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1008 Pacific Ave Los Angeles, CA 90731

  • Office Properties & Spaces
  • 11,360 SF
Value Estimations
Cap Rate Potential
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Current Use by Public Records

  • Office Properties & Spaces

Property Details for 1008 Pacific Ave

Year built
1913
Property size
11,360 SF
Property type
Office Properties & Spaces
Property subtype
Office space

Description

This charming, two-story, 11,360 square foot building, constructed in 1913 and renovated in 2008, offers multiple tenancy options in the heart of San Pedro's Arts and Cultural District. The building features attractive brick walls and hardwood floors, creating a unique and inviting atmosphere. Individual suites range from 150 to 226 square feet, perfect for small businesses and entrepreneurs. Amenities include 24-hour access, a community conference room with skylights, and central air conditioning. The building boasts a corner lot location, providing excellent visibility. A security system is in place for added peace of mind. Conveniently located near major banks and public transportation, this property benefits from its proximity to the upcoming West Harbor Waterfront Development, which promises significant economic growth. The building's C2 zoning allows for a variety of commercial uses. Its central location offers easy access to the 110 and 47 freeways, providing convenient access to the rest of Southern California, including Long Beach, the Palos Verdes Peninsula, and downtown Los Angeles. The building is part of a thriving creative community, with a diverse tenant mix including professional offices, and other entrepreneurial ventures. This is an exceptional opportunity to establish a presence in a rapidly developing area with strong growth potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.288
Latitude
33.735
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