Los Angeles, CA 90003,10401 S San Pedro
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Los Angeles, CA 90003,10401 S San Pedro
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$ 1,925,000
Est. payment /mo
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Active

10401 S San Pedro Los Angeles, CA 90003

6 Beds

6 Baths

6,194 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 6,194 sqft

Price per Sqft $310

MLS Listing ID CRSR25245267

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 1934

Lot Size 3,739 Sqft

Acres 0.0858

Property Sub-Type Single Family Residence

Property Description

"Investment Opportunity: Diamond in the Rough" HIGH-UPSIDE MIXED-USE | LARD2 Value-Add Investment | Owner-User Opportunity 10401 S. San Pedro Street, Los Angeles, CA 90003 | LIST PRICE: $1,925,000 Zoning: LARD2 (Up to 4 Units) Total Functional Square Footage: 7,460 SF Investment and Owner-User Opportunity This aggressively priced corner lot mixed-use asset (Built 1934 ) includes one commercial/retail building and three residential units, offering an immediate path to superior returns. The listing price of $1,925,000 is positioned substantially below the calculated $2.38M Stabilized Market Value, guaranteeing immediate equity for the sophisticated buyer.   Maximum Functional Space: Total usable area is 7,460 SF, comprising the 6,194 SF GBA (per Assessor records) plus a critical 1,206 SF finished basement. This space enhances the utility for the existing or similar commercial/light-industrial operation (e.g., The T-Shirt Spot).   Immediate Value-Add (RSO): The property is subject to RSO (built 1934 ), but offers significant upside: 1 vacant residential unit allows the new owner to set the initial rent at full market rate. The two occupied units are severely under-rented, creating a massive, quantifiable Loss to Lease that converts to future income upon tenant turnover. Target Buy

Location

State CA

County Los Angeles

Interior

Cooling See Remarks

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Pool None

View Y/N false

View None

Private Pool false

Building

Lot Description Corner Lot, Street Light(s)

Story 2

Level or Stories Two Story

New Construction No

Schools

School District Los Angeles Unified

Others

Tax ID 6063018035


Bridge MLS
Listed by Adlai Hayes • Adlai Hayes
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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10401 S San Pedro