Active

1118 W 37th Street

San Pedro CA, 90731

$1,775,000


$724.49 per sqft

Active

2,450 sqft

Commercial

Built in 1947

Listed by Peter Hazdovac with HH Coastal Real Estate 310-850-9951

A true hidden gem comes to light! The one and only "Corner Store" in San Pedro is for sale and ready for the next generation of ownership. Originally established in 1947, this business/property is a true historical institution in the South Bay. Beautifully arched wooden beam ceilings and "old town" ambiance makes anyone feel right at home. The building, business, and equipment are all included and ready for new ownership to take it to the next level. With the West Harbor waterfront development rapidly progressing in the Port of Los Angeles, the upside for business potential in San Pedro is on the rise! Fully equipped with an extensive refrigeration system, private back office, upgraded kitchen equipment, storage area, and restroom. Newly installed pavers and patio area offer huge potential for outdoor dining. Re-imagine the limitless opportunities for the rear of the property, which may serve as additional outdoor dining, parking, or possible housing to generate additional income. With this being one of the only coastal commercial properties in the exclusive Palisades area, a strong residential base will enhance the potential business that enjoys the beautiful ocean views of Paseo Del Mar (just one block away).

PV24000954

MLS ID

January 3, 2024

Listed

May 9, 2024

Updated

Map

1118 W 37th Street
San Pedro CA, 90731

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

0-1 Unit/Acre, Near Park, Rectangular Lot, Street Level


Roof

Flat

Other Property Details

Area Name

180 - Palisades


Days on Market

45


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No


Waterfront

Yes


Zoning

LAC1


Buyer Agency Compensation

2.5%

Listing Contact: 310-850-9951 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:11 PM UTC

 

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