4070 S San Pedro ST Active

Los Angeles,CA 90011

$ 1098000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR24240151

Originating Board California Regional MLS

Year Built 1920

Lot Size 4,878 Sqft

Property Description

2 commercial spaces in the front ( mini mart, and hair salon) and 3 residential 1 bedroom 1 bath in the back. all paying rent, all rents are current . one of the residential units has been fully remodeled. everyone is on separate gas and electric meters and tenants pay for trash, landlord only pays for water. total rent coming in is $8366, putting the property at a 9.14% CAP RATE, with room still for upside for rent to be over ten thousand a month pro forma. Wonderful property with wonderful paying tenants. Property is more than 50% residential so does not have to be a commercial loan.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Laundry None

Exterior

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 5113004004

Special Listing Condition Not Applicable

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