San Pedro - Beach Property For Sale #4449846

Prime Mixed-Use Investment Opportunity on San Pedro's Main Street. Welcome to 400 S Gaffey St - A Fully Renovated 7-Unit Commercial and Residential Gem in the Heart of San Pedro!
Strategically positioned on San Pedro's Main Street, this property boasts a high-traffic, prime location surrounded by major brands such as Starbucks, McDonald's, KFC, 7 Eleven, T-Mobile. Rite Aid, Del Taco, Variety Stores, Markets,Restaurants.
This property has undergone a top-to-bottom renovation, featuring a new roof, flooring, re-stucco, windows, and plumbing. Enjoy the benefits of a fully modernized space.
With 5 dynamic storefronts and 2 residential units, this property offers a diverse income stream for investors. All units are currently occupied, generating consistent cash flow.
New tenants are in place, and all rents are current, with most occupants on lease.
All units have been upgraded with new electrical panels, ensuring modern safety standards and reduced maintenance concerns.
Downstairs features a mix of businesses including a tattoo shop, Mobile services, waxing salon, hair salon. Upstairs, two remodeled residential units two bedroom one bath offer a comfortable live-work lifestyle.
With a walk score of 87, residents have easy access to daily amenities, making it an attractive location for both tenants and businesses.
Direct access to the Harbor Freeway (1-110) ensures easy commuting for residents and convenient accessibility for customers. Additionally, the nearby Vincent Thomas Bridge connects the area to Terminal Island.
Positioned right behind the building is a new residential development, adding value and potential growth to the area.
Built in 1944, this 7-unit property sits on a .07-acre lot and is 100% occupied, presenting a proven income-producing asset in one of the most accessible locations in San Pedro.
Don't miss the chance to own a piece of this thriving community. Seize this incredible opportunity to enhance your investment portfolio in San Pedro's bustling real estate market!