2906 S San Pedro Street, Los Angeles, CA 90011

Local realty services provided by:ERA Donahoe Realty
2906 S San Pedro Street,Los Angeles, CA 90011
$1,695,000
  • 2 Beds
  • 11 Baths
  • 7,216 sq. ft.
  • Multi-family
  • Active
Listed by:armin soleimani
Office:global platinum properties, inc.
MLS#:25520821
Source:CRMLS

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$234.89

About this home

$100,000 price reduction, the seller is motivated! Discover an incredible investment opportunity with this 11-unit mixed-use cash cow with tremendous upside, ideally located in vibrant Los Angeles, just a stone's throw from Downtown! Nestled on lively San Pedro Street, this property boasts fantastic visibility for its retail shops anchored by a supermarket. The second floor features 7 residential units, offering strong room for growth. Currently operating at a solid 7.63% cap rate and an 9.27 GRM, there's exciting potential to achieve a remarkable 13.7% cap rate and a 5.93 GRM in the future, much of it realizable in the near term with thriving retail tenants (supermarket occupying 2 spaces or 50% of the retail space) that have been present for years most of which continue to be on month to month leases. With 7,216 square feet of space, you'll find exceptional value at only $235 per square foot and $154k per unit. Whether you're pursuing a 1031 exchange or seeking immediate cash flow

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Home facts

  • Year built:1915
  • Listing ID #:25520821
  • Added:183 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:11
  • Living area:7,216 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1915
  • Building area:7,216 sq. ft.
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$1,695,000
  • Price per sq. ft.:$234.89
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