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Los Angeles, CA 90061 11901 S San Pedro Street

$2,990,000

Presented By: DANIEL CORCORAN with Corcoran Group of California Inc.; dmcor@cgroupca.com
  • MLS# EV24053400
  • 03/16/2024
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  • BedBeds • 7
  • BathBaths • 3
  • FootageSQFT • 9,429

Home Details

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.
Presented By: DANIEL CORCORAN with Corcoran Group of California Inc.; dmcor@cgroupca.com

Interior Features for 11901 S San Pedro Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 11901 S San Pedro Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.15
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
Current FinancingConventional
Days on Market
DirectionsBetween 119th and 120th
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income282696.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense15204.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashtoNewLoan, Item1031Exchange, OwnerMayCarry
Lot Size Square Feet28012.0
MLS AreaC37 - Metropolitan South
MaintenanceExpense20160.0
MobileHomeRemainsYNNo
Net Operating Income186802.0
New ConstructionNo
Operating Expense93067.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameSan Pedro
Tax Lot96
Taxes$37,488
Total Units24
Trash Expense7164.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLAR3

Exterior for 11901 S San Pedro Street

Building Area Total9429.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem2125UnitsAcre
Lot Size Acres0.6431
Lot Size Area28012.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,990,000
MLS#EV24053400
List Date 03/16/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors