Los Angeles, CA 90003,8504 S San Pedro ST
Los Angeles, CA 90003,8504 S San Pedro ST
Los Angeles, CA 90003,8504 S San Pedro ST
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Leon Borunda

Leon Borunda

+1(559) 779-6540
$875,000
Est. payment /mo
8 Beds
6 Baths
3,213 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,213 sqft

Price per Sqft $272

MLS Listing ID 25604141

Bedrooms 8

HOA Y/N No

Year Built 1949

Lot Size 5,850 Sqft

Property Description

THIS 4-UNIT APARTMENT BUILDING, SITUATED SOUTH OF DOWNTOWN LOS ANGELES, PRESENTS AN IDEAL OPPORTUNITY FOR FIRST-TIME INVESTORS OR A VALUABLE ADDITION TO AN EXISTING INVESTMENT PORTFOLIO. THE PROPERTY COMPRISES TWO 3-BEDROOM, 2-BATHROOM UNITS AND TWO 1-BEDROOM, 1-BATHROOM UNITS. SUBJECT TO RENT CONTROL, IT FEATURES SEPARATELY METERED GAS AND ELECTRICITY, WITH EACH UNIT EQUIPPED WITH ITS OWN WATER HEATER. IMPECCABLY MAINTAINED BY THE CURRENT OWNER, THE BUILDING IS 100% OCCUPIED, ENSURING CONSISTENT CASH FLOW AND MINIMAL MAINTENANCE COSTS. THE ROOF AND COPPER PLUMBING WERE UPGRADED IN 2009, AND SEVERAL UNITS HAVE BEEN THOUGHTFULLY RENOVATED, INCLUDING KITCHEN AND BATHROOM UPDATES.PERFECTLY POSITIONED NEAR THE UNIVERSITY OF SOUTHERN CALIFORNIA AND DOWNTOWN LOS ANGELES, THIS PROPERTY IS PRICED TO SELLOFFERING A REMARKABLE VALUE, PARTICULARLY WHEN COMPARED TO MOST 1-BEDROOM CONDOS IN DOWNTOWN LA. SET IN A BURGEONING NEIGHBORHOOD WITH CONSIDERABLE RENTAL UPSIDE, IT PROVIDES IMMEDIATE INCOME POTENTIAL WHILE OFFERING FUTURE GROWTH OPPORTUNITIES. WITH EASY ACCESS TO PUBLIC TRANSPORTATION, LOCAL RETAIL, AND PROXIMITY TO THE 110 FREEWAY, BETWEEN THE 105 AND 10 FREEWAYS, THIS PROPERTY REPRESENTS AN OUTSTANDING INVESTMENT IN A PRIME LOCATION. ACTUAL RENT FOR THE 4 UNITS IS AS FOLLOWS: 8504 SAN PEDRO - $875, 8504 1/2 SAN PEDRO - $1,200, 8506 SAN PEDRO - $1,735, AND 8506 1/2 SAN PEDRO - $1,478.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features None

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6030026002

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Charles Le Beverly Hills Fabulous Estates Inc.

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    122nd Street Elementary

    Public | KG - 5

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 6

    Aspire Titan Academy

    Public | KG - 5

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    118th Street Elementary

    Public | KG - 5

  • 5

    66th Street Elementary School

    Public | KG - 6

  • 5

    Kipp Philosophers Academy

    Public | 5 - 8

  • 5

    Wisdom Elementary School

    Public | PK - 6

  • 5

    Lillian Street Elementary School

    Public | KG - 6

  • 5

    Florence Avenue Elementary School

    Public | KG - 6

  • 5

    Aspire Junior Collegiate Academy

    Public | KG - 5

  • 5

    Vernon City Elementary School

    Public | KG - 6

  • 4

    Figueroa Street Elementary School

    Public | KG - 5

  • 4

    West Vernon Avenue Elementary

    Public | KG - 5

  • 4

    75th Street Elementary School

    Public | KG - 6

  • 4

    Aspire Slauson Academy

    Public | KG - 6

Middle Schools 20
  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 6

    Aspire Pacific Academy

    Public | 6 - 12

  • 5

    Aspire Centennial College Preparatory Academy

    Public | 6 - 8

  • 5

    Walnut Park Middle School - STEM Academy

    Public | 6 - 8

  • 4

    Alliance Jack H. Skirball Middle School

    Public | 6 - 8

  • 4

    New Designs Charter School-Watts

    Public | 6 - 12

  • 4

    Thomas Alva Edison Middle School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Animo Charter Middle No. 2

    Public | 6 - 8

  • 2

    Drew Middle School

    Public | 7 - 8

  • 2

    Prepa Tec - los Angeles

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    Samuel Gompers Middle School

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

  • 1

    George Washington Carver Middle School

    Public | 6 - 8

  • 1

    Edwin Markham Middle School

    Public | 6 - 8

High Schools 20
  • 9

    King/Drew Medical Magnet High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 8

    Animo Pat Brown

    Public | 9 - 12

  • 8

    Alliance Huntington Park College-Ready Academy High School

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 7

    Linda Marquez High School - Libra Academy

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 6

    Alliance Cindy and Bill Simon Technology Academy H

    Public | 9 - 12

  • 6

    Linda Marquez High School - Huntington Park Institute of Applied Medicine

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 5

    Animo Watts College Preparatory Academy

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 5

    Linda Marquez High School - School of Social Justice

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 2

    Performing Arts Community School - Diego Rivera Learning Complex

    Public | 9 - 12

School and business data provided by Attom Data.

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Leon Borunda

Leon Borunda

+1(559) 779-6540

Realtor | License ID: 01818465

Realtor License ID: 01818465

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