7651 San Pedro St, Los Angeles, CA 90003 For Sale

The subject property's Highest and Best Use, As Improved, is the value of the land (Appraised a couple years ago at $1,000,000.) given that the subject's land value is mixed-use or multi-family land.

This property is located adjacent to the high school. The property is developed as a 878 sq ft restaurant with 10 parking spaces but the best use of the property would be to tear down the building and build an Apartment Complex.

The 110 is just 2 blocks away and Union Station and LAX are both less than 10 miles away.

Other possible uses may include: Multi-family, Amusement enterprises (including a billiard or pool hall use, games of skill and science, penny arcades, shooting gallery,) vehicle maintenance activities, medical or dental clinics and laboratories.

Directions Head north on I-110 N; Take exit 18A for Gage Ave; merge onto S Grand Ave; Turn right onto W Gage Ave; Turn right onto San Pedro St Pass by 7-Eleven (on the left in 0.5 mi) Destination will be on the right.