690 W 18th Street
San Pedro, CA, 90731 $ 685,000
Bedrooms-- Baths-- Sq 912 Monthly Estimate*
$ 4,325
Listed by Strand Hill Properties
for $685,000. This 912 square foot building was built in 1920 on a lot size of 0.1148.
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.
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FeaturesGeneralHeating Central
Cooling Central Air
Year Built 1920
Property Subtype Business
County Los Angeles
Net Operating Income 31226
Operating Expense 8194
Insurance Expense 2000
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions South on Gaffey Street --> Destination is on the Left (east) on the Corner of Gaffey St and 18th St
City San Pedro
Number Of Units Total 2
MLS Area 185 - Plaza
Lot Size Units Square Feet
Lot Size Square Feet 5000
Number of Units Leased 1
Land Lease Y/N false
Electric Expense 0
Current Financing None
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Business
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InteriorTotal Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
Entry Level 1
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ExteriorLot Features 0-1 Unit/Acre
Water Source Public
Lot Size Area 5000
Number of Buildings 1
Building Area Total 912
Lot Size Acres 0.1148
Lot Size Source Assessor
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* Excluded FeaturesList ByStrand Hill PropertiesBroker
jakesullivanhomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,325
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in San Pedro, CA
Average List Price $1,125,100
Percent of Sale Price 64%
About San Pedro, CA 81,366 Population
0% Since 2002
$ 0 Median Income
0 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/7/2026 | $685,000 | -2.14% | Price Down |
| 6/17/2026 | $700,000 | | Listed Price |