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505 S Pacific Ave
San Pedro, CA 90731
Pacific Sunrise Medical Center · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
12,000 SF
Building Class
B
Year Built
1987
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.95
Lot Size
0.29 AC
Zoning
LAC2
Parking
30 Spaces (2.5 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Security System
  • Waterfront
  • Storage Space
  • Air Conditioning
  • Balcony

ABOUT 505 S PACIFIC AVE , SAN PEDRO, CA 90731

PRICE REDUCED AGAIN!! PRO-FORMA GROSS-$260k/YR. CAP RATE COULD BE 10% ACT FAST BEFORE ITS GONE!! Time is of essence - seller looking to move into another deal! This professional office/medical building is located at the signalized corner of Pacific and 5th. Strategically located in one of the busiest commercial thoroughfares in San Pedro this property sees approximately 20k cars per day and strongly diverse demographic. Presently $8,500/Month Rental Income. The property is well maintained and equipped with an elevator, sprinkler system, parking, (subterranean) and a beautiful monument sign for added exposure. Located directly across the street from Wells Fargo, restaurants and shops which add great demand for any office user of medical and more. Building can be provided vacant or partially occupied. With this properties attributes this property can be used for flag hotel or most any other use. **Presently in talks with a prospective tenant to lease 75-100% of the building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7451-028-026
Land Assessment
$1,227,068
Improvements Assessment
$892,413
Total Assessment
$2,119,481
  • Listing ID: 10049631

  • Date on Market: 11/20/2017

  • Last Updated:

  • Address: 505 S Pacific Ave, San Pedro, CA 90731

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