10007 San Pedro Street

Los Angeles, CA 90003

$770,000
Last Sold Price
—
Beds
4,966 Sq. Ft.
$155 / Sq. Ft.
4,966
Sq. Ft.
$155
per Sq. Ft.

Description

Kalachian Investment Group is pleased to present this mixed-use property situated on a large corner lot in the heart of Los Angeles and featuring a retail unit alongside five residential units. All five residential units are currently occupied and three of them being rented through the Section 8 program. This presents a stable and reliable source of rental income for the new owner. The property has excellent upside rental potential, as the current rents are below market averages in the area. This...Kalachian Investment Group is pleased to present this mixed-use property situated on a large corner lot in the heart of Los Angeles and featuring a retail unit alongside five residential units. All five residential units are currently occupied and three of them being rented through the Section 8 program. This presents a stable and reliable source of rental income for the new owner. The property has excellent upside rental potential, as the current rents are below market averages in the area. This provides an opportunity for the new owner to maximize their returns. The property is fully occupied and has a strong rental history, making it an attractive investment opportunity. The retail unit is an ±810 SF beauty salon that is currently rented on a month-to-month basis. Property also has billboard income coming in due to its location. Built in 1924-1953, the building is ±4,156 SF has a favorable unit mix of (2) Studios, (2) 3+1 (1) 3+1.5, situated on a ±10,468 SF of total land. The property has a combined size of ±4,966 SF building size, It is subject to Rent Stabilization Ordinance (RSO)
  1. Listed by Melina Kalachian • DRE #01877904 • Keller Williams Realty
  2. Listed by Vince Kalachian • DRE #01172350 • Keller Williams Realty

Property Details for 10007 San Pedro Street

Architectural Style
See Remarks
Subdivision Name
Not Applicable
Garage Spaces
9.00
View
None

Location

Listing Courtesy of Keller Williams Realty, Melina Kalachian, DRE #01877904; Keller Williams Realty, Vince Kalachian, DRE #01172350

Sold By Keller Williams Realty, Melina Kalachian, DRE #01877904

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LISTING UPDATED: 01/09/2024 11:36 AM

Property Details for 10007 San Pedro Street

StatusClosed
MLS #P1-13461
Days on Market50
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income / Combo - Res and Com
Year Built1924
Lot Size0.24 AC / 10,468 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty, Melina Kalachian, DRE #01877904; Keller Williams Realty, Vince Kalachian, DRE #01172350

Sold By Keller Williams Realty, Melina Kalachian, DRE #01877904

Add your commute

Virtual Tour

Building Information for 10007 San Pedro Street

Stories2Residences-Year Built1924Lot Size0.24 AC / 10,468 SF

Payment Calculator

$4,667 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,202

Property Taxes

$465

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10007 San Pedro Street

Summary
Location and General Information
  • Building Area Total: 4,966.00
  • Community Features: Sidewalks
  • City: Los Angeles
  • Country: US
  • Directions: Century Blvd & San Pedro in South Los Angeles
  • Area: LA - Los Angeles (L)
  • Postal Code Plus4: 4827
  • Unparsed Address: 10007 San Pedro Street, Los Angeles, CA 90003
Parking
  • Parking Features: Parking Space, Uncovered
Taxes and HOA Information
  • Association Fee: $.00
  • Professional Management Expense: $6,390.00
  • Tax Other Annual Assessment Amount: $939.00
  • Tax Tract: 5298
Virtual Tour
  • Videos Count: 1
Property
Lot Information
  • Lot Features: Sprinklers None, 6-10 Units/Acre
  • Lot Size Acres: .24
  • Lot Size Square Feet: 10,468.00
  • Lot Size Area: 10,468.00
  • Lot Size Units: Square Feet
  • Parcel Number: 6063002034
  • Zoning: [Q]R4-1
  • Property Type: Residential Income
  • Property Sub Type: Commercial/Residential
Property and Assessments
  • Common Walls: No Common Walls
  • Documents Count: 0
  • New Construction: No
  • Property Attached: No
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: None
  • Cooling: No
  • Sewer: Sewer Paid
  • Water Source: See Remarks
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Pool Private: No
  • Roof: Flat, Shingle
  • Spa Features: None
  • Spa: No
  • Stories Total: 2
Interior Features
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Yes
  • Living Area: 4,966.00
  • View: No
  • Levels: Two
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $106,620.00
  • Net Operating Income: $64,396.00
  • Insurance Expense: $4,591.00
  • Number Of Buildings: 4
  • Number Of Units Leased: 6
  • Operating Expense: $39,026.00
  • Other Expense: $8,691.00
  • Special Listing Conditions: Standard
  • Trash Expense: $4,966.00
Rental
Rental Information
  • Tenant Pays: See Remarks

Property History for 10007 San Pedro Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10007 San Pedro Street

Taxable ValueLand$180,811Additions$120,536Total$301,347
Tax Record2023$5,576 ($465 / month)
Home Facts
Total Finished SqFt4,966 SqFtAbove Grade Finished SqFt4,966 SqFtStories1Lot Size10,448 SqFtStyleOffice BuildingYear Built1924ZoningLAR4CountyLOS ANGELESAPN6063-002-034

Schools near 10007 San Pedro Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Alain Leroy Locke College Prep Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Melina Kalachian, DRE #01877904; Keller Williams Realty, Vince Kalachian, DRE #01172350

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.