5869 San Pedro Street, Los Angeles, CA 90003
-
Sold Price :
$4,800,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
2023
Property Description
We are pleased to present an eight (8) unit apartment building located at 5869-5875 S San Pedro Street in Los Angeles, California. The subject property is located in a solid South-Central Los Angeles location, east of S Main Street and south of E Slauson Avenue. Built in 2023, this offering contains an incredible unit mix of four (4) four-bedroom / three-bedroom townhouse style units and four (4) five-bedroom / four-bathroom townhouse style units. The property consists of four (4) duplexes on a large double lot. All units are 3-stories high with their own dedicated covered parking garage. There is potential to convert some of the garage parking into multiple ADU unit(s), Buyer to verify. The property will be delivered vacant with Certificate of Occupancy (CoO), ready to lease up with market rate or Section 8 subsidized rents. The area is completely surrounded with new developments ranging from approved projects to finished products. There are two (2) projects under construction along S Main Street, 5501-5513 S Main Street building 57-units across 5-stories and 6714 S Main Street building 60-units across 4-stories. Situated in a solid South-Central Los Angeles location, this offering presents an excellent opportunity for any investor to acquire a brand new construction asset with all 4- and 5-bedroom units on a large double lot.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Wood |
Listing Information
| Address |
5869 San Pedro Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90003 |
| County |
Los Angeles |
| Listing Agent |
Jason Tuvia DRE #01772495 |
| Courtesy Of |
Marcus & Millichap |
| Close Price |
$4,800,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
14,439 |
| Year Built |
2023 |
Listing information courtesy of: Jason Tuvia, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 3rd, 2024 at 12:56 PM 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.
