10401 S San Pedro, Los Angeles, CA 90003
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
10401 S San Pedro,Los Angeles, CA 90003
$1,925,000
- 6 Beds
- 6 Baths
- 6,194 sq. ft.
- Single family
- Active
Listed by: adlai hayes
Office: adlai hayes818-863-0799
MLS#:SR25245267
Source:CRMLS
Price summary
- Price:$1,925,000
- Price per sq. ft.:$310.78
About this home
THE SAN PEDRO PROJECT | Value-Add Mixed-Use | $450K+ Equity Opportunity
THE OPPORTUNITY
Lawson-Hayes Realty is pleased to present 10401 S. San Pedro Street, an aggressively priced mixed-use corner asset in the high-demand 90003 zip code. Featuring a ±1,678 SF retail storefront and three (3) residential units, this ±7,400 total usable SF property is a premier "blank canvas" for a value-add investor or an owner-user seeking a high-equity position.
THE VISION: AN EQUITY PLAY
Priced at $1,925,000, the asset is positioned significantly below the $2.38M – $2.7M Stabilized Market Value. The listing offers a clear path to forced appreciation:
Residential Modernization: Renovate the 3 residential units to capture $2,600+ market rents (consistent with 90003 comps for 2026).
Retail/Basement Optimization: Leverage the ±1,206 SF finished basement as creative production space to maximize commercial rental yield.
Curb Appeal & Branding: High-visibility corner lot with massive signage potential on a primary LA corridor.
THE BUSINESS: "THE T-SHIRT SPOT" (Available Separately)
Available for $150,000 (MLS #SR25245267), this turn-key apparel business makes the property:
SBA 504/7(a) Eligible: Perfect for owner-operators to secure 90% financing with low down payments.
Versatile Delivery: Retail and one residential unit can be delivered VACANT at COE, allowing for immediate repositioning or owner-occupancy.
INVESTMENT HIGHLIGHTS
Massive Functional Space: 6,194 SF GBA + 1,206 SF Basement = ±7,400 Usable SF.
Unbeatable Basis: Priced at only $260/SF (Total Usable)—nearly 50% below 2026 replacement costs.
Proven Market Yield: Pro-Forma NOI of $104,136 provides a rock-solid 5.41% Cap Rate—outperforming the LA market average.
RSO Upside: Built in 1934; the significant "Loss-to-Lease" creates a quantifiable path to wealth through stabilization.
FINANCIALS & DUE DILIGENCE
A full Offering Memorandum (OM)—including the $104K Pro-Forma model and itemized renovation budget—is available upon request.
SUBMIT SUBJECT TO INSPECTION. Buyer to verify all square footage, unit mix, and zoning (LARD2)....
Contact an agent
Home facts
- Year built:1934
- Listing ID #:SR25245267
- Added:239 day(s) ago
- Updated:May 23, 2026 at 01:22 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Basement:Yes
- Basement Description:Finished
- Living area:6,194 sq. ft.
Structure and exterior
- Year built:1934
- Building area:6,194 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Corner Lot
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,925,000
- Price per sq. ft.:$310.78
New listings near 10401 S San Pedro
- New
$745,000Active1 beds 1 baths1,000 sq. ft.1645 N Vine Street #905, Los Angeles, CA 90028
MLS# 26850139Listed by: CELESTIAL REALTY - New
$1,595,000Active3 beds 3 baths1,987 sq. ft.6830 Cahuenga Park Trail, Los Angeles, CA 90068
MLS# 26850325Listed by: KELLER WILLIAMS REALTY LOS FELIZ - New
$2,550,000Active6 beds 8 baths4,537 sq. ft.5558 Edgewood Place, Los Angeles, CA 90019
MLS# GD26135223Listed by: HUNTINGTON GROUP - Coming Soon
$763,000Coming Soon4 beds 3 baths9300 Burnet Avenue #122, North Hills, CA 91343
MLS# PW26135194Listed by: BALBOA REAL ESTATE INC. - New
$469,995Active2 beds 2 baths1,117 sq. ft.7924 Woodman Avenue #78, Panorama City, CA 91402
MLS# SR26118473Listed by: CITYWIDE ESTATES INC - New
$849,999Active4 beds 3 baths1,574 sq. ft.14601 Del Playa, Panorama City, CA 91402
MLS# WS26135076Listed by: TRAVIS ELY - New
$4,795,000Active5 beds 7 baths4,355 sq. ft.3621 Moore Street, Los Angeles, CA 90066
MLS# CL26850271Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - New
$1,995,000Active3 beds 3 baths1,250 sq. ft.1947 Midvale Avenue, Los Angeles, CA 90025
MLS# 26850323Listed by: MARY GRACE MACY - New
$1,195,000Active3 beds 3 baths2,235 sq. ft.19565 Turtle Springs, Porter Ranch, CA 91326
MLS# SR26135167Listed by: PINNACLE ESTATE PROPERTIES - Coming Soon
$899,595Coming Soon2 beds 2 baths475 Museum Drive, Los Angeles, CA 90065
MLS# 26849973Listed by: EQUITY UNION