CA > Los Angeles
Los Angeles, CA 90011,2906 S San Pedro St
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Los Angeles, CA 90011,2906 S San Pedro St
Los Angeles, CA 90011,2906 S San Pedro St
Los Angeles, CA 90011,2906 S San Pedro St
Los Angeles, CA 90011,2906 S San Pedro St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 1,995,000
Est. payment /mo
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2906 S San Pedro St Los Angeles, CA 90011

2 Beds

11 Baths

7,216 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,216 sqft

Price per Sqft $276

MLS Listing ID 25520821

Bedrooms 2

Year Built 1915

Lot Size 4,747 Sqft

Acres 0.109

Property Sub-Type Multi-Family

Property Description

Discover an incredible investment opportunity with this 11-unit mixed-use cash cow with tremendous upside, ideally located in vibrant Los Angeles, just a stone's throw from Downtown! Nestled on lively San Pedro Street, this property boasts fantastic visibility for its retail shops anchored by a supermarket. The second floor features 7 residential units, offering strong room for growth. Currently operating at a solid 6.19% cap rate and an 11.06 GRM, there's exciting potential to achieve a remarkable 11.25% cap rate and a 6.94 GRM in the future, much of it realizable in the near term with thriving retail tenants (supermarket occupying 2 spaces or 50% of the retail space) that have been present for years most of which continue to be on month to month leases. With 7,219 square feet of space, you'll find exceptional value at only $276 per square foot and $181,364 per unit. Whether you're pursuing a 1031 exchange or seeking immediate cash flow coupled with growth potential, this property is a fantastic choice!

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning R3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Refrigerator, Range/Oven

Exterior

Parking Features None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Global Platinum Properties, Inc.

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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