3601 S San Pedro Street

3601 S San Pedro Street | For Sale

A mixed-use corner property in South Los Angeles offering a diversified income stream across residential, retail, and billboard uses. The property includes 10 SRO units, one 1-bedroom apartment, two ground-floor retail spaces, and billboard income, creating multiple sources of revenue within a single asset. 3601_San_Pedro_Brochure (1)

Located at the corner of S San Pedro Street and E 36th Street, the property benefits from prominent street exposure in a dense infill location. The offering is priced at $1,465,000, or approximately $219 per square foot, with current scheduled annual income of $158,160. 3601_San_Pedro_Brochure (1)

Property Highlights

• $1,465,000 asking price

• 6,696 SF building on a 4,051 SF lot

• 10 SRO residential units

• 1 upstairs 1BR/1BA apartment

• 2 ground-floor retail spaces

• Additional billboard income

• Current scheduled gross income of $13,180/month / $158,160/year

• $98,008 net operating income

• 6.69% cap rate

• 9.26 GRM

• LAC2 zoning

• Built in 1947

• Approximately 72 feet of frontage on E 36th Street and 48 feet on S San Pedro Street

• Corner location with residential, retail, and billboard income components

• Opportunity for additional upside through unit turnover and lease-up of vacant space

Interested in This Property?

Contact Zorik Dadoyan to learn more about the property.

747-224-1423