Compare Listings

8129 S San Pedro St, Los Angeles, CA 90003

8129 S San Pedro St, Los Angeles, CA 90003
$465,000

Description

Motivated seller so bring all offers for this versatile 2,100sf space at 8129 San Pedro Street… The possibilities are endless & this investment offers great value at only $226/SF. High visibility corner location with a ton of car & pedestrian traffic. Configured as one large suite presently, but the space can easily be demised & used as 2-3 different suites for a variety of uses/businesses with three separate addresses/entrances (8129; 8131 & 8133 San Pedro). Features 3 bathrooms; a large commercial kitchen & 12 ft high ceilings provide a lot of openness. Perfect property for tons of different businesses, especially restaurant/take-out only/ghost kitchen uses… This is a “food desert” in desperate need of new restaurant options with a dense residential population with very few non-fast food dining options locally + great revenue possibilities. Possible uses: artist studio/gallery, creative office space for startup businesses, churches; pastry/soup/prep kitchen; transitional housing, childcare, community center… Zoned R3 so approved for all live/work uses + some commercial uses with the previous C2 zoning are also grandfathered in (Buyer to verify their specific use with LADBS). The property also features two gated off-street parking spaces in the rear + public transportation directly in front of the building in a very walkable neighborhood with quick freeway access to 110.

Highlights:

• Large, open 2,100 SF mixed-use space with 12ft high ceiling and a fantastic corner location.

• One level with 3 entrances (each with own address/bath) and a large commercial kitchen. Separate layout areas for living/common areas and/or workspace.

• Currently zoned R3, has some C2 commercial uses grandfathered in.

• Great for: an artist live/workspace, nonprofit community outreach center, private business, or transitional housing/shelter/soup kitchen

Property Downloads

  • City: Los Angeles
  • State/county: CA
  • Country: United States

Detail

Updated on October 22, 2020 at 9:23 am

  • Price: $465,000
  • List Date: 9/3/2020
  • Property Size: 2100 Sq Ft
  • Land Area: 2559 Sq Ft
  • Year Built: 1924
  • Property Type: Retail
  • Property Status: Active

Contact info

Matt Dunfrund
Matt Dunfrund
(424) 330-2015(310) 367-9666
Linkedin

Inquire about this property

Agent Properties