property is located at the signalized southwest corner of 6th Street and Pacific, a main and main location in downtown San Pedro. The combined traffic counts of nearly 50,000 vehicles per day, plus the heavy pedestrian traffic make this location highly desirable. The property is located just minutes away from the Port of Los Angeles and has been the topic of major redevelopment for several years. Additionally, it is important to note that the subject property is within the San Pedro Business Improvement District. The asset is currently comprised of three ground-floor retail tenants and with four vacant multifamily units. The retail tenants include a local insurance company, a massage therapy center, and the San Pedro Café, which has been at this location since 1989. The parking lot was fully replaced in 2011 to be aligned with ADA compliance; during this rehab of the property the building also went through retiling of patio areas and various other upgrades throughout the building.
Property Taxes
| Parcel Number | 7451-037-028 | Improvements Assessment | $925,956 |
| Land Assessment | $1,352,520 | Total Assessment | $2,278,476 |
Property Taxes
