Exclusive Listings

6-Unit Value Add in Los Angeles

Address:
6208 S San Pedro
Los Angeles, CA 90003
Price:
$880,000
Status:
Sold
Type:
Apartment
# Units:
6
Year Built:
1960
Building Size:
3456
Lot Size:
5568
CAP Rate:
5.27
GRM:
11.84x
Price/Unit:
146700
Price/SqFt:
255

 

INVESTMENT HIGHLIGHTS 

  • Conveniently located 10 minutes away from the University of Southern California 
  • Easy access to 110 FWY 
  • Value add opportunity with an estimated 16%+ upside potential 
  • 100% occupancy 
  • 6 individual parking spaces in rear 
  • Separately metered for electricity and gas 

 

PROPERTY HIGHLIGHTS 

  • Attractive unit mix of 2 bedroom and 1 bedroom units
  • Total size of building is 3,456 square feet
  • Total lot size is 5,568 square feet

 

LOCATION & AMENITIES

This investment property is also in close proximity to the LA Convention Center, Staples Center, and LA Live which is the sports and entertainment district that features sports, music venues, night clubs, restaurants, a bowling alley, museum and movie theaters. LA Live is the premier destination for live entertainment in Downtown Los Angeles.  

The close proximity to the University of Southern California, Fashion Institute of Design & Marketing, and Los Angeles Trade Technical College provides a great opportunity to rent out to college students.



Marketing Files


Due Diligence


Broker Contact

Donald La
Direct: 626.824.8853
donald.la@growthinvestmentgroup.com

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Office:
GROWTH INVESTMENT GROUP CALIFORNIA
1487 E Colorado Blvd.
Pasadena, CA 91106
By Appointment Only - No Walk-ins
Front Office: 626.594.4901

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