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302 W 5th St
San Pedro, CA 90731 Central San Pedro

$7,995,000 USD

Office For Sale  •  32,723 SF

Property Details

  • Property Type Office
  • Total Building Size 33,420 SF
  • Lot Size 0.94 AC
  • Building Class B
  • Year Built 1978
  • Cap Rate 6.49 %
  • Tenancy Multiple
  • Zoning C2
30 Transit Score
60 Walk Score

Highlights

Fully Leased 27 Tenant Office Bldg on .94 AC Lot ($238/GSF I $254/RSF)
Strong Upside - Below Market Rents 1% Vacancy Mrkt
A+ Location in Heart of CBD, Historic Arts, Little Italy, The Waterfront, 110 FWY Access
Future Development Potential
Historically 97-100% Leased (w/ over 98% Tenant Retention)
Over 1.1 Billion Invested in the Area Opportunity Zone

Financial Summary (Actual)

Net Operating Income: $519,651 USD (2026)
Cap Rate: 6.49 %
Total Expenses: $282,562 USD

Amenities

  • Property Manager on Site
  • Restaurant
  • Signage
  • Car Charging Station
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 22 min - 12.8 mi
Los Angeles International 29 min - 20.8 mi
John Wayne/Orange County 45 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 80
Type: Surface
Included in Rent: Yes
Laurie Wixted 310-514-7411 The Wixted Group
Laurie Wixted 310-514-7411 The Wixted Group