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825 835 W 9th Street

San Pedro, CA 90731
  • $1,430,000
  • STATUS: Active
  • ON SITE: 299 Days
  • ID#: SB23228272
UPDATED: 81 min ago
$1,430,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Stephen Lampe of Re/Max Commercial & Investment (310 802-2500)


Description

The subject property is a commercial medical office building situated on a double lot that totals 9,600 square feet. The parcels are zoned C2 which permit a wide variety of commercial and multi-residential uses. The current property owner has a Chiropractic business that occupies 2,280 square feet of the 2,880 square feet total building area. There is a law firm that occupies Suite B which is 600 square feet on a lease that terminates June 30, 2026 with no renewal options. There is parking in excess of 5 to 1 which is required for medical office space. The interior of Suite A (the medical office) was completely renovated in 2019-2020 and has ADA upgrades to both patient access and the two restrooms in suite A. The building had new HVAC units and upgraded electrical system, and ADA lift/elevation installed at the time of the renovations. The owner of the Chiropractic business is living out of state as of 2023 and will be vacating the space in Suite A at the close of escrow. Dont miss this rare opportunity to acquire a turn-key medical office building in the heart of the San Pedro business district, just minutes from the Port of Los Angeles and the LA Waterfront Development.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-14T16:31:33.953. 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 deemed reliable but is not guaranteed accurate by the MLS or Pushpa Nagaraj Team | Compass. Licensed in the State of California, USA.
www.pushpa4homes.com/homes/146153883
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825 835 W 9th Street San Pedro, CA 90731

  • Price: $1,430,000
  • Status: Active
  • On Site: 299 Days
  • Updated: 81 min ago
  • ID#: SB23228272
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1972
Built
Neighborhood:
183 - Vista Del Oro
County:
Los Angeles
Area:
183 - Vista Del Oro
Property Description
The subject property is a commercial medical office building situated on a double lot that totals 9,600 square feet. The parcels are zoned C2 which permit a wide variety of commercial and multi-residential uses. The current property owner has a Chiropractic business that occupies 2,280 square feet of the 2,880 square feet total building area. There is a law firm that occupies Suite B which is 600 square feet on a lease that terminates June 30, 2026 with no renewal options. There is parking in excess of 5 to 1 which is required for medical office space. The interior of Suite A (the medical office) was completely renovated in 2019-2020 and has ADA upgrades to both patient access and the two restrooms in suite A. The building had new HVAC units and upgraded electrical system, and ADA lift/elevation installed at the time of the renovations. The owner of the Chiropractic business is living out of state as of 2023 and will be vacating the space in Suite A at the close of escrow. Dont miss this rare opportunity to acquire a turn-key medical office building in the heart of the San Pedro business district, just minutes from the Port of Los Angeles and the LA Waterfront Development.
Exterior Features

Construction Materials BrickDrywallConcrete Entry Level 1 Lot Features LevelRectangular LotStreet Level Open Parking Spaces 15 Parking Total 15 Sign On Property YN No

Property Features

Additional Parcels YN No Business Type Medical Cap Rate 6.11 Common Interest None Gross Scheduled Income 112320 Insurance Expense 3000 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Maintenance Expense 4800 Net Operating Income 87369 Number Of Units Leased 2 Operating Expense 24951 Property Sub Type Office Special Listing Conditions Standard Tax Annual Amount 17151 Tax Year 2024 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public Zoning C2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-14T16:31:33.953. 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 deemed reliable but is not guaranteed accurate by the MLS or Pushpa Nagaraj Team | Compass. Licensed in the State of California, USA.
 
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Pushpa Nagaraj Team | Compass
680 E. Colorado Blvd, Suite 400
Pasadena CA, 91101
Listing Agent(s): Stephen Lampe of Re/Max Commercial & Investment (310 802-2500)