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Stacey Alysson Melman

8504 S San Pedro ST
Los Angeles, CA, 90003
$875,000
8 Beds
6 Baths
3,213 SqFt
0.13 Acres
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MLS #26869029 image #0
THIS 4-UNIT APARTMENT BUILDING, SITUATED SOUTH OF DOWNTOWN LOS ANGELES, PRESENTS AN IDEAL OPPORTUNITY FOR FIRST-TIME INVESTORS OR A VALUABLE ADDITION TO AN EXISTING INVESTMENT PORTFOLIO. THE PROPERTY COMPRISES TWO 3-BEDROOM, 2-BATHROOM UNITS AND TWO 1-BEDROOM, 1-BATHROOM UNITS. SUBJECT TO RENT CONTROL, IT FEATURES SEPARATELY METERED GAS AND ELECTRICITY, WITH EACH UNIT EQUIPPED WITH ITS OWN WATER HEATER. IMPECCABLY MAINTAINED BY THE CURRENT OWNER, THE BUILDING IS 100% OCCUPIED, ENSURING CONSISTENT CASH FLOW AND MINIMAL MAINTENANCE COSTS. THE ROOF AND COPPER PLUMBING WERE UPGRADED IN 2009, AND SEVERAL UNITS HAVE BEEN THOUGHTFULLY RENOVATED, INCLUDING KITCHEN AND BATHROOM UPDATES.PERFECTLY POSITIONED NEAR THE UNIVERSITY OF SOUTHERN CALIFORNIA AND DOWNTOWN LOS ANGELES, THIS PROPERTY IS PRICED TO SELLOFFERING A REMARKABLE VALUE, PARTICULARLY WHEN COMPARED TO MOST 1-BEDROOM CONDOS IN DOWNTOWN LA. SET IN A BURGEONING NEIGHBORHOOD WITH CONSIDERABLE RENTAL UPSIDE, IT PROVIDES IMMEDIATE INCOME POTENTIAL WHILE OFFERING FUTURE GROWTH OPPORTUNITIES. WITH EASY ACCESS TO PUBLIC TRANSPORTATION, LOCAL RETAIL, AND PROXIMITY TO THE 110 FREEWAY, BETWEEN THE 105 AND 10 FREEWAYS, THIS PROPERTY REPRESENTS AN OUTSTANDING INVESTMENT IN A PRIME LOCATION. ACTUAL RENT FOR THE 4 UNITS IS AS FOLLOWS: 8504 SAN PEDRO – $875, 8504 1/2 SAN PEDRO – $1,200, 8506 SAN PEDRO – $1,735, AND 8506 1/2 SAN PEDRO – $1,478.
AGENT: Charles Le
LISTING BROKERAGE: Beverly Hills Fabulous Estates Inc.
8504 S San Pedro ST
Los Angeles, CA

Property Details

Price:
$875,000
MLS #:
26869029
Status:
Active
Beds:
8
Baths:
6
Type:
Single Family
Neighborhood:
c37metropolitansouth
Listed Date:
Aug 5, 2026
Finished Sq Ft:
3,213
Total Sq Ft:
3,213
Lot Size:
5,849 sqft / 0.13 acres (approx)
Year Built:
1949
C37 – Metropolitan SouthC37metropolitansouth
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Schools

Interior

Cooling
NO
Heating
WL
Levels
A

Exterior

Financial

Gross Operating Income
$63,456
Net Operating Income
$51,589

Map

Community

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