800 S Gaffey Street

    San Pedro, CA 90731
    • $2,093,000
    • STATUS: Active
    • ON SITE: 115 days
    • ID#: SB19151165
    UPDATED: 47 min ago
    $2,093,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,865
      SQFT
    • $305
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1979
    County:

    School Ratings & Info

    Description

    Commercial property with ideal corner location at 8th St. and Gaffey Street sitting on 13,022 square foot lot. 3 separate incomes. Office space with mezzanine 2,810 sq. ft. Bonello's Pizza with mezzanine lease until 2/28/2022 and Babouch Moroccan Restaurant with mezzanine, lease until 5/5/2022. Right in the center of high traffic commercial area on primary street corner with traffic light. Office space is currently available for owner user and can be divided into 2 offices, one up and 1 down. There is a total of 6 separate offices in this space. plus a large central office and a receptionist area. 1.5 baths and a kitchenette. 11 parking spaces and 1 additional handicap space. Total income from 2 occupied restaurants is approximately $73,260.00 AGI. Office space can rent for $45,540.00 AGI. Total of $118,800.00 AGI, total yearly expenses currently at $14,136.00. Tenants pay water, electric, gas and trash.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T19:38:12.483. 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 Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
    www.sdluxe.com/homes/96409611

    800 S Gaffey Street San Pedro, CA 90731

    • Price: $2,093,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: SB19151165
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    6,865
    SQFT
    $305
    $/SQFT
    1979
    Built
    Neighborhood:
    183 - Vista Del Oro
    County:
    Los Angeles
    Area:
    183 - Vista Del Oro
    Property Description
    Commercial property with ideal corner location at 8th St. and Gaffey Street sitting on 13,022 square foot lot. 3 separate incomes. Office space with mezzanine 2,810 sq. ft. Bonello's Pizza with mezzanine lease until 2/28/2022 and Babouch Moroccan Restaurant with mezzanine, lease until 5/5/2022. Right in the center of high traffic commercial area on primary street corner with traffic light. Office space is currently available for owner user and can be divided into 2 offices, one up and 1 down. There is a total of 6 separate offices in this space. plus a large central office and a receptionist area. 1.5 baths and a kitchenette. 11 parking spaces and 1 additional handicap space. Total income from 2 occupied restaurants is approximately $73,260.00 AGI. Office space can rent for $45,540.00 AGI. Total of $118,800.00 AGI, total yearly expenses currently at $14,136.00. Tenants pay water, electric, gas and trash.
    Exterior Features

    Construction Materials Stucco Entry Level 1 Fence YN Yes Fencing Chain Link Lot Features Level With StreetLot 10000-19999 SqftLevelNear Public Transit Lot Size Dimensions 105 X 125 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 11.00 Roof Common RoofFlatTile

    Interior Features

    Condo Area Units Square Feet Laundry Features None Office Square Footage 2810

    Property Features

    Additional Parcels YN No Asset Class Office Building Area Units Square Feet Building Status Existing Business Type Food & Beverage Cap Rate 5.00 Country Us Electric Expense 0.00 Expense Year 14136 Gross Scheduled Income 118800.00 Industrial Square Footage 0 Insurance Expense 5141.00 Investment Property YN Yes Land Use OfficeOther Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Lot Dimensions Source Assessor Maintenance Expense 75.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 104664.00 Number Of Units Leased 2 Operating Expense 14136.00 Property Sub Type Business Real Estate Tax Expense 8094.00 Residential Square Footage 0 Special Listing Conditions Standard Total Monthly Rent 9900 Trash Expense 0.00 Utilities Sewer Connected Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Salvatore Sorrentino of Keller Williams Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T19:38:12.483. 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 Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
     
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