6617 South San Pedro Street Los Angeles, CA $ 1,550,000
6617 South San Pedro Street
$ 1,550,000
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6617 South San Pedro Street

Los Angeles, CA, 90003
$ 1,550,000
Baths0.0 Sq 480

Monthly Estimate*

$ 9,670

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,550,000. This 480 square foot home was built in 1943 on a lot size of 0.12.

6611-6617 S San Pedro Street. This is a rare opportunity to acquire a large 10,619 square foot lot, consisting of two separate parcels with individual APNs, offering flexibility to sell together or separately. The property includes two structures: a 3,780 square foot warehouse and a 480 square foot residential unit featuring 3 bedrooms and 1 bathroom. The site also includes a commercial-grade kitchen, a total of 5 bathrooms, 12 secured parking spaces, and is protected by an electric gate.Zoned LAR4, the property is ideally suited for redevelopment under programs like ED1 or CHIP, making it an excellent opportunity for investors and developers. The site benefits from a long-term single tenant currently paying $10,000 per month under a 3-year lease, with a property tax exemption in place, providing immediate and stable income.Strategically located across from an elementary school and near the busy Florence Avenue corridor and El Super market, the property sits in a high-visibility, high-traffic area with strong community infrastructure. This is a versatile asset with great potential for multifamily, mixed-use, or adaptive reuse development.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

1943

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025530355

Features
General
Heating Central
Cooling Central Air
Zoning LAR4
Security Features Automatic Gate Gated Community
Year Built 1943
Tenant Pays Electricity Trash Collection Gas Insurance ADA Upgrades
View City Lights
Levels One
Accessibility Customized Wheelchair Accessible
County Los Angeles
Net Operating Income 113000.0
New Construction No
Property Type C
HOA No
Facing Direction East
Status Active
City Los Angeles
Entry Location Main Level
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 5113.0
Property Attached Y/N No
Additional Parcels Y/N Yes
Structure Type None
Standard Status Active
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Interior
Kitchen Appliances Refrigerator
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features None Community
Total Baths 0
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Exterior
Parking Features Street Auto Driveway Gate Parking Space
Lot Features Front Yard
Lot Size Area 5113.0
Spa No
Pool Y/N? No
Building Area Total 480.0
Lot Size Acres 0.12
Land Lease Type Fee
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* Excluded Features
List By
Shahram Shamounpour

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$9,670
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,670
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2025$1,550,000 Listed Price

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6617 South San Pedro Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $1,550,000 with 480 sqft and a lot size of 0.12. 6617 South San Pedro Street is a studio with 0.0 baths and was built in 1943. The property's zip code is 90003 which is in Los Angeles, CA