6701 S San Pedro St
Los Angeles, CA 90003
Listing agent / office Jerome McAlpin, Mcalpin & Company (310-437-4172).
For more information on this listing, contact us at: (805) 620-2084
Active
$1,650,000
6701 S San Pedro St Los Angeles, CA 90003
Residential Income (Multi-Family)
Property Type
16
Beds
8
Baths
10,670
Sq. Ft.
1929
Year Built
Los Angeles
County
6701 S San Pedro is an eight-unit apartment complex located in South Los Angeles, near Gage and east of the110 freeway. The building has an excellent unit mix of (2) 4 bedroom - 2 bath units, (2) 4 bedroom -1.5 bath units, (3) 3bedroom 1.5 bath units and 1-3 bedroom 1 bath unit. The complex is huge, boasting 10,670 square feet for an average of over 1,300 square feet per unit. The structure is situated on a corner lot and contains 7,040 square feet. Tenants will appreciate the large parking area behind the apartments. The building is in good condition, shows well and stands out in the area. Currently, the property is producing $13,845 per month. However, because the rents are substantially below market, this property has a market GRM of 6.03 and a market CAP of 12.67%. This is outstanding opportunity for an investor that understands how to utilize strategies to get the rents to market and enjoy double digit returns
MLS #
26999373
Monthly HOA
N/A
On Market
2 Days
Last Updated
10/10/2026
Location
Contact Agent
Briana Winton
(805) 620-2084Property Details
Community Information
Address
6701 S San Pedro St, Los Angeles, CA 90003
Area
Downtown L.A.
County
Los Angeles
City
Los Angeles
Zip Code
90003
Architecture
Bedrooms
16
Bathrooms
8
Year Built
1929
Stories
2
Building Area
10670.0
Number of Buildings
1
Total Units
8
Stories Total
2
Unit 1
1 Unit • 4 Beds • 1 Bath • Unfurnished • $1,363 actual rent • $1,363 total rent • $3,000 pro forma
Unit 2
1 Unit • 4 Beds • 1 Bath • Unfurnished • $2,181 actual rent • $2,181 total rent • $3,000 pro forma
Unit 3
1 Unit • 3 Beds • 1 Bath • Unfurnished • $1,825 actual rent • $1,825 total rent • $2,750 pro forma
Unit 4
1 Unit • 3 Beds • 1 Bath • Unfurnished • $1,590 actual rent • $1,590 total rent • $2,750 pro forma
Unit 5
1 Unit • 4 Beds • 2 Baths • Unfurnished • $2,111 actual rent • $2,111 total rent • $3,000 pro forma
Unit 6
1 Unit • 4 Beds • 2 Baths • Unfurnished • $1,885 actual rent • $1,885 total rent • $3,000 pro forma
Unit 7
1 Unit • 3 Beds • 1 Bath • Unfurnished • $1,539 actual rent • $1,539 total rent • $2,650 pro forma
Unit 8
1 Unit • 3 Beds • 1 Bath • Unfurnished • $1,531 actual rent • $1,531 total rent • $2,650 pro forma
Features / Amenities
Parking Features
Uncovered
Heating
Wall Furnace
Property Features
Lot Size
7,040 Sq. Ft. / 0.16 Acres
Zoning
LAR3
Directions
South of Gage and East of the Harbor Freeway
Tax and Financial Info
Cap Rate
6.53
Gross Income
$166,140
Net Operating Income
$107,674
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of October 11, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
