7104 S San Pedro St - Apartments FOR SALE


Los Angeles, CA 90003
$1,949,000 USD
949-306-1175
7104 S San Pedro St, Los Angeles, CA for Sale
$1,949,000 USD
Apartments - FOR SALE
1/6
null | 7.54% Cap Rate

7104 S San Pedro St
Los Angeles, CA 90003


HIGHLIGHTS

  • UNIT MIX: EIGHT LARGE 2+1 UNITS
  • TWENTY TWO PERCENT RENTAL UPSIDE
  • SIX UNITS HAVE BEEN RECENTLY RENOVATED
  • NEW EXTERIOR PAINT
  • NINE PARKING SPACES
  • NEW BUILDING AND UNIT NUMBERS

OVERVIEW

The unit mix consists of eight 2+1 units. The investment consists of approximately 6,383 of rentable square feet and is situated on an approximately 6,214 square foot parcel. Recent property upgrades include a six units being recently renovated with new cabinets, new lights, new ceiling fans, and new bathroom vanities. The building amenities include a large parking area with nine total spaces, a secured gated entry, and the property is separately metered for gas and electricity. Call/email Griffin White for complete package. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Sellers are licensed real estate brokers in the state of California.

FOR SALE DETAILS

PRICE

$1,949,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

8

PRICE/UNIT

$243,625

CAP RATE

7.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,090 SF

ZONING

C2

APN/PARCEL ID

6011-008-001

ASK ABOUT THIS PROPERTY

Griffin WhiteBRC Advisors - BH, Inc.More Info
949-306-1175

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

Griffin WhiteBRC Advisors - BH, Inc.More Info
949-306-1175

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