8504 S San Pedro Street, Los Angeles, CA 90003 - Berkshire Hathaway HomeServices California Properties
8504 S San Pedro Street Los Angeles, CA 90003
$875,000 8 beds, 6 baths
3, 213 sqft

Agent Remarks

THIS 4-UNIT APARTMENT BUILDING, SITUATED SOUTH OF DOWNTOWN LOS ANGELES, PRESENTS AN IDEAL OPPORTUNITY FOR FIRST-TIME INVESTORS OR A VALUABLE ADDITION TO AN EXISTING INVESTMENT PORTFOLIO. THE PROPERTY COMPRISES TWO 3-BEDROOM, 2-BATHROOM UNITS AND TWO 1-BEDROOM, 1-BATHROOM UNITS. SUBJECT TO RENT CONTROL, IT FEATURES SEPARATELY METERED GAS AND ELECTRICITY, WITH EACH UNIT EQUIPPED WITH ITS OWN WATER HEATER. IMPECCABLY MAINTAINED BY THE CURRENT OWNER, THE BUILDING IS 100% OCCUPIED, ENSURING CONSISTENT CASH FLOW AND MINIMAL MAINTENANCE COSTS. THE ROOF AND COPPER PLUMBING WERE UPGRADED IN 2009, AND SEVERAL UNITS HAVE BEEN THOUGHTFULLY RENOVATED, INCLUDING KITCHEN AND BATHROOM UPDATES.PERFECTLY POSITIONED NEAR THE UNIVERSITY OF SOUTHERN CALIFORNIA AND DOWNTOWN LOS ANGELES, THIS PROPERTY IS PRICED TO SELLOFFERING A REMARKABLE VALUE, PARTICULARLY WHEN COMPARED TO MOST 1-BEDROOM CONDOS IN DOWNTOWN LA. SET IN A BURGEONING NEIGHBORHOOD WITH CONSIDERABLE RENTAL UPSIDE, IT PROVIDES IMMEDIATE INCOME POTENTIAL WHILE OFFERING FUTURE GROWTH OPPORTUNITIES. WITH EASY ACCESS TO PUBLIC TRANSPORTATION, LOCAL RETAIL, AND PROXIMITY TO THE 110 FREEWAY, BETWEEN THE 105 AND 10 FREEWAYS, THIS PROPERTY REPRESENTS AN OUTSTANDING INVESTMENT IN A PRIME LOCATION. ACTUAL RENT FOR THE 4 UNITS IS AS FOLLOWS: 8504 SAN PEDRO - $875, 8504 1/2 SAN PEDRO - $1,200, 8506 SAN PEDRO - $1,735, AND 8506 1/2 SAN PEDRO - $1,478.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25511925
List price is $875,000
Beds: 8
Baths: 6
Built in 1949
3,213 sqft
1 story
0.13 acres
Lot size: 0.1343
County: Los Angeles
Zoning: LAR3
Parking description: None
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C37 - Metropolitan South

Last Updated: 4/30/2025

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.960741, -118.269138.
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Listing Agent: Charles Le
Lic#: 01234982
Office Name: Mission Viejo

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