1424 S Gaffey Street

Description

This high vacancy corner lot C2 zoned property presents a prime opportunity for an owner-user with attractive 90% SBA Financing available, or an investor or developer. Located just blocks away from historic downtown San Pedro, and nearby Cabrillo Marina, San Pedro High School, and the work-in-progress waterfront development, this property is well positioned with 124 feet frontage on Gaffey Street with approxmiately 28,000 vehicle per day traffic. San Pedro is home to North America's largest port at the LA Waterfront and boasts unprecedented opportunity for expansion with almost 5000 housing starts in various stages of development in and around San Pedro, and multiple commercial developments ready to break ground in Downtown and on the LA Waterfront. Less than 3 miles to the Palos Verdes Peninsula, 5 miles to Long Beach, and just 20 miles south of downtown Los Angeles, this centrally located single-story retail building provides easy access to and from the remainder of Southern California.

Listing information courtesy of: Julia Chen, PLG Estates . *Based on information from the Association of REALTORS/Multiple Listing as of 10/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.