6617 S San Pedro St - Flex FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$1,550,000 USD
424-313-2744
6617 S San Pedro St, Los Angeles, CA for Sale
$1,550,000 USD
Flex - FOR SALE
1/26
null | 7.3% Cap Rate

6617 S San Pedro St
Los Angeles, CA 90003
Canndu/Avalon Gardens


OVERVIEW

6611-6617 S San Pedro Street This is a rare opportunity to acquire a large 10,619 square foot lot, consisting of two separate parcels with individual APNs, offering flexibility to sell together or separately. The property includes two structures: a 3,780 square foot warehouse and a 480 square foot residential unit featuring 3 bedrooms and 1 bathroom. The site also includes a commercial-grade kitchen, a total of 5 bathrooms, and 12 secured parking spaces, and it is protected by an electric gate. Zoned LAR4, the property is ideally suited for redevelopment under programs like ED1 or CHIP, making it an excellent opportunity for investors and developers. The site benefits from a long-term single tenant currently paying $10,000 per month under a 3-year lease, with a property tax exemption in place, providing immediate and stable income. Strategically located across from an elementary school and near the busy Florence Avenue corridor and El Super market, the property sits in a high-visibility, high-traffic area with strong community infrastructure. This is a versatile asset with great potential for multifamily, mixed-use, or adaptive reuse development.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

6611-6617 S San Pedro Street

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1943

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Shahram ShamounpourCalifornia Luxury InvestmentsMore Info
424-313-2744

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Shahram ShamounpourCalifornia Luxury InvestmentsMore Info
424-313-2744

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.