Millman Team Real Estate

$875,000
8 Bed
6 Bath
3,213 Sqft
0.13 Acre Lot

8504 S San Pedro Street, Los Angeles, California 90003

  • Residential Income Property Type
  • 3,213 Sqft Square Footage
  • None Cars Garage
  • 1949 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
25604141
$875,000
8
6
3,213 Sqft
1949
0.13 Acre
Active
Features
: Wall Furnace
: None
: None
$0
Address Map
CA
Los Angeles
Los Angeles
90003
San Pedro
8504
Street
East 110 freeway / North Manchester
C37 - Metropolitan South
S
LAR3
Additional Information
$0
$0
$0
$0
$0
3213
: One
43x136
4
2025-10-14
1
Broker/Agent Information
Beverly Hills Fabulous Estates Inc.
Charles Le
Listing Information
CLW-C139940
CLW-X83337
Active
2025-11-07T04:37:17Z
CRMLS
: Standard
2025-10-14T00:00:00Z
Agent info
Ray Millman
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