$884,999
Est. payment /mo
Price Dropped by $100K
4070 S San Pedro ST Los Angeles, CA 90011
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24240151
Originating Board California Regional MLS
Year Built 1920
Lot Size 4,878 Sqft
Property Description
2 commercial spaces in the front ( mini mart, and hair salon) and 3 residential 1 bedroom 1 bath in the back. all paying rent, all rents are current . one of the residential units has been fully remodeled. everyone is on separate gas and electric meters and tenants pay for trash, landlord only pays for water. total rent coming in is $8366, putting the property at a 9.14% CAP RATE, with room still for upside for rent to be over ten thousand a month pro forma. Wonderful property with wonderful paying tenants. Property is more than 50% residential so does not have to be a commercial loan.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry None
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 5113004004
Special Listing Condition Not Applicable
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Listed by Tanya Barkhordar • Shans International Realty Brokerage