2600-2614 S San Pedro St - Apartments FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$4,950,000 USD
213-500-6743
2600-2614 S San Pedro St, Los Angeles, CA for Sale
$4,950,000 USD
Apartments - FOR SALE
1/16
null | 7.02% Cap Rate

2600-2614 S San Pedro St
Los Angeles, CA 90011
Southeast Los Angeles


HIGHLIGHTS

  • Fully renovated mixed-use property with dual income streams
  • Attractive 7.02% cap rate and strong in-place yield
  • Signalized corner location with high retail visibility
  • Minutes from Downtown LA, USC, and major freeways
  • Upside potential through rent growth and lease-up

OVERVIEW

2600 S San Pedro Street presents a rare opportunity to acquire a fully renovated mixed-use property in the heart of South Los Angeles, just minutes from Downtown LA and USC. This two-story asset combines 17 upgraded residential units with 20 commercial spaces, delivering diversified income streams and strong in-place cash flow. With an attractive 7.02% cap rate and below-market rents, investors can capitalize on immediate yield while unlocking upside through strategic lease-up and rent adjustments. The property’s prime location at a signalized corner offers exceptional visibility and pedestrian traffic, ideal for retail tenants seeking exposure. Recent renovations in 2019 have modernized mechanical systems, refreshed interiors, and enhanced the historic façade, creating a blend of character and functionality that appeals to urban renters and small businesses alike. Situated within a dense trade area supported by 48,000 residents and over 3,600 businesses within one mile, the asset benefits from robust retail demand and ongoing neighborhood revitalization. Excellent connectivity via I-10 and I-110 freeways, proximity to major employment hubs, and strong transit scores further reinforce long-term growth potential. This fee-simple offering is positioned for investors seeking stability with value-add upside in one of Los Angeles’ most dynamic corridors.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

17

PRICE/UNIT

$291,176

CAP RATE

7.02%

% LEASED

84%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,085 SF

ZONING

LAC2

APN/PARCEL ID

5128-017-010

ASK ABOUT THIS PROPERTY

Mark TarczynskiColliersMore Info
213-500-6743

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Mark TarczynskiColliersMore Info
213-500-6743

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.