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Multi-Tenant Office Building
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302 W Fifth Street, San Pedro, CA 90731

Established office property with professional tenants, restaurant space, free parking, and C2-CD-CPIO zoning.

Property Size35,700 SF
Price / SF$251.96
Days on Market176

Property Features for 302 W Fifth Street

General Information

Standard status Active
Size 35,700 SF
Class B
Property subtype Office
Zoning C2-CD-CPIO
Occupancy 100%
Lease Type NNN
Net Operating Income $462,831

Building Details

Year Built 1978
Year Renovated 1998
Stories 3
Tenancy Multi
Listing Agency: Wixted Group
Listed By: Laurie Wixted · License #BRE# 00918380
Source: Crexi
Added: Mar 9 Changed: Aug 29 Last Checked: Aug 29 at 11:55PM

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 Wixted Group

Investment Insights

Based on property information with market context.

This 35,700-square-foot office building, completed in 1978, is occupied by a varied tenant base that includes governmental offices, law practices, engineering firms, and other professional businesses. The property also includes a longstanding restaurant, free on-site parking, and a reported 97% tenant retention rate. C2-CD-CPIO zoning supports its established commercial office profile.

Located in San Pedro’s business district, the building is near the Port of Los Angeles, transportation corridors, area amenities, and the Historic Arts District. The surrounding market includes the World Cruise Center, waterfront redevelopment, and AltaSea’s 450,000-square-foot marine campus. The property is also positioned within reach of Downtown Los Angeles, Long Beach, and the South Bay.

Key Highlights

  • 35,700‑square‑foot office building completed in 1978
  • 97% tenant retention rate with governmental, legal, engineering, and professional office occupants
  • C2‑CD‑CPIO zoning

Property Analytics

Current Use

Franks Apartment Building Zen Aura Energy ... Alternative Medicine Practice

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Tanning Salon Clothing & Fashion Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18,180
Businesses Nearby

Demographics for 90731, CA

61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Established office property with professional tenants, restaurant space, free parking, and C2-CD-CPIO zoning.
Where is this office building located?
The property is located at 302 W Fifth Street San Pedro, CA.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: 35,700‑square‑foot office building completed in 1978; 97% tenant retention rate with governmental, legal, engineering, and professional office occupants; C2‑CD‑CPIO zoning
More about this property
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