4106 S San Pedro St - Apartments FOR SALE


Los Angeles, CA 90011- Vernon-Main
$650,000 USD
310-562-9630
4106 S San Pedro St, Los Angeles, CA for Sale
$650,000 USD
Apartments - FOR SALE
1/16
null | 5.65% Cap Rate

4106 S San Pedro St
Los Angeles, CA 90011
Vernon-Main


HIGHLIGHTS

  • 100% occupied 4 bungalow-style units in South Central Los Angeles with separate meters and hot water heaters.
  • Large lot over 7,000 SF. Only $162,500/unit, 10.71 GRM and 5.65% CAP rate.
  • Minutes from University of Southern California and Exposition Park.
  • Over $5,000/month in current rental income.
  • Property is subject to City of Los Angeles Rent Stabilization Ordinance (RSO) & rents were last increased in June 2026.
  • There are 6 parking spaces in rear, which are leased on separate parking leases to tenants. (Parking leases are not subject to LA RSO).

OVERVIEW

Fantastic investment opportunity to purchase a bungalow style 4 unit property in the heart of South Central Los Angeles at a hard to find, low price point. The property is 100% occupied and offers strong in-place cash flow with over $5,000/month, and a low GRM of only 10.71, and a 5.65% CAP rate. The property is separately metered, so the owner only pays for water and sewer. Two of the roofs were replaced in 2024 with permits. There is ample open parking in the rear for 6 cars, and a parking gate with rear alley access. This is a stabilized asset in a high-demand rental market with excellent future upside potential. The property is subject to City of LA Rent Control (LA RSO) and rents were most recently increased in June 2026. Property will be sold with all tenants in place, so no FHA or owner-occupied loans are possible. Ideally located near the Gilbert Lindsay Recreation Center and only 2 blocks from Ricardo Lizarraga Elementary School, the property also benefits from convenient access just east of the 110 Freeway and south of MLK Jr Blvd. Residents are just minutes from University of Southern California and Exposition Park, home to locally popular museums, entertainment venues, and major sporting events, making this a highly desirable location with strong long-term rental demand. *A full marketing package is available from the listing agent upon request. * This property is part of a larger portfolio sale of tenant occupied homes and multifamily properties - call listing agent for more info.*

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$272 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

5.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Bungalow Units in South Central LA!

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,138 SF

ZONING

LAC2

APN/PARCEL ID

5113-006-013

ASK ABOUT THIS PROPERTY

Dana CoronadoCompass Commercial - Sherman OaksMore Info
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Dana CoronadoCompass Commercial - Sherman OaksMore Info
310-562-9630

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