4070 S San Pedro Street

Los Angeles, CA 90011

PRICE REDUCED

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-$8,000 (-0.73%)

$1,090,000

List Price

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shower Baths

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straighten / sqft

1920

calendar_month Built

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.

Listing Information

List Price $1,090,000
Status Active
MLS SR24240151
Type Residential Income
Subtype Mixed Use
Year Built 1920
Lot Size 4,878
Structure Size N/A
DOM 28
Courtesy Of Shans International Realty Brokerage
Listing Agent Tanya Barkhordar DRE#01827428

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Tanya Barkhordar, Shans International Realty Brokerage . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 23rd, 2024 at 6:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.