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.
Property Details
Price:
$1,550,000
MLS #:
25530355
Status:
Active
Baths:
0
Address:
6617 S San Pedro Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Apr 25, 2025
State:
CA
ZIP:
90003
Lot Size:
5,113 sqft / 0.12 acres (approx)
Year Built:
1943
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Schools
Interior
Accessibility Features
Customized Wheelchair Accessible
Appliances
Refrigerator
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Lot Features
Front Yard
Parking Features
Auto Driveway Gate, Gated, Parking Space, Street
Parking Spots
12.00
Pool Features
None
Security Features
Gated Community, Automatic Gate
Spa Features
None
Stories Total
1
View
City Lights
Financial
Tenant Pays
Gas, Insurance, A D A Upgrades, Electricity, Trash Collection
Map
Community
- Address6617 S San Pedro Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
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6617 S San Pedro Street
Los Angeles, CA
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