Los Angeles, CA 90003,10007 San Pedro ST
Los Angeles, CA 90003,10007 San Pedro ST
Los Angeles, CA 90003,10007 San Pedro ST
Los Angeles, CA 90003,10007 San Pedro ST
Los Angeles, CA 90003,10007 San Pedro ST
Los Angeles, CA 90003,10007 San Pedro ST
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$770,000

$950,000

18.9%
Est.Price: ?

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Est. payment /mo

10,467 Sqft Lot


SOLD DATE : 01/08/2024

Key Details

Sold Price $770,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-13461

Sold Date 01/08/24

HOA Y/N No

Year Built 1924

Lot Size 10,467 Sqft

Property Description

Kalachian Investment Group is pleased to present this mixed-use property situated on a large corner lot in the heart of Los Angeles and featuring a retail unit alongside five residential units. All five residential units are currently occupied and three of them being rented through the Section 8 program. This presents a stable and reliable source of rental income for the new owner. The property has excellent upside rental potential, as the current rents are below market averages in the area. This provides an opportunity for the new owner to maximize their returns. The property is fully occupied and has a strong rental history, making it an attractive investment opportunity. The retail unit is an +/-810 SF beauty salon that is currently rented on a month-to-month basis. Property also has billboard income coming in due to its location.Built in 1924-1953, the building is +/-4,156 SF has a favorable unit mix of (2) Studios, (2) 3+1 (1) 3+1.5, situated on a +/-10,468 SF of total land. The property has a combined size of +/-4,966 SF building size, It is subject to Rent Stabilization Ordinance​​‌​​​​‌​​‌‌​‌‌​​​‌‌‌​​‌ (RSO)

Location

State CA

County Los Angeles

Zoning [Q]R4-1

Interior

Cooling None

Fireplaces Type None

Fireplace No

Exterior

Parking Features One Space, Uncovered

Garage Spaces 9.0

Garage Description 9.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Roof Type Flat,Shingle

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre, Sprinklers None

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Water See Remarks

Architectural Style See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6063002034

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Private

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Melina Kalachian • Keller Williams Realty • (818) 522-1900
Bought with Melina Kalachian • Keller Williams Realty
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6 Jenner, Unit # 250, Irvine, CA, 92618

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