Freestanding Corner
800 9th San Pedro, CA 90731
For Sale
$950,000
Freestanding corner commercial building with prominent signage, high ceilings, and exposed concrete flooring.
Property Size2,196 SF
Price / SF$432.60
Days on Market113
Property Features for 800 9th
General Information
- Standard status
- Active
- Size
- 2,196 SF
- Property subtype
- Office
Building Details
- Year Built
- 1926
Listing Agency:
Re/Max Commercial & Investment
(310) 802-2500
Listed By:
Stephen Lampe · License #01164364
Source:
Xome
Added: Apr 2
Changed: Jul 23
Last Checked: Jul 23 at 10:10AM
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 Re/Max Commercial & Investment
Investment Insights
Based on property information with market context.
This freestanding commercial building is set on a prominent corner lot at a signalized intersection and features huge corner signage along with two entrances. The interior includes high ceilings with decorative tile and exposed concrete flooring that is painted and could be polished. The layout includes an open-space configuration that may support conversion into separate spaces, subject to buyer planning.
The property is supported by four parking spaces on the parcel, accessible from an open alleyway. C2 zoning allows for a wide range of uses, and the San Pedro Overlay Zone is noted for minimizing parking requirements.
While well suited for office use, the building is also described as appropriate for retail, with the possibility that some medical office uses may be achievable depending on approvals.
The property is supported by four parking spaces on the parcel, accessible from an open alleyway. C2 zoning allows for a wide range of uses, and the San Pedro Overlay Zone is noted for minimizing parking requirements.
While well suited for office use, the building is also described as appropriate for retail, with the possibility that some medical office uses may be achievable depending on approvals.
Key Highlights
- Free‑standing commercial building on a prominent corner lot at the signalized intersection of Cabrillo and 9th St.
- Huge corner signage and 2 entrances, with open space that could be converted into multiple spaces (subject to).
- C2 zoning with San Pedro Overlay Zone, which minimizes parking requirements.
Financial Insights For Office B
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 | $85.4k | $38.88 |
| − Vacancy | −$15.9k | −$7.23 |
| EGI | $69.5k | $31.65 |
| − OpEx | −$17.4k | −$7.91 |
| NOI | $52.1k | $23.74 |
2,196 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$744.6K
$651.6K – $868.8K
NOI $52,125 @ 7.0% cap · market cap 5.49%
Second Best
Retail
$728.0K
$637.0K – $849.4K
NOI $50,963 @ 7.0% cap · market cap 5.36%
Theoretical Best
Multifamily LT 5
$44.49M
$38.93M – $51.90M
NOI $3,114,275 @ 7.0% cap · market cap 327.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Freestanding corner commercial building with prominent signage, high ceilings, and exposed concrete flooring.
Where is this office building located?
The property is located at 800 9th San Pedro, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Free‑standing commercial building on a prominent corner lot at the signalized intersection of Cabrillo and 9th St.; Huge corner signage and 2 entrances, with open space that could be converted into multiple spaces (subject to).; C2 zoning with San Pedro Overlay Zone, which minimizes parking requirements.
