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$1,550,000
Est. payment /mo
3 Beds
480 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 480 sqft
Price per Sqft $3,229
MLS Listing ID CL25530355
Bedrooms 3
HOA Y/N No
Year Built 1943
Lot Size 5,113 Sqft
Acres 0.12
Property Sub-Type OTHER
Property Description
6611-6617 S San Pedro Street. This is a rare opportunity to acquire a large 10,619 square foot lot, consisting of two separate parcels with individual APNs, offering flexibility to sell together or separately. The property includes two structures: a 3,780 square foot warehouse and a 480 square foot residential unit featuring 3 bedrooms and 1 bathroom. The site also includes a commercial-grade kitchen, a total of 5 bathrooms, 12 secured parking spaces, and is protected by an electric gate.Zoned LAR4, the property is ideally suited for redevelopment under programs like ED1 or CHIP, making it an excellent opportunity for investors and developers. The site benefits from a long-term single tenant currently paying $10,000 per month under a 3-year lease, with a property tax exemption in place, providing immediate and stable income.Strategically located across from an elementary school and near the busy Florence Avenue corridor and El Super market, the property sits in a high-visibility, high-traffic area with strong community infrastructure. This is a versatile asset with great potential for multifamily, mixed-use, or adaptive reuse development.
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Community Facility
Exterior
Exterior Feature Front Yard
View Y/N true
View City Lights
Handicap Access Other
Total Parking Spaces 12
Building
Lot Description Front Yard
New Construction No
Others
Tax ID 6011002032
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Listed by Shahram Shamounpour • Keller Williams Beverly Hills
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