Introducing the HARBOR VILLAGE RETAIL & OFFICE CENTER in San Pedro, CA 90732, an outstanding investment opportunity located at 2302 S. Western Ave. in San Pedro, CA. With a total leasable area of 31,834 sq. ft., this one and two story, fully leased property offers a stable and consistent income stream for investors, while providing a terrific Value-Add investment. Currently at 5.92% CAP (includes new taxes). Rents are undervalued by 23%. Increased base rents to market value, plus CAM could bring in a pro-forma CAP of 10.2%. *** Note that tenants pay all taxes. Taxes have recently increased and tenants pay those, in addition to base rent. Non MTM Tenants also pay CAM. Home to 22 local, long standing, well known tenants occupying 42 units. This center enjoys high visibility and wide accessibility, thanks to its frontage and accessibility on both Western Avenue and 25th Street. Western Avenue is the dominant retail corridor and thoroughfare for both the eastern portion of Rancho Palos Verdes as well as the city of San Pedro. Situated near a signalized corner and visible to over 25,300 vehicles daily, it offers a prime positioning for retail success. Individually metered for Gas and Electric. Convenience is key, with major retailers nearby - Starbucks, Rock 'N Juice, Fantastic Sam's, Mobil gas station, Chase Bank, Ace Hardware, and Vons and Smart ‘n Final supermarkets. The center boasts 88 on-site parking spaces, ensuring easy access for customers. With its Walk Score of 69 and proximity to the beach, various shops, restaurants, the Trump National Golf Club, and the upcoming LA Waterfront Promenade, this property is ideally situated for continued success. The Harbor Village Retail & Office Center offers investors the chance to capitalize on the growth potential of the dynamic San Pedro market. Don't miss out on this exceptional opportunity. Price: $8,500,000 | Occupancy: 100% | CAP Rate: 5.9%. Pro-Forma Value Add CAP 10.2% *** Note that tenants pay all taxes. Taxes have recently increased and tenants pay those, in addition to base rent. Non MTM Tenants also pay CAM.