Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    800 Gaffey St San Pedro, CA 90731-3613

    • Investment properties
    • 6,865 SF
    • 0.18 lot acres
    OFF-MARKET
    Last Sale
    May 09, 2022
    $2,219,022
    Value Estimations
    $2,090,000
    Show details
    Cap Rate Potential
    6.7%
    Investment properties
    Location Intelligence
    Property ID
    US09-7172049
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 800 Gaffey St

    Year built
    1979
    Construction
    TILT-UP CONCRETE
    Lot size
    0.18 lot acres
    Property size
    6,865 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    7454-005-030
    APU
    7454005030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,090,000
      ML approach
      $2,325,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,315,000
      6.5%
      $2,140,000
      7%
      $1,985,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,478,000
      Market price range: $1.20M - $2.48M
      AI Estimate
      $1,578,000
      Market price range: $387k - $1.74M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Pedro
    County
    Los Angeles
    State
    California
    Longitude
    -118.292
    Latitude
    33.7367
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $23,627
    $1,248,480
    $624,240
    $1,872,720
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $765,000
      2,196 SF

      800 9th St

      STORE/OFFICE (MIXED USE) • 2,196 SF
      800 9th St, San Pedro, CA 90731-3604
      View Details
    • Value Estimation
      $260,000
      3,000 SF

      922 Pacific Ave

      STORE/OFFICE (MIXED USE) • 3,000 SF
      922 Pacific Ave, San Pedro, CA 90731-3202
      View Details
    • Value Estimation
      $335,000
      11,360 SF

      1002 Pacific Ave

      STORE/OFFICE (MIXED USE) • 11,360 SF
      1002 Pacific Ave, San Pedro, CA 90731-4102
      View Details
    • Value Estimation
      $245,000
      9,290 SF

      399 6th St

      STORE/OFFICE (MIXED USE) • 9,290 SF
      399 6th St, San Pedro, CA 90731-3317
      View Details
    • Value Estimation
      $1,840,000
      7,047 SF

      611 9th St

      STORE/OFFICE (MIXED USE) • 7,047 SF
      611 9th St, San Pedro, CA 90731-3107
      View Details
    • Value Estimation
      $300,000
      2,736 SF

      638 9th St

      STORE/OFFICE (MIXED USE) • 2,736 SF
      638 9th St, San Pedro, CA 90731-3108
      View Details

    Similar Nearby for Sale

    • $1,619,000
      3,675 SF

      San Pedro Fourplex Investment Opportunity

      Four-unit property in desirable Point Fermin neighborhood, San Pedro.
      545 W 36Th St, San Pedro, CA 90731
      View Details
    • $1,650,000
      4,232 SF

      San Pedro Mixed-Use Building

      Four-unit mixed-use building with renovated commercial spaces in San Pedro.
      660 W 7Th St, San Pedro, CA 90731
      View Details
    • $599,000
      17,458.00 Acres

      San Pedro Vacant Land Opportunity

      Large vacant lot in desirable Vista del Oro neighborhood.
      1100 S Patton Ave, San Pedro, CA 90731
      View Details
    • $1,075,000
      2,760 SF

      San Pedro Fourplex with Vacancy

      Four-unit property in Vista Del Oro neighborhood.
      1025 W 12Th St, San Pedro, CA 90731
      View Details
    • $1,089,999

      San Pedro Specialty Property

      Specialty property for sale in San Pedro, California.
      230 W 15Th St, San Pedro, CA 90731
      View Details
    • $798,000

      San Pedro Multifamily Residential Property

      Two detached units near downtown and waterfront project.
      362 W 11Th St, San Pedro, CA 90731
      View Details

    Similar Nearby for Lease

    • $2,695 /Mo
      1,074 SF

      New Live/Work Studio in Arts District

      Spacious live/work studio in San Pedro's Arts and Cultural District.
      1901 S Pacific Ave, San Pedro, CA 90731
      View Details
    • $3,250 /Mo

      Ocean View Three-Bedroom Apartment

      Three-bedroom apartment with ocean views and gated parking.
      1279 W 24Th St, San Pedro, CA 90731
      View Details
    • $15,300 /Mo

      San Pedro Retail/Office Space

      Retail or office space available for lease in San Pedro.
      624 S Pacific Ave, San Pedro, CA 90731
      View Details
    • $2,695 /Mo

      Spacious Remodeled Apartment with Balcony

      Bright, remodeled 2-bedroom apartment with balcony and garage parking.
      939 S Cabrillo Ave, San Pedro, CA 90731
      View Details
    • $2,727 /Mo

      Updated Commercial Space in San Pedro

      Updated commercial space with high visibility and easy freeway access.
      245 N Gaffey St, San Pedro, CA 90731
      View Details
    • $575 /Mo
      6,500 SF

      San Pedro Office Space Available

      Comfortable office space in the heart of San Pedro, CA.
      555 W 9Th St, San Pedro, CA 90731
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    800 Gaffey St
    San Pedro, CA 90731-3613
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.