8207 S San Pedro St, Los Angeles, CA 90003
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8207 S San Pedro St Los Angeles, CA 90003

$645,000 Sold Price as of 09/08/2020
  • 9 Beds
  • 5 Baths
  • 3,740 Sq.Ft.
Sold
$645,000 Sold Price as of 09/08/2020 Refinance Your Mortgage

Map preview of 8207 S San Pedro St, Los Angeles, CA 90003

Property Overview: 8207 S San Pedro St Los Angeles, CA has 9 bedrooms, 5 bathrooms, 3,740 living square feet and 5,097 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Rental Income Opportunity...Mixer.. 4 residential units all four units consist of 2 bedroom with one bath 5th unit is a commercial.. The commercial was a Water Store before and all equipment/ system still in the store,Owner user can lease it as a Barber shop, Small dentist office, 99 cent Drift store or use as a Dispensary located on front lower level on San Pedro St. The cap rate and grss multiplier income is not included with the break down.. Once leased it'll bring more $ with commercial.. Lt's get it SOLD...

Listed by Juan Beltran | BRE #01802418 | C-21 Powerhouse Realty
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
5,097
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW20116678
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $50,000
  • Total Rent: $50,000
  • Pro Forma/Market Rent: $54,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $68,000
  • Net Operating Income: $55,232
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,768
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 8207 S San Pedro St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 6030008014
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: E, MANCHESTER AVE / INTO S, SAN PEDRO ST
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 8207 S San Pedro St

Last sold for $645,000 on September 8th, 2020
  • September, 2020

  • Sep 8, 2020

    Date

    Sold

    CRMLS: DW20116678

    $645,000

    Price

  • Jul 31, 2020

    Date

    Pending

    CRMLS: DW20116678

    $667,500

    Price

  • Jun 16, 2020

    Date

    Active

    CRMLS: DW20116678

    $667,500

    Price

  • September, 2020

  • Sep 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $645,000

    Price

  • March, 2020

  • Mar 22, 2020

    Date

    Expired

    CRMLS: DW20005774

    $670,000

    Price

  • Feb 18, 2020

    Date

    Price Change

    CRMLS: DW20005774

    $670,000

    Price

  • Jan 24, 2020

    Date

    Active

    CRMLS: DW20005774

    $683,500

    Price

  • Jan 20, 2020

    Date

    Pending

    CRMLS: DW20005774

    $683,500

    Price

  • Jan 9, 2020

    Date

    Active

    CRMLS: DW20005774

    $683,500

    Price

  • Listing provided courtesy of CRMLS

    Mixer.. 4 residential units and one commercial.. Great opportunity commercial can be rented as a Water Store or use as a Dispensary located on front lower level on San Pedro St. The cap rate and grss multiplier income is not included with the break down.. Once leased it'll bring more $ with commercial.. Lt's get it SOLD...

  • March, 2020

  • Mar 22, 2020

    Date

    Expired

    CRMLS: DW20003385

    $670,000

    Price

  • Feb 18, 2020

    Date

    Price Change

    CRMLS: DW20003385

    $670,000

    Price

  • Jan 6, 2020

    Date

    Active

    CRMLS: DW20003385

    $683,500

    Price

  • Listing provided courtesy of CRMLS

    Mixer.. 4 residential units and one commercial.. Great opportunity commercial can be rented as a Water Store or use as a Dispensary located on front lower level on San Pedro St. The cap rate and grss multiplier income is not included with the break down.. Once leased it'll bring more $ with commercial.. Lt's get it SOLD...

  • December, 2019

  • Dec 31, 2019

    Date

    Expired

    CRMLS: DW19207316

    $694,000

    Price

  • Aug 29, 2019

    Date

    Active

    CRMLS: DW19207316

    $694,000

    Price

  • Listing provided courtesy of CRMLS

    Mixer.. 4 residential units and one commercial.. Great opportunity commercial can be rented as a Water Store or use as a Dispensary located on front lower level on San Pedro St. If needed it can be restore back to a 2 bedroom 1 bath but it brings you more $ with commercial.. Lt's get it SOLD...

  • June, 2019

  • Jun 3, 2019

    Date

    Canceled

    CRMLS: DW19049864

    $709,000

    Price

  • Apr 27, 2019

    Date

    Price Change

    CRMLS: DW19049864

    $709,000

    Price

  • Mar 5, 2019

    Date

    Active

    CRMLS: DW19049864

    $719,500

    Price

  • Listing provided courtesy of CRMLS

    Huge Price reduction..... Don't miss this big opportunity!! Long term tenants... Great Business opportunity. Here you will find a total of 5 different sources of income. We have 4 units each 2 bedroom 1 bathroom currently rented and the 5 unit was converted for commercial use. It is being rented as a Water Store or use as a Dispensary located on front lower level on San Pedro St. If needed it can be restore back to a 2 bedroom 1 bath but it brings you more $ with commercial.. Lt's get it SOLD...

  • March, 2019

  • Mar 5, 2019

    Date

    Canceled

    CRMLS: DW18293050

    $729,500

    Price

  • Jan 23, 2019

    Date

    Price Change

    CRMLS: DW18293050

    $729,500

    Price

  • Dec 18, 2018

    Date

    Active

    CRMLS: DW18293050

    $736,500

    Price

  • Listing provided courtesy of CRMLS

    Reduced price big opportunity!! Long term tenants... Great Business opportunity. Here you will find a total of 5 different sources of income. We have 4 units each 2 bedroom 1 bathroom currently rented and the 5 unit was converted for commercial use. It is being rented as a Water Store or use as a Dispensary located on front lower level on San Pedro St. If needed it can be restore back to a 2 bedroom 1 bath but it brings you more $ with commercial.. Lt's get it SOLD

  • December, 2018

  • Dec 18, 2018

    Date

    Canceled

    CRMLS: DW18254473

    $743,000

    Price

  • Nov 26, 2018

    Date

    Price Change

    CRMLS: DW18254473

    $743,000

    Price

  • Oct 19, 2018

    Date

    Active

    CRMLS: DW18254473

    $751,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCTION.. Great Business opportunity. Here you will find a total of 5 different sources of income. We have 4 units each 2 bedroom 1 bathroom currently rented and the 5 unit was converted for commercial use. It is being rented as a Water Store or use as a Dispensary located on front lower level on San Pedro St. If needed it can be restore back to a 2 bedroom 1 bath but it brings you more $ with commercial.. Lt's get it SOLD

  • October, 2018

  • Oct 13, 2018

    Date

    Expired

    CRMLS: DW18160886

    $761,000

    Price

  • Jul 5, 2018

    Date

    Active

    CRMLS: DW18160886

    $761,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all New and Experienced Investors ! This is the opportunity you were you looking for ! Here you will find a total of 5 different sources of income. We have 4 units each 2 bedroom 1 bathroom currently rented and the 5 unit was converted for commercial use. It is being rented as a Water Store or use as a Dispensary located on front lower level on San Pedro St. If needed it can be restore back to a 2 bedroom 1 bath but it brings you more $ with commercial.. Lt's get it SOLD

  • September, 2018

  • Sep 27, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2018

  • Sep 22, 2018

    Date

    Expired

    CRMLS: DW18064470

    $761,000

    Price

  • May 23, 2018

    Date

    Price Change

    CRMLS: DW18064470

    $761,000

    Price

  • Mar 21, 2018

    Date

    Active

    CRMLS: DW18064470

    $767,000

    Price

  • Listing provided courtesy of CRMLS

    This is a Perfect opportunity for owning a business and having rental income! This property has a successful water shop/ it is not open yet located at street level. The 4 units are all rented with long time tenants & most of the units are located on 2nd floor, each of which has 2 bedrooms and 1 bath each. The property is Located near Schools, Parks, Fast food, Restaurants, and easy access to the 110 FWY & 105 FWY..

  • March, 2018

  • Mar 21, 2018

    Date

    Canceled

    CRMLS: DW17064614

    $775,000

    Price

  • Dec 19, 2017

    Date

    Price Change

    CRMLS: DW17064614

    $775,000

    Price

  • Sep 18, 2017

    Date

    Price Change

    CRMLS: DW17064614

    $785,000

    Price

  • May 13, 2017

    Date

    Price Change

    CRMLS: DW17064614

    $795,000

    Price

  • Mar 28, 2017

    Date

    Active

    CRMLS: DW17064614

    $810,000

    Price

  • Listing provided courtesy of CRMLS

    San Pedro: Perfect opportunity for owning a business and having rental income! This property has a successful water shop located at street level and has 4 different Units located on 2nd floor, each of which has 2 bedrooms and 1 bath each. The property is Located near Schools, Parks, Fast food, Restaurants, and easy access to the 110 FWY & 105 FWY.

  • September, 2017

  • Sep 16, 2017

    Date

    Expired

    CRMLS: RS17053308

    $819,990

    Price

  • Jun 20, 2017

    Date

    Withdrawn

    CRMLS: RS17053308

    $819,990

    Price

  • Mar 15, 2017

    Date

    Active

    CRMLS: RS17053308

    $819,990

    Price

  • Listing provided courtesy of CRMLS

    Four units that are all 2 bedrooms, 1 bath. Above a fully functioning water store (that is currently closed). In the hustle and bustle, must see to appreciate.

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Tax History for 8207 S San Pedro St

Assessed Value (2020): $669,000
Year Land Value Improved Value Assessed Value
2020 $386,000 $283,000 $669,000

Home Value Compared to the Market

This property vs the competition

8207 S San Pedro St sold on September 8, 2020 for 40.93% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $178.48 per/sqft which puts the price per square foot 76.33% lower than the current median sale per square foot for the city of Los Angeles.

About 8207 S San Pedro St

Detailed summary of property

8207 S San Pedro St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 3,740 living square feet, and sits on an approximately 5,097 square foot lot. 8207 S San Pedro St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $645,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 40.93% lower than the current median priced home. Local homes that are currently for sale include 424 E 61st Street, 6211 S Broadway and 440 W Gage Ave. While the average home in Los Angeles, CA is selling in 99 days, 8207 S San Pedro St has a days on market of 45 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 8207 S San Pedro St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8207 S San Pedro St

Public county record property details
Beds
--
Baths
--
Year built
1928
Sq. Ft.
3,740
Lot Size
5,096
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
6030-008-014

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$583
Median Sold Price
$535,000
Median Sold Price/Sq.Ft.
$575
Total Inventory
42
Median Sale to List Price %
101.9%
Avg Days on Market
34
Loan Type
Conventional (0%), FHA (11.11%), VA (11.11%), Cash (44.44%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.