Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,532 sqft

Lot size

5,195 sqft

Year built

1949

Stories

0

Style

Contemporary

Heating

None

Cooling

None

Status

Active

Days on market

46

MLS #

246077016

About this property

Rare value-add opportunity on an LAR4-zoned lot. Existing office building requires substantial renovation and is ideal for an owner-user, investor, or developer. Potential for approximately 13 units by right or up to 26 units through a qualifying ED1 affordable housing project (buyer to verify). LAR4 zoning also allows for a variety of additional residential development opportunities.

Location

9511 S San Pedro Street

Los Angeles, Los Angeles, CA, 90003