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    Flexible Restaurant-Retail Space Title is generated by Realmo AI

    1908 S Pacific, San Pedro, CA 90731

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    Claim this Listing
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    For Sale
    $865,000

    Commercial Sale - San Pedro, CA

    Property size:
    2,160 SF
    Price / SF:
    $400/SF
    Added:
    Jun 30, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 1 at 4:06 am

    Property Features for 1908 S Pacific

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    7456032029
    Size
    2,160 SF

    Building Details

    Year built
    1922
    Architectural style
    Other

    We can help!

    Contact an agent
    Peter Hazdovac

    Listing agent Peter Hazdovac License #01897455

    Listing office HH Coastal Real Estate 779 W. 9th Street, San Pedro, CA

    Listing date Jun 30, 2026

    MLS# PV26141871 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1922 commercial/restaurant space with a flexible, open floor plan
    • Includes two bathrooms
    • Rolling gate and brand‑new fencing securing the rear of the property
    • Rear private parking lot included
    • Property formerly known as “Harolds” for decades (liquor license not included)

    Overview

    This versatile restaurant-retail space features a flexible, open floor plan and includes two bathrooms. Exterior upgrades include brand-new fencing and a rolling gate that secures the rear of the property, which also contains its own private parking lot. The layout is well-suited for a range of concepts that require an adaptable interior and convenient on-site parking.

    Located at 1908 S Pacific in San Pedro, California, the property’s secured rear access and dedicated parking help support straightforward customer and staff flow. The combination of a flexible interior configuration and private parking gives an operator control over how the space is used day to day.

    For buyers seeking an adaptable footprint, this offering can work for multiple business types mentioned with the property, including a restaurant, bar, cafe, office, storefront, or storage facility. The space is being sold without a liquor license, so any alcohol-serving concept would need to address licensing separately. Overall, the improvements to the perimeter and rear parking access make the property practical for an owner-operator looking to customize the buildout for their next use.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $79.8k $36.96
    − Vacancy −$1.8k −$0.85
    EGI $78.0k $36.11
    − OpEx −$19.5k −$9.03
    NOI $58.5k $27.08
    2,160 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $835.7K
    $731.2K – $975.0K (±1% cap)
    NOI $58,498 @ 7.0% cap · market cap 6.76%
    Second Best
    Office B
    $732.4K
    $640.9K – $854.5K (±1% cap)
    NOI $51,270 @ 7.0% cap · market cap 5.93%
    Theoretical Best
    Multifamily LT 5
    $43.76M
    $38.29M – $51.05M (±1% cap)
    NOI $3,063,221 @ 7.0% cap · market cap 354.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    San Pedro
    County
    Los Angeles
    State
    California
    Longitude
    -118.425412
    Latitude
    34.006652

    FAQs

    What type of property is this?
    Conventional restaurant - Versatile ground-floor space with an open layout, two restrooms, and private rear parking for day-to-day operations.
    Where is this conventional restaurant located?
    The property is located at 1908 S Pacific San Pedro, CA.
    What is the asking price?
    The asking price for this property is $865,000.
    What are key features of this property?
    This property features: Built in 1922 commercial/restaurant space with a flexible, open floor plan; Includes two bathrooms; Rolling gate and brand‑new fencing securing the rear of the property
    More about this property
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