6701 S San Pedro Street, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

6701 S San Pedro Street

Los Angeles, CA 90003
16 Beds
8 Baths
10,670 Sq Ft
Built 1929
$1,650,000

Property Overview

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

Home Details

Property type
Residential Income
Year built
1929
Living area
10,670 sq ft
Lot size
7,040 sq ft
Stories
2
Days on market
1
MLS status
Active
Zoning
LAR3

Features & Amenities

Parking

  • Uncovered

Community, Schools & Utilities

Utilities

Heating
WallFurnace
Cooling
None
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Location & Neighborhood

6701 S San Pedro Street

Los Angeles, CA 90003

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Frequently Asked Questions About 6701 S San Pedro Street

Property type: Residential Income

The current asking price is $1,650,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 6701 S San Pedro Street. Our team will confirm availability and timing.
This 16 bedrooms and 8 bathrooms property offers approximately 10,670 square feet of living space. It was built in 1929. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Jerome McAlpin
MLS ID: CLW-X06070

Available property

$1,650,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.