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7th & Pacific 705 S Pacific Ave 8,500 SF 100% Leased Retail Building San Pedro, CA 90731 $1,275,000 ($150/SF) 3.53% Cap Rate
Investment Highlights
- Located in The San Pedro Property Business Initiative District (PBID)
- Close to new developement on 6th and 7th St., West Harbor -new waterfront and Warner Grand Theatre remodel
- Great opportunity to buy a large retail building in up and coming area.
Executive Summary
This property is currently a three-unit retail building with 90 ft. of frontage on historic Pacific Ave in San Pedro. Located in the heart of the San Pedro Business Initiative District, this is an excellent opportunity to rehabilitate and take advantage of the growing revitalization of the 6th and 7th St. downtown areas, the Waner Grand Theatre, the new West Harbor waterfront development and multiple new high end apartment units.
Located on Pacific Ave, a major thoroughfare and premier location in the submarket.
Located in The San Pedro Property Business Initiative District (PBID)
Part of the San Pedro Historic Waterfront Business Improvement District (SPHWBID)
Great opportunity to buy a large retail building in up and coming area.
Close to the new West Harbor section of the San Pedro Waterfront Development.
Close to new housing developments such as Thrive On 7th, San Pedro Bank Lofts and Lasalle Lofts
Strong Community Demographics
90 feet of retail frontage.
Easily transformed to four store fronts.
Classic construction can be transformed to chic modern with ease.
All tenants month to month.
High-performing intersection, 18,000 cars a day, with excellent visibility.
Located on Pacific Ave, a major thoroughfare and premier location in the submarket.
Located in The San Pedro Property Business Initiative District (PBID)
Part of the San Pedro Historic Waterfront Business Improvement District (SPHWBID)
Great opportunity to buy a large retail building in up and coming area.
Close to the new West Harbor section of the San Pedro Waterfront Development.
Close to new housing developments such as Thrive On 7th, San Pedro Bank Lofts and Lasalle Lofts
Strong Community Demographics
90 feet of retail frontage.
Easily transformed to four store fronts.
Classic construction can be transformed to chic modern with ease.
All tenants month to month.
High-performing intersection, 18,000 cars a day, with excellent visibility.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Building Size
8,500 SF
Year Built
1927
Price
$1,275,000
Price Per SF
$150
Cap Rate
3.53%
NOI
$44,976
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.95
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
LAC2
Frontage
90’ on Pacific Ave
Amenities
- Mezzanine
- Storage Space
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Barbershop
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Pawnshop
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Secondhand
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Barbershop | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Pawnshop | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Secondhand | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - |
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (85)
Nearby Major Retailers
Property Taxes
| Parcel Number | 7454-003-025 | Total Assessment | $551,515 (2025) |
| Land Assessment | $370,940 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $180,575 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
7454-003-025
Land Assessment
$370,940 (2025)
Improvements Assessment
$180,575 (2025)
Total Assessment
$551,515 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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7th & Pacific | 705 S Pacific Ave
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