$1,650,000
 $8,858 est/mo Sourced by Back At You

6701 S San Pedro Street,Los Angeles, CA 90003

Los Angeles, CA 90003

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Description

6701 S San Pedro is an eight-unit apartment complex located in South Los Angeles, near Gage and east of the110 freeway. The building has an excellent unit mix of (2) 4 bedroom - 2 bath units, (2) 4 bedroom -1.5 bath units, (3) 3bedroom 1.5 bath units and 1-3 bedroom 1 bath unit. The complex is huge, boasting 10,670 square feet for an average of over 1,300 square feet per unit. The structure is situated on a corner lot and contains 7,040 square feet. Tenants will appreciate the large parking area behind the apartments. The building is in good condition, shows well and stands out in the area. Currently, the property is producing $13,845 per month. However, because the rents are substantially below market, this property has a market GRM of 6.03 and a market CAP of 12.67%. This is outstanding opportunity for an investor that understands how to utilize strategies to get the rents to market and enjoy double digit returns

Details

MLS #26999373
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1929
Days On Site18
Listing Provided ByMcAlpin & Company | Jerome McAlpin

Features

Bed(s)16
Bath(s)8
SQ Feet10,670
Story(s)2
Units8
Building(s)1
ZoningLAR3
Acreage0.16

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Parking

Parking FeaturesUncovered

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90003
AreaC42 Downtown L.A.
Listing VS Median (in 90003)
Price:
$1,650,000
low | high
Med:
$694,660
100% of Average
sqft:
10,670
low | high
Med:
1,245
100% of Average
$ / sqft:
$155
low | high
Med:
$565
100% of Average
On site:
18
low | high
Med:
37
48.648648648649% of Average
Sourced by Back At You

Market Activity 90003

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Contact

Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90003
AreaC42 Downtown L.A.
Listing VS Median (in 90003)
Price:
$1,650,000
low | high
Med:
$694,660
100% of Average
sqft:
10,670
low | high
Med:
1,245
100% of Average
$ / sqft:
$155
low | high
Med:
$565
100% of Average
On site:
18
low | high
Med:
37
48.648648648649% of Average
Sourced by Back At You
Listing Updated: October 10, 2026 at 10:48:27 AM PDT

Benjamin Leaskou - Desert Lifestyle Properties