Vacant Medical Office in San Pedro

209 N Pacific Ave, Los Angeles, CA 90731

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For Sale

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Vacant medical office building with on-site parking for sale.

Type:Office

Property size:

4,642 SF

Lot size:

0.21 Acres

Price / SF:

$343/SF

HighLights

Vacant medical office property, ideal for immediate use or redevelopment.
Lender‑owned (REO), presenting a potential value opportunity.
Located in San Pedro, California.
Building size: ±4,642 SF on a ±9,000 SF lot.
Built in 2003.
Easy access to N Gaffey Street and Seaside Freeway.

We can help!

Contact an agent

David Maling

For Sale

Contact for pricing

Vacant medical office building with on-site parking for sale.

Type:Office

Property size:

4,642 SF

Lot size:

0.21 Acres

Price / SF:

$343/SF

Added:: Mar 21, 2025
Days on Market:: 469
Last Refresh:: Mar 16 at 1:12 pm

Property Features for 209 N Pacific Ave

General Information

Standard status: Active
Size: 4,642 SF
Lot size: 0.21 Acres
Property subtype: Office

Building Details

Year Built: 2003

We can help!

Contact an agent

David Maling

Listing office Avison Young - Downtown Los Angeles

Listing date Mar 21, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Downtown Los Angeles

HighLights

Vacant medical office property, ideal for immediate use or redevelopment.
Lender‑owned (REO), presenting a potential value opportunity.
Located in San Pedro, California.
Building size: ±4,642 SF on a ±9,000 SF lot.
Built in 2003.
Easy access to N Gaffey Street and Seaside Freeway.

Overview

The property at 209 North Pacific Avenue in San Pedro, California, is a vacant medical office building available for purchase. The building has a size of approximately 4,642 square feet and is situated on a lot of approximately 9,000 square feet. The property includes a few gated, on-site parking spaces. The location provides convenient access to N Gaffey Street and Seaside Freeway, presenting an opportunity for a buyer.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$180.5k	$38.88
− Vacancy	−$33.6k	−$7.23
EGI	$146.9k	$31.65
− OpEx	−$36.7k	−$7.91
NOI	$110.2k	$23.74

4,642 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.57M

$1.38M – $1.84M (±1% cap)

NOI $110,184 @ 7.0% cap · market cap 6.91%

Second Best

Healthcare Medical

$1.23M

$1.08M – $1.43M (±1% cap)

NOI $86,096 @ 7.0% cap · market cap 5.40%

Theoretical Best

Multifamily LT 5

$94.04M

$82.29M – $109.72M (±1% cap)

NOI $6,583,089 @ 7.0% cap · market cap 412.73%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Similar Places Nearby

CAMP Clinic San Pedro (spay/neuter) — 957 N Gaffey St, San Pedro, CA 90731
CAMP Clinic San Pedro (community medicine) — 395 W 7th St Unit D, San Pedro, CA 90731

Location Insight

Map
Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.47617
Latitude: 33.99234

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For sale
Medical Office Space
CA
Los Angeles
90731
209 N Pacific Ave

What type of property is this?

Medical Office Space - Vacant medical office building with on-site parking for sale.

Where is this medical office space located?

The property is located at 209 N Pacific Ave Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,595,000.

What are key features of this property?

This property features: Vacant medical office property, ideal for immediate use or redevelopment.; Lender‑owned (REO), presenting a potential value opportunity.; Located in San Pedro, California.

209 N Pacific Ave, Los Angeles, CA 90731

Vacant medical office building with on-site parking for sale.

Property Features for 209 N Pacific Ave

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Prime Automotive Land in Los Angeles

12-Unit Multifamily Corner Property

Corner Retail Property with Billboard

Fourplex with In-Unit Laundry

Gated Apartment Building with Solar

Spanish-Style Multifamily Courtyard

Renovated Residential Income Property

Triplex with Dedicated Parking Yards

Adjacent 11-Unit Residential Income Properties

Apartment Income Property with Covered Parking

Value-Add Multifamily Building

Specialty Multi-Family Property

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