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1079 W 22nd Street

San Pedro, CA 90731
  • $1,189,999
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: SB22168241
UPDATED: 177 min ago
$1,189,999
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1923
County:

School Ratings & Info

Listing Agent(s): John Munn of San Pedro Real Estate Company (310 721-2167)


Description

Gray School of Music. Opportunity includes turn-key music school with high cash flow, along with real estate, including...Rare, mixed use 2,628 square foot property, with profitable music school business, available for live-work, consisting of approximately 1,364sf of commercial business/office/flex space, plus 2 SFR rental 1 bed/1 bath homes. Excellent, Vista del Oro area of San Pedro, up the hill from the flats, yet very accessible from the freeway. Street to alley lot, with 4 gated parking spaces off of the alley. 3 separate water and electric meters. 2 gas meters.The music school/office space is beautifully maintained with recent renovations, and consists of a reception and waiting area, 4 good sized rooms, 3 smaller rooms as well as 2 bathrooms. The 2 rental homes are beautiful 1920's craftsman style homes, which are appealing to tenants and/or owner occupant, and have a shared laundry room with washer and gas dryer. There's a nice landscaped yard in the rear, and assigned parking off the alley.Turn-key music school business with strong cash flow, high profitability, and easy manageability. If you love music, this is your dream opportunity. The music school has been running continuously for the last 70+ years, and has an excellent reputation, as well as renowned music teachers. Business items, musical instruments, appurtenances, and intangible items included with the sale for seamless and immediate realization of profits.In front, there is a large 'loading only' zone, so that there is always room for customers/students to have easy access, as well as ample street parking. Leland Elementary School is right across the street, which is an easy opportunity to target an on-going stream of revenue.The school has a variance to run the school Mon-Saturday.Close to the Gaffey corridor, which leads to the 110 freeway and 47 freeway connecting to Long Beach. Close to the port of LA/Long Beach, and the new multi-million dollar Ports O' Call Redevelopment Project. The whole world has finally found out that San Pedro is the last southern California beach city that remains affordable. Get in now, before that changes, and ride the wave of real estate appreciation, plus built in business revenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-17T00:30:01.15. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.
www.encinashomes.com/homes/131613652
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1079 W 22nd Street San Pedro, CA 90731

  • Price: $1,189,999
  • Status: Active
  • On Site: 12 Days
  • Updated: 177 min ago
  • ID#: SB22168241
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1923
Built
Neighborhood:
183 - Vista Del Oro
County:
Los Angeles
Area:
183 - Vista Del Oro
Property Description
Gray School of Music. Opportunity includes turn-key music school with high cash flow, along with real estate, including...Rare, mixed use 2,628 square foot property, with profitable music school business, available for live-work, consisting of approximately 1,364sf of commercial business/office/flex space, plus 2 SFR rental 1 bed/1 bath homes. Excellent, Vista del Oro area of San Pedro, up the hill from the flats, yet very accessible from the freeway. Street to alley lot, with 4 gated parking spaces off of the alley. 3 separate water and electric meters. 2 gas meters.The music school/office space is beautifully maintained with recent renovations, and consists of a reception and waiting area, 4 good sized rooms, 3 smaller rooms as well as 2 bathrooms. The 2 rental homes are beautiful 1920's craftsman style homes, which are appealing to tenants and/or owner occupant, and have a shared laundry room with washer and gas dryer. There's a nice landscaped yard in the rear, and assigned parking off the alley.Turn-key music school business with strong cash flow, high profitability, and easy manageability. If you love music, this is your dream opportunity. The music school has been running continuously for the last 70+ years, and has an excellent reputation, as well as renowned music teachers. Business items, musical instruments, appurtenances, and intangible items included with the sale for seamless and immediate realization of profits.In front, there is a large 'loading only' zone, so that there is always room for customers/students to have easy access, as well as ample street parking. Leland Elementary School is right across the street, which is an easy opportunity to target an on-going stream of revenue.The school has a variance to run the school Mon-Saturday.Close to the Gaffey corridor, which leads to the 110 freeway and 47 freeway connecting to Long Beach. Close to the port of LA/Long Beach, and the new multi-million dollar Ports O' Call Redevelopment Project. The whole world has finally found out that San Pedro is the last southern California beach city that remains affordable. Get in now, before that changes, and ride the wave of real estate appreciation, plus built in business revenue.
Exterior Features

Other Structures Living Quarters Parking Total 4 Sign On Property YN No

Property Features

Additional Parcels YN No Building Name Gray School Of Music Business Name Gray School Of Music Business Type Music Exclusions See Separate List Available. Inclusions Most Musical instrumentsnamebusiness itemsgoodwillcustomer ListServices Of Existing instructorswebsite. Leasable Area 2628 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-17T00:30:01.15. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Veronica Encinas Team | Coldwell Banker Realty
840 Newport Center Drive, Ste. 100
Newport CA, 92660
Listing Agent(s): John Munn of San Pedro Real Estate Company (310 721-2167)