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  • 6701 S San Pedro Street

6701 S San Pedro Street, Los Angeles, CA 90003

$1,650,000 Approx. USD 16 beds, 8 baths
10,670 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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Listing Agent


Jerome McAlpin | jerome@mcalpinco.com
Lic#: 00939725
Broker: Courtesy of McAlpin & Company
Phone: 310-437-4172

Agent Remarks

6701 S San Pedro is an eight-unit apartment complex located in South Los Angeles, near Gage and east of the110 freeway. The building has an excellent unit mix of (2) 4 bedroom - 2 bath units, (2) 4 bedroom -1.5 bath units, (3) 3bedroom 1.5 bath units and 1-3 bedroom 1 bath unit. The complex is huge, boasting 10,670 square feet for an average of over 1,300 square feet per unit. The structure is situated on a corner lot and contains 7,040 square feet. Tenants will appreciate the large parking area behind the apartments. The building is in good condition, shows well and stands out in the area. Currently, the property is producing $13,845 per month. However, because the rents are substantially below market, this property has a market GRM of 6.03 and a market CAP of 12.67%. This is outstanding opportunity for an investor that understands how to utilize strategies to get the rents to market and enjoy double digit returns

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26999373
Price: $1,650,000
Beds: 16
Baths: 8
Built in 1929
10,670 sqft
2 stories
0.16 acres
Lot size: 0.1616
County: Los Angeles
Zoning: LAR3
Parking description: Uncovered
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C42 - Downtown L.A.

Last Updated: 10/17/2026

 Days On Market (DOM): 26

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 33.978641, -118.269858.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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