132 Pacific

San Pedro CA 90731

$1,495,000

Status: Active


Property Details

Description

***GREAT INVESTMENT OPPURTUNITY*** Discover a rare, high-yield opportunity in the heart of San Pedro: a two-story, mixed-use building offering turnkey income and tremendous upside from the nearby $150M waterfront transformation and West Harbor development just minutes from the popular San Pedro Fish Market. The ground floor is home to the beloved, full-service restaurant "The Gem of San Pedro,” a corner mini-market “Esquina de Oro,” and a popular nutrition store. Upstairs are four residential units, two occupied by long-term tenants and two fully remodeled 1-bed/1-bath units left vacant and move-in ready or rentable at new owners desired rate, giving the new owner full flexibility to live in one unit, rent them all, or reposition for greater returns. Ideally located just minutes from beaches, dining, shopping, and the upcoming 42-acre waterfront promenade and open air amphitheater, this property combines immediate cash flow with powerful future appreciation — don’t miss your chance to own a piece of San Pedro!

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