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    FOR SALE
    Office buildings

    805 S Gaffey St, Los Angeles, CA 90731

    2,226 SF 0.09 ac lot Built 1959
    Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-7572064
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1959
    Construction WOOD
    Total area 2,226 SF
    Lot 0.09 ac (3,822 SF)
    Zoning code LAC2
    APN 7454-006-025
    UPID US09-7572064
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $545k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $444k
    Blend (final) Blend
    $535k
    Owner & transaction history
    Ryan C Nelson · 3 yrs held
    Ryan C Nelson
    since 2022
    Last sale
    $545,000
    7 recorded transactions
    2025
    2022
    2019
    $545,000
    2015
    1992
    1991
    $98,500
    1990
    $273,000
    Zoning & alternative use
    LAC2 · San Pedro, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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