11167 S San Pedro, Los Angeles, CA 90061

$699,999

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List Price
$699,999
Status
ACTIVE
MLS#
PW26136385
Year Built
1993
Lot Size
4,484
Acres
0.10
Lot Location
0-1 Unit/Acre
Days on Market
40
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

This duplex presents a fantastic, stable investment opportunity in the heart of the Southeast Los Angele area. With two well-maintained 2-bedroom, 1-bathroom units, the property is fully occupied, providing immediate, consistent cash flow for any investor looking to skip the search for tenants and start earning from day one. The property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), offering owners significantly more flexibility in managing rental rates and property operations. Situated on a 4,484-square-foot lot with versatile LAR2 zoning, the property offers both long-term value and strategic growth potential. Residents enjoy a convenient lifestyle with excellent access to major freeways for an easy commute to Downtown LA, close proximity to local schools like Samuel Gompers Middle School, and nearby access to essential shopping, dining, and public transit.This property is perfectly suited for an investor or contractor eager to apply their expertise to a project with strong growth potential in a high-demand, non-RSO rental market. Subject to interior inspection. Photos Coming Soon.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Roof
Shingle
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$45,924
Operating Expense
12200

Listing courtesy of Listing Agent: Jasmine Griffin (jasminegrif01@gmail.com) from Listing Office: Circle Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.