Homes for sale - 10401 S San Pedro, Los Angeles, CA 90003

OPEN HOUSE

Sun Nov 02, 12:00pm - 5:00pm

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,194 sqft

Price per Sqft $192

MLS Listing ID SR25245267

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1934

Lot Size 3,737 Sqft

Property Sub-Type Mixed Use

Property Description

"Investment Opportunity: Diamond in the Rough"

10401 S. San Pedro Street, Los Angeles, CA 90003

Seize a prime commercial mixed-use investment opportunity in Los Angeles! This unique offering presents two standalone buildings on one parcel, boasting a combined total gross building area (GBA) of 6,194 square feet, not including an additional 1,206 sq. ft. basement ideal for storage.

Currently income-generating, this property is an easy decision for investors looking for an asset with immediate cash flow and significant potential upside.

Property Highlights:
Two Buildings, Four Units: The property features a desirable mix of commercial and residential spaces:

Building One (Front): A two-story structure with a 1,678 sq. ft. first-floor unit and a 1,664 sq. ft. second-floor unit.

Building Two (Rear): A two-story building with a 1,505 sq. ft. first-floor unit and a 1,347 sq. ft. second-floor unit, plus the large 1,206 sq. ft. basement.

Current Unit Mix: The existing configuration includes a 3-bedroom residential unit, a 2-bedroom residential unit, a commercial retail space (currently occupied by Owner/Seller) a custom T-shirt shop offering screen printing and embroidery service), and a dedicated storage unit. All units are currently generating income. (Buyer to verify unit mix.)

Value-Add Potential: The property has deferred maintenance, in one unit presenting the perfect opportunity for the right buyer to implement upgrades, optimize the spaces, and realize the true potential and increased income of this asset. Bring this diamond in the rough back to its past glory!

Existing Income Stream: With all units currently occupied and generating income, this is a truly turn-key purchase with a clear path to value creation and diversified income. This property is an ideal acquisition for an investor seeking a stable, income-producing asset with the capacity for significant value-add appreciation.

SUBMIT SUBJECT TO INSPECTION. Buyer to verify all square footage, unit mix, zoning, and potential repair costs. Don't miss out on this fantastic opportunity to expand your portfolio!

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Rooms

Main Level Bedrooms 5

Interior

Cooling See Remarks

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Curbs,Street Lights,Sidewalks

View Y/N No

View None

Private Pool No

Building

Lot Description 2-5 Units/Acre,Corner Lot

Dwelling Type Mixed Use

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6063018035

Acceptable Financing Conventional,Owner May Carry

Listing Terms Conventional,Owner May Carry

Special Listing Condition Trust