8504 S San Pedro Street
Los Angeles, CA, 90003
$875,000
Beds
0 Baths
SqFt
0.13 Acres
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$875,000
8504 S San Pedro Street
Los Angeles, CA, 90003
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.

Property Details

Price:
$875,000
MLS #:
25511925
Status:
Active
Baths:
0
Address:
8504 S San Pedro Street
Type:
Residential Income
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Mar 14, 2025
State:
CA
ZIP:
90003
Lot Size:
5,849 sqft / 0.13 acres (approx)
Year Built:
1949

Schools

Interior

Cooling
None
Heating
Wall Furnace

Exterior

Parking Features
None
Parking Spots
0.00

Financial

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8504 S San Pedro Street
Los Angeles, CA
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