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.
Sold for $810,000 on 06/13/25
$810,000
4070 S San Pedro St, Los Angeles, CA 90011
--beds
--baths
2,282sqft
Mixed Use
Built in 1920
-- sqft lot
$797,300 Zestimate®
$355/sqft
$2,129 Estimated rent
Owner options
What's special
Zillow last checked: 9 hours ago
Listing updated: February 14, 2025 at 08:04am
Source: CRMLS,MLS#: SR24240151
Originating MLS: California Regional MLS
Facts & features
Interior
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,282
- Total interior livable area: 2,282 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 4,878 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 5113004004
- Zoning: LAC2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 8366
Other
Other facts
- Listing terms: Conventional
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Estimated market value
$797,300