$1,925,000

10401 S San Pedro, Los Angeles, CA 90003

  • 6 beds |
  • 6 baths |
  • 6,194 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1934
  • Property Lot Size Icon3,737sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $311/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

THE SAN PEDRO PROJECT | Value-Add Mixed-Use | $450K+ Equity Opportunity THE OPPORTUNITY Lawson-Hayes Realty is pleased to present 10401 S. San Pedro Street, an aggressively priced mixed-use corner asset in the high-demand 90003 zip code. Featuring a ±1,678 SF retail storefront and three (3) residential units, this ±7,400 total usable SF property is a premier "blank canvas" for a value-add investor or an owner-user seeking a high-equity position. THE VISION: AN EQUITY PLAY Priced at $1,925,000, the asset is positioned significantly below the $2.38M – $2.7M Stabilized Market Value. The listing offers a clear path to forced appreciation: Residential Modernization: Renovate the 3 residential units to capture $2,600+ market rents (consistent with 90003 comps for 2026). Retail/Basement Optimization: Leverage the ±1,206 SF finished basement as creative production space to maximize commercial rental yield. Curb Appeal & Branding: High-visibility corner lot with massive signage potential on a primary LA corridor. THE BUSINESS: "THE T-SHIRT SPOT" (Available Separately) Available for $150,000 (MLS #SR25245267), this turn-key apparel business makes the property: SBA 504/7(a) Eligible: Perfect for owner-operators to secure 90% financing with low down payments. Versatile Delivery: Retail and one residential unit can be delivered VACANT at COE, allowing for immediate repositioning or owner-occupancy. INVESTMENT HIGHLIGHTS Massive Functional Space: 6,194 SF GBA + 1,206 SF Basement = ±7,400 Usable SF. Unbeatable Basis: Priced at only $260/SF (Total Usable)—nearly 50% below 2026 replacement costs. Proven Market Yield: Pro-Forma NOI of $104,136 provides a rock-solid 5.41% Cap Rate—outperforming the LA market average. RSO Upside: Built in 1934; the significant "Loss-to-Lease" creates a quantifiable path to wealth through stabilization. FINANCIALS & DUE DILIGENCE A full Offering Memorandum (OM)—including the $104K Pro-Forma model and itemized renovation budget—is available upon request. SUBMIT SUBJECT TO INSPECTION. Buyer to verify all square footage, unit mix, and zoning (LARD2).

Listing Status:
Active
Date Added:
October 24, 2025
Data Last Updated:
May 20, 2026 at 1:16PM
Listing Office:
Adlai Hayes : 818-863-0799
Listing Agent:
Adlai Hayes : 818-863-0799
MLS ID:
SR25245267
  • Laundry: See Remarks
  • Basement: Finished
  • A/C: See Remarks
  • Fireplace: None
  • Pool: None
  • Parking: Parking spaces: 0
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • School District: Los Angeles Unified
  • County: Los Angeles
  • Zoning: 6063018035
  • View: None
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Adlai Hayes , Adlai Hayes

Monthly Payment

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  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
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