1209 Pacific AveLos Angeles, CA 90731

Property Details for 1209 Pacific Ave

Year built

1920

Lot size

0.21 AC

Property size (Sq ft)

7,950 SF

Property type

Mixed-use properties

Property subtype

Other retail properties

Description

This exceptional 7,950-square-foot mixed-use property, located at 1209 S Pacific Avenue in San Pedro, CA, presents a unique investment opportunity. Currently vacant, this single-story, Class C building sits on a 0.21-acre lot and offers significant potential for owner-users or investors seeking lease-up potential. Built in 1920, the property features two buildings with a combined 7,950 square feet of net rentable space, boasting a 14-16 foot clear height, three-phase power, and a single ground-level door. Its prime location on a hard corner provides 180 feet of frontage on the heavily trafficked S Pacific Avenue in the Los Angeles County, offering exceptional visibility and accessibility. The property is zoned LAC2 and is ideal for a variety of uses, including a bar, restaurant, or storefront. The area is experiencing significant growth, with 750 new residential units under construction within a three-block radius and $1.1 billion in completed investments in 2023. This location benefits from proximity to Downtown Los Angeles and easy access to the I-110 freeway. The property's size, location, and potential make it an attractive investment in a thriving market. The fee-simple ownership provides complete control and flexibility for the new owner. This is a rare opportunity to acquire a substantial retail space in a rapidly developing area of Los Angeles. The property's vacant status allows for immediate customization and tenant selection, maximizing return on investment. The strong local economy, driven by the Ports of Los Angeles and Long Beach, and the growing residential population, ensures a robust market for this prime retail space.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.7331

Longitude

-118.288

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