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16-Bedroom Residential Income - 6701 S San Pedro Street, Los Angeles, CA

$1,650,000

6701 S San Pedro Street, Los Angeles, CA

MLS# 26999373

6701 S San Pedro Street, Los Angeles, CA 90003 - $1,650,000 · 16 bd 8 ba Multi-Family Home for Sale, photo 1 6701 S San Pedro Street, Los Angeles, CA 90003 - $1,650,000 · 16 bd 8 ba Multi-Family Home for Sale, photo 2 6701 S San Pedro Street, Los Angeles, CA 90003 - $1,650,000 · 16 bd 8 ba Multi-Family Home for Sale, photo 3 6701 S San Pedro Street, Los Angeles, CA 90003 - $1,650,000 · 16 bd 8 ba Multi-Family Home for Sale, photo 4 6701 S San Pedro Street, Los Angeles, CA 90003 - $1,650,000 · 16 bd 8 ba Multi-Family Home for Sale, photo 5
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Description

6701 S San Pedro is an eight-unit apartment complex located in South Los Angeles, near Gage and east of the110 freeway. The building has an excellent unit mix of (2) 4 bedroom - 2 bath units, (2) 4 bedroom -1.5 bath units, (3) 3bedroom 1.5 bath units and 1-3 bedroom 1 bath unit. The complex is huge, boasting 10,670 square feet for an average of over 1,300 square feet per unit. The structure is situated on a corner lot and contains 7,040 square feet. Tenants will appreciate the large parking area behind the apartments. The building is in good condition, shows well and stands out in the area. Currently, the property is producing $13,845 per month. However, because the rents are substantially below market, this property has a market GRM of 6.03 and a market CAP of 12.67%. This is outstanding opportunity for an investor that understands how to utilize strategies to get the rents to market and enjoy double digit returns

Property details

Bedrooms
16
Bathrooms
8
Square feet
10,670
Year built
1929
Property type
Residential Income
Lot size
7,040 sqft

Location

6701 S San Pedro Street • Los Angeles, CA 90003

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Listing Agent

Jerome McAlpin

DRE #: 00939725

Brokerage: McAlpin & Company

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CRMLS

MLS# 26999373

Listed: 10/10/2026 4:41 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/17/2026 12:14 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: McAlpin & Company

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715