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$ 1,925,000
Est. payment /mo
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. Â 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). Â 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

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Listed by Adlai Hayes • Adlai Hayes



