11901 S San Pedro Street Los Angeles, CA ^$ 2,990,000

11901 S San Pedro Street

^$ 2,990,000

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11901 S San Pedro Street

Los Angeles, CA, 90061

^$ 2,990,000

Bedrooms7 Baths3.0 Sq 9,429

Monthly Estimate*

^$ 20,886

Listed by Corcoran Group of California Inc.

Multi-Family Home for sale in Los Angeles, CA

for $2,990,000 with 7 bedrooms and 3 full baths. This 9,429 square foot home was built in 1923 on a lot size of 0.6431.

Back in the market. Price reduced. Street-to-street lot, the entire block with access from three streets. High demand Bread ‘n butter units. Very low vacancy rate. Secure off-street parking (31 spaces). A security fence surrounds the entire property with code-entry security gate. New roof in 2017. Easy commute from this high demand rental area. Eligible for bonus rent increases. Shown on accepted offers. Please do not disturb the tenants. See attached Offering Memorandum for rent rolls, expenses, and more information.

Multi-Family Active

Price

^$ 2,990,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.6431

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

EV24053400

Days on Market

Features

General

Sewer PublicSewer

Zoning LAR3

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1923

Stories 1

Levels One

Property SubType MixedUse

Gross Income 282696.0

Community Features Curbs Gutters Sidewalks

County Los Angeles

Net Operating Income 186802.0

Operating Expense 93067.0

Insurance Expense 15204.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Between 119th and 120th

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 24

MLS Area C37 - Metropolitan South

Lot Size Square Feet 28012.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name San Pedro

Listing Terms CashtoNewLoan Item1031Exchange OwnerMayCarry

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Current Financing Conventional

Fuel Expense 0.0

Trash Expense 7164.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 96

Property Sub Type Additional MixedUse

Taxes 37488.0

Cap Rate 6.15

Exterior

Lot Features Item2125UnitsAcre

Water Source Public

Total Parking 0.0

Lot Size Area 28012.0

Number of Buildings 2

Spa N

Building Area Total 9429.0

Lot Size Acres 0.6431

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 11901

* Excluded Features

List By

Corcoran Group Of California Inc.

Broker

(310) 435-9106

Phone

Affordability Calculator

$20,886

Per Month

Monthly Principal & Interest: $20,886
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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 ^$1,986,097

Percent of Sale Price 34%

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.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2024	$2,990,000		Listed Price

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11901 S San Pedro Street, Los Angeles, CA, 90061 is a Multi-Family Home for sale at $2,990,000 with 9,429 sqft and a lot size of 0.6431. 11901 S San Pedro Street has 7 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 90061 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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 5/15/2024. 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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11901 S San Pedro Street

Multi-Family Home for sale in Los Angeles, CA

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