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Eight-Unit Apartment Building
New
For Sale
$1,650,000

6701 S San Pedro St, Los Angeles, CA 90003

The property offers a varied bedroom and bathroom mix, with parking behind the apartments.

Property Size10,670 SF
Lot Size0.16 Acres
Price / SF$154.64
Days on Market5

Property Features for 6701 S San Pedro St

General Information

Standard status Active
Size 10,670 SF
Lot size 0.16 Acres
Property subtype MULTI_FAMILY

Units

Unit Mix 2 x 4BR/2BA, 2 x 4BR/1.5BA, 3 x 3BR/1.5BA, 1 x 3BR/1BA
Multifamily Units 8

Additional Details

Gross Income $166,140
Highway Access Yes

Building Details

Building Size 10,670 SF
Year Built 1929
Listing Agency: McAlpin & Company
Listed By: Jerome McAlpin · License #00939725
Source: Milsteinestates
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 13 at 2:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McAlpin & Company

Investment Insights

Based on property information with market context.

Built in 1929, this eight-unit apartment property has a mix of larger and smaller layouts. Two units have four bedrooms and two bathrooms, while another two offer four bedrooms and one and a half bathrooms. Three apartments contain three bedrooms and one and a half bathrooms; the remaining unit has three bedrooms and one bathroom. Parking is located behind the building, which occupies a corner lot.

The property is in South Los Angeles, near Gage and east of the 110 freeway. Market figures provided for the property include a 6.03 GRM and a 12.67% CAP rate.

Key Highlights

  • Eight apartments with a mix of three- and four‑bedroom layouts
  • Two units have 4 bedrooms and 2 bathrooms each
  • Two units have 4 bedrooms and 1.5 bathrooms each

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Acupuncture Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,543
Businesses Nearby

Demographics for 90003, CA

72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The property offers a varied bedroom and bathroom mix, with parking behind the apartments.
Where is this apartment building located?
The property is located at 6701 S San Pedro St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Eight apartments with a mix of three- and four‑bedroom layouts; Two units have 4 bedrooms and 2 bathrooms each; Two units have 4 bedrooms and 1.5 bathrooms each
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