805 S Gaffey St, Los Angeles, CA 90731
For Sale
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This exceptional investment opportunity presents a beautifully remodeled, single-story office building situated on a high-traffic commercial corridor in San Pedro, California. The 2,226 square foot property, built in 1959 and renovated in 2019, is comprised of three units within a single building on a 3,822 square foot lot. The asking price is $995,000, translating to $446.99 per square foot. The property boasts an extremely high visibility location on Gaffey Street, benefiting from an average daily traffic count exceeding 35,000 (2023 data). Its prime location is further enhanced by its proximity to major freeways and the new West Harbor waterfront development, surrounded by high-traffic tenants such as 7-Eleven, Starbucks (Drive-Thru), CVS, and the Sandwich Saloon. The units offer a mix of configurations, including large reception areas, private offices, ample natural light, storage rooms, and remodeled restrooms. Units share access to a central courtyard. Zoned LAC2, this property is ideal for office, professional, retail, or a combination thereof, making it an attractive option for both commercial investors and owner-users seeking a turnkey operation in a thriving San Pedro location. Rear parking access is available. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · San Pedro, CASan Pedro. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.