1008 S Pacific Ave, Los Angeles, CA 90731

This property offers an opportunity to lease space in a brick-walled building with hardwood floors, situated in the San Pedro Arts and Cultural District. The building has been a creative hub for small businesses and entrepreneurs. It provides 24-hour controlled access, a community conference room with skylights, and regional air conditioning. The tenant mix includes professional offices, tattoo services, e-commerce, and real estate businesses. The property is located above a boutique household retailer. Two major banks are located across the street. The area is expected to benefit from the upcoming West Harbor Waterfront Development at the Port of Los Angeles, which will feature a waterfront promenade, a pop-up park, a dog park, overwater dining, a beer garden, waterside attractions, and an amphitheater. The San Pedro Arts and Cultural District was designated by the state of California in 2017. The district includes the waterfront, the historic downtown core, the Cabrillo Marine Aquarium, and the Angels Gate Cultural Center. There are almost 5000 housing starts in various stages of development in and around San Pedro, and multiple commercial developments are ready to break ground downtown and on the LA Waterfront. The property is located less than 3 miles to the Palos Verdes Peninsula, 5 miles to Long Beach, and 20 miles south of downtown Los Angeles, with access to the 110 and 47 freeways.