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2906 S San Pedro St
Los Angeles, CA 90011 Southeast Los Angeles

$1,695,000 USD

Apartments For Sale  •  7,216 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,216 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1915
  • Cap Rate 7.56 %
  • Zoning LAM1
62 Transit Score
84 Walk Score

Highlights

Rare investment opportunity with 7.14% existing cap rate / 9.82 GRM coupled with rental upside exceeding 50%
Long term retail tenants anchored by a supermarket with immediate realizable upside coupled with residential tenants with tremendous upside
Prime location in bustling Los Angeles, close to Downtown and easily accessible

Property Flyers

Cap Rate: 7.56 %

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 7 min - 3.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 3.7 mi
Transit/SubwayDriveWalkDistance
San Pedro Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 16 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 12.5 mi
Bob Hope 29 min - 16.8 mi
Long Beach (Daugherty Field) 29 min - 20.8 mi
Armin Soleimani 310-666-2246 Global Platinum Properties
Armin Soleimani 310-666-2246 Global Platinum Properties