2906 S San Pedro Street
Los Angeles, CA 90011 • 2 Bed • 11 Bath • 7,216 sq.ft.

Property summary

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 7.14% cap rate and an 9.82 GRM, there's exciting potential to achieve a remarkable 12.56% cap rate and a 6.28 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 $248.75 per square foot and $163,82 per unit. Whether you're pursuing a 1031 exchange or seeking immediate cash flow coupled with growth potential, this property is a fantastic choice!

Days on market: 71

Listing updated: June 14, 2025 - 01:35:06

Property details

Property ID
25520821
Size
7216 sq.ft.
Home Type
Residential Income
Year Built
1915
Property Size
0.109 acre
Garage
Levels
2
Spa
No
Patio
No
Basement
No
View
No
Pool
No

Listed by: Armin Soleimani DRE #01846872 424-394-1030, Global Platinum Properties, Inc. - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X82397 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
11
Kitchen
Refrigerator
Cooling
N/A
Heating
Wall Furnace
Flooring
N/A
Laundry
N/A
$1,795,000
Property price
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Revesty savings: $118K
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-14 00:29:40 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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