Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

302 W 5th St 33,420 SF 100% Leased Office Building San Pedro, CA 90731 $12,300,932 CAD ($368.07 CAD/SF) 5.24% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Fully Leased 27 Tenant Office Bldg on .94 AC Lot
  • A+ Location in Heart of CBD, Historic Arts, Little Italy, The Waterfront; PortLA HDQTRS Adjacent
  • Historically 97-100% Leased (w/ over 97% Tenant Retention)
  • Strong Upside Potential - Below Market Rents 1% Vacancy Mrkt
  • Immediate Access to Transportation Corridors & 110 FWY
  • Over 1.1 Billion Invested in the Area

Executive Summary

First time available in 27 years, this meticulously maintained and Best in Class property comes to market. Due to influx of apartment development in the downtown, and planned residential conversion of only Class A highrise, finding quality professional office space is challenging for tenants. Below market rents provide strong upside over next 2yrs, with achievable market rent ranging $2.25-2.35. 2026/Yr 1 estimated 471K NOI includes standard vacancy and a mgt fee, even though fully leased (and currently self-mananged), therefore there is probable expectation of higher NOI.
Major longterm tenants include: Berg & Assoc., County of LA/ Supervisor Hahn, Ephiphany, Crowley, Pierry McAdams and numerous other law /professional firms; Think Cafe.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
33,420 SF
Building Class
B
Year Built/Renovated
1978/1999
Price
$12,300,932 CAD
Price Per SF
$368.07 CAD
Cap Rate
5.24%
NOI
$644,246 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,140 SF
Slab To Slab
11’
Building FAR
0.82
Lot Size
0.94 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use
Parking
80 Spaces (2.39 Spaces per 1,000 SF Leased)

Amenities

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

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Construction
  • -
  • -
  • -
  • -

Chez BergCM, nous comprenons à quel point la coordination des services et la communication en temps opportun peuvent influer sur un calendrier de projet, et comment une inspection ponctuelle, perspicace et proactive peut avoir une incidence sur la qualité du produit final. Le personnel technique exceptionnel de BergCM est formé de joueurs d'équipe qui interagissent efficacement avec les agences de transport, les Caltrans, les services publics, les villes, les comtés et d'autres experts-conseils. Les références confirmeront notre engagement à fournir un jugement technique fiable sur des projets complexes à haute visibilité, notre excellent bilan en matière de réalisation de projets dans les délais prévus dans le budget, notre dévouement diligent au travail, notre bilan impeccable en matière de sécurité sans pertes ni accidents, et nos relations professionnelles de longue date.

  • Bertha Ramos, LCSW
  • -
  • -
  • $33.64 CAD
  • Full Service
  • Dec 2027
  • Cgu Capital Group, LLC, A California Limited Liabi
  • Finance and Insurance
  • -
  • -
  • -
  • -
  • Crowley
  • -
  • -
  • $34.46 CAD
  • Full Service
  • Oct 2027
  • Health Care and Social Assistance
  • -
  • -
  • Full Service
  • -

Epiphany Counseling, Consulting & Treatment Services, PC a été développé pour offrir une psychothérapie de qualité aux individus, aux couples, aux familles et aux groupes.

  • Guedea Chiropractic Inc.
  • -
  • -
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

Les avocats de Pierry & McAdams viennent en aide aux travailleurs blessés et à leurs familles depuis plus de trente ans. Nous avons obtenu des règlements de plusieurs millions de dollars ou des verdicts de procès pour de nombreux travailleurs blessés et leurs familles.

  • Rodney C. Pranin, Attorney at Law
  • -
  • -
  • -
  • -
  • -
  • Steven’s Plumbing, Heating, Air Conditioning
  • -
  • -
  • -
  • Modified Gross
  • -
  • Accommodation and Food Services
  • -
  • -
  • -
  • Mar 2004

Think Café est un merveilleux petit restaurant à San Pedro. Nous sommes fiers du service et de la nourriture merveilleuse.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Construction - - - -
Bertha Ramos, LCSW - - $33.64 CAD Full Service Dec 2027
Cgu Capital Group, LLC, A California Limited Liabi Finance and Insurance - - - -
Crowley - - $34.46 CAD Full Service Oct 2027
Health Care and Social Assistance - - Full Service -
Guedea Chiropractic Inc. - - - - -
Professional, Scientific, and Technical Services - - - -
Rodney C. Pranin, Attorney at Law - - - - -
Steven’s Plumbing, Heating, Air Conditioning - - - Modified Gross -
Accommodation and Food Services - - - Mar 2004
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
7455-014-033
Land Assessment
$1,286,333 CAD
Improvements Assessment
$4,234,226 CAD
Total Assessment
$5,520,559 CAD
  • Listing ID: 39667081

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 302 W 5th St, San Pedro, CA 90731

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}