10
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Listed by Adlai Hayes • Adlai Hayes
$1,925,000
Est. payment /mo
6 Beds
6 Baths
6,194 SqFt
Active
10401 S San Pedro Los Angeles, CA 90003
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Key Details
Property Type Single Family Home
Sub Type Other Residential
Listing Status Active
Purchase Type For Sale
Square Footage 6,194 sqft
Price per Sqft $310
MLS Listing ID CRSR25245267
Bedrooms 6
Full Baths 6
Year Built 1934
Lot Size 3,739 Sqft
Property Sub-Type Other Residential
Source California Regional MLS
Property Description
Highlights: High-Upside Value-Add Opportunity (Loss to Lease Capture) The property offers substantial immediate income growth. With one residential unit currently vacant (allowing for market-rate initial leasing) and the other two residential units confirmed as "severely under-rented" (subject to RSO, built 1934), a stabilization strategy is clearly defined to significantly increase the Net Operating Income (NOI).Strategic Corner Lot & Owner-User Potential The building is perfectly positioned on a highly visible corner lot (104th St. and San Pedro St.). The commercial space, which housed the profitable "The T-shirt Spot" for 25 years, is ideal for a new owner-user to subsidize their mortgage and operating costs with the three streams of residential income, effectively lowering the cost of doing business. Description: Investment Opportunity: Corner Mixed-Use Property at 10401 S. San Pedro Street, L.A. 90003 This is a prime Mixed-Use investment and owner-user opportunity located on a highly visible corner lot in the heart of South Los Angeles. Property Highlights Address: 10401 S. San Pedro Street, Los Angeles, CA 90003 Property Type: Mixed-Use (Retail and Residential) Size: Approximately 6,194 Sq. Ft. total building area. Structure: Consists of two stand-alone, tw
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Cooling Other
Fireplaces Type None
Exterior
Pool None
View None
Building
Water District - Public
Others
Tax ID 6063018035
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