10007 San Pedro Street, Los Angeles, CA 90003
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Sold Price :
$770,000
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Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1924
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)
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
10007 San Pedro Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90003 |
| County |
Los Angeles |
| Listing Agent |
Melina Kalachian DRE #01877904 |
| Co-Listing Agent |
Vince Kalachian DRE #01172350 |
| Courtesy Of |
Keller Williams Realty |
| Close Price |
$770,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Commercial/Residential |
| Structure Size |
N/A |
| Lot Size |
10,468 |
| Year Built |
1924 |
Listing information courtesy of: Melina Kalachian, Vince Kalachian, Keller Williams Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 9th, 2024 at 11:55 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
