10401 S San Pedro, Los Angeles, CA 90003
Local realty services provided by:ERA Excel Realty
10401 S San Pedro,Los Angeles, CA 90003
$1,925,000
- 6 Beds
- 6 Baths
- 6,194 sq. ft.
- Single family
- Active
Listed by: adlai hayes
Office: adlai hayes
MLS#:SR25245267
Source:CRMLS
Price summary
- Price:$1,925,000
- Price per sq. ft.:$310.78
About this home
THE SAN PEDRO PROJECT | Value-Add Mixed-Use | $450K+ Equity Opportunity
THE OPPORTUNITY
Lawson-Hayes Realty is pleased to present 10401 S. San Pedro Street, an aggressively priced mixed-use corner asset in the high-demand 90003 zip code. Featuring a ±1,678 SF retail storefront and three (3) residential units, this ±7,400 total usable SF property is a premier "blank canvas" for a value-add investor or an owner-user seeking a high-equity position.
THE VISION: AN EQUITY PLAY
Priced at $1,925,000, the asset is positioned significantly below the $2.38M – $2.7M Stabilized Market Value. The listing offers a clear path to forced appreciation:
Residential Modernization: Renovate the 3 residential units to capture $2,600+ market rents (consistent with 90003 comps for 2026).
Retail/Basement Optimization: Leverage the ±1,206 SF finished basement as creative production space to maximize commercial rental yield.
Curb Appeal & Branding: High-visibility corner lot with massive signage potential on a primary LA corridor.
THE BUSINESS: "THE T-SHIRT SPOT" (Available Separately)
Available for $150,000 (MLS #SR25245267), this turn-key apparel business makes the property:
SBA 504/7(a) Eligible: Perfect for owner-operators to secure 90% financing with low down payments.
Versatile Delivery: Retail and one residential unit can be delivered VACANT at COE, allowing for immediate repositioning or owner-occupancy.
INVESTMENT HIGHLIGHTS
Massive Functional Space: 6,194 SF GBA + 1,206 SF Basement = ±7,400 Usable SF.
Unbeatable Basis: Priced at only $260/SF (Total Usable)—nearly 50% below 2026 replacement costs.
Proven Market Yield: Pro-Forma NOI of $104,136 provides a rock-solid 5.41% Cap Rate—outperforming the LA market average.
RSO Upside: Built in 1934; the significant "Loss-to-Lease" creates a quantifiable path to wealth through stabilization.
FINANCIALS & DUE DILIGENCE
A full Offering Memorandum (OM)—including the $104K Pro-Forma model and itemized renovation budget—is available upon request.
SUBMIT SUBJECT TO INSPECTION. Buyer to verify all square footage, unit mix, and zoning (LARD2)....
Contact an agent
Home facts
- Year built:1934
- Listing ID #:SR25245267
- Added:158 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Basement:Yes
- Basement Description:Finished
- Living area:6,194 sq. ft.
Structure and exterior
- Year built:1934
- Building area:6,194 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Corner Lot
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,925,000
- Price per sq. ft.:$310.78
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