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Rare opportunity to acquire a freestanding commercial property with excellent visibility along one of San Pedro's primary commercial corridors. Positioned on highly traveled Gaffey Street and zoned LAC2, this versatile property offers immediate income, future flexibility, and long-term upside in the heart of a rapidly evolving market. Situated on a 5,000 square foot lot, the property features a 912 square foot commercial building, detached garage, on-site parking, alley access, and prominent street frontage with significant daily traffic exposure. The building is currently configured with a reception/lobby area, three private offices, conference room, storage room, kitchenette, bathroom, and private balcony, creating a functional layout suitable for a variety of business uses. The property is currently generating $3,285 per month in gross income from two month-to-month occupants. One tenant occupies the building while a separate food truck operator utilizes a portion of the property, providing immediate cash flow while preserving future flexibility for investors or owner-users. The flexible site layout and LAC2 zoning create opportunities for a wide range of potential uses including professional office, medical or wellness services, retail, creative office, nonprofit organizations, counseling services, educational uses, service-based businesses, food-related concepts, and other permitted commercial uses (buyer to verify). Unlike many commercial properties in the area, this offering combines current income with exceptional flexibility, making it attractive to investors, entrepreneurs, and owner-users alike. Conveniently located just minutes from Downtown San Pedro, the Port of Los Angeles, and the highly anticipated West Harbor waterfront development, the property is well positioned to benefit from the area's continued investment, revitalization, and growth. Buyer to independently verify zoning, square footage, income, tenancy arrangements, permitted uses, and all property information.
| DAYS ON MARKET | 95 | LAST UPDATED | 9/17/2026 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | 185 - Plaza |
| COUNTY | Los Angeles | STATUS | Conditional |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jul 7, '26 | $700,000 |
|---|---|
| Jul 7, '26 - Today | $685,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 185 - Plaza |
| HEAT | Central |
| LOT | 5001 sq ft |
| LOT DIMENSIONS | 5000 |
| STORIES | 1 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Strand Hill Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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