6701 S San Pedro Street, Los Angeles, CA 90003

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
6701 S San Pedro Street,Los Angeles, CA 90003
$1,650,000
  • 16 Beds
  • 8 Baths
  • 10,670 sq. ft.
  • Multi-family
  • Active
Listed by: jerome mcalpin
Office: mcalpin & company310-437-4172
MLS#:26999373
Source:CRMLS

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$154.64

About this home

6701 S San Pedro is an eight-unit apartment complex located in South Los Angeles, near Gage and east of the110 freeway. The building has an excellent unit mix of (2) 4 bedroom - 2 bath units, (2) 4 bedroom -1.5 bath units, (3) 3bedroom 1.5 bath units and 1-3 bedroom 1 bath unit. The complex is huge, boasting 10,670 square feet for an average of over 1,300 square feet per unit. The structure is situated on a corner lot and contains 7,040 square feet. Tenants will appreciate the large parking area behind the apartments. The building is in good condition, shows well and stands out in the area. Currently, the property is producing $13,845 per month. However, because the rents are substantially below market, this property has a market GRM of 6.03 and a market CAP of 12.67%. This is outstanding opportunity for an investor that understands how to utilize strategies to get the rents to market and enjoy double digit returns

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Home facts

  • Year built:1929
  • Listing ID #:26999373
  • Added:33 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:10,670 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1929
  • Building area:10,670 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$154.64

Parking

  • Parking description:Uncovered
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