6701 S San Pedro Street Los Angeles, CA ^$ 1,650,000

6701 S San Pedro Street

^$ 1,650,000

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Recently Listed

6701 S San Pedro Street

Los Angeles, CA, 90003

^$ 1,650,000

Bedrooms16 Baths1.0 Sq 10,670

Monthly Estimate*

^$ 11,396

Listed by Jerome McAlpin, McAlpin & Company, jerome@mcalpinco.com

6701 S San Pedro Street, Los Angeles, CA 90003 - Image 1

6701 S San Pedro Street, Los Angeles, CA 90003 - Image 2

6701 S San Pedro Street, Los Angeles, CA 90003 - Image 3

6701 S San Pedro Street, Los Angeles, CA 90003 - Image 4

6701 S San Pedro Street, Los Angeles, CA 90003 - Image 5

6701 S San Pedro Street, Los Angeles, CA 90003 - Image 6

Multi-Family Home for sale in Los Angeles, CA

for $1,650,000 with 16 bedrooms and 1 full bath. This 10,670 square foot home was built in 1929 on a lot size of 0.1616.

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

Multi-Family Active

Price

^$ 1,650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1616

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26999373

Days on Market

Features

General

Living Area 10670

Heating Wall Furnace

Cooling None

Zoning LAR3

Year Built 1929

Tenant Pays Electricity Gas

Stories Count 2

Levels Two

Gross Income 166140

County Los Angeles

Net Operating Income 107674

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions South of Gage and East of the Harbor Freeway

City Los Angeles

Senior Community Y/N false

Number Of Units Total 8

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 7040

Standard Status Active

Cap Rate 6.53

Interior

Total Stories 2

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 16

Total Baths 8

Exterior

Parking Features Uncovered

Total Parking 0

Lot Size Area 7040

Number of Buildings 1

Building Area Total 10670

Lot Size Acres 0.1616

* Excluded Features

List By

Jerome McAlpin

Listing Agent

Mcalpin & Company

Broker

jerome@mcalpinco.com

Affordability Calculator

$11,396

Per Month

Monthly Principal & Interest: $11,396
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,911,026

Percent of Sale Price 16%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/10/2026	$1,650,000		Listed Price

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6701 S San Pedro Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $1,650,000 with 10,670 sqft and a lot size of 0.1616. 6701 S San Pedro Street has 16 bedrooms, 1.0 baths, and was built in 1929. The property's zip code is 90003 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/12/2026. 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.

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6701 S San Pedro Street

Multi-Family Home for sale in Los Angeles, CA

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