4070 S San Pedro Street
Los Angeles, CA 90011
$8,000.00 (-0.73%)
Active for $1,090,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 4,878 sqft
| MLS | SR24240151 |
| Year Built | 1920 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $1,090,000 |
| Structure Size | N/A sqft |
| Lot Size | 4,878 sqft |
| Beds | N/A |
| Baths | N/A |
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 courtesy of: Tanya Barkhordar, Shans International Realty Brokerage . *Based on information from the Association of REALTORS/Multiple Listing as of 12/26/2024 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.
Location
Contact a Local Realtor®
Giuseppe Bellissima
REALTOR®
Direct: 323.401.4581
Email: Email Me
DRE: 01933959
DRE #01873088
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