2600 S. San Pedro St
Southern Downtown Los Angeles | Mixed-Use Retail/Multifamily | 7.9% on Proforma NOI
Marketing description
2600 S San Pedro offers investors a somewhat stabilized mixed-use property with diversified income from both commercial and residential tenants. Located minutes from Downtown Los Angeles and the USC campus, the property lies in a rapidly evolving corridor benefiting from urban revitalization and infrastructure improvements.
The subject property sits in the heart of South Los Angeles, less than 2 miles from downtown Los Angeles, and along the major north-south artery of San Pedro Street. The one-mile radius includes a dense urban grid of retail, multifamily, and mixed-use buildings. It’s walkable, transit accessible, and shows strong signs of near-term upside.
2600 S San Pedro Street is a two-story mixed-use commercial and multifamily property located in the active South Los Angeles submarket, less than 2 miles from downtown Los Angeles. The property features 17 residential units and 20 commercial units across approximately 21,876 square feet of building area situated on approximately 15,014 square feet of land. Originally built in 1914 and renovated in 2019, the property showcases updated mechanical systems, enhanced exterior façade, and improved interior spaces.
Investment highlights
Mixed-use asset with dual income streams
Below-market rents offering upside potential
Strong in-place yield and attractive 7.9% cap rate (2026 Proforma NOI)
Proximity to USC, LA Trade-Tech, and Downtown Los Angeles
Excellent access to I-10 and I-110 Freeways
Dense residential and commercial surroundings supporting retail demand
Corner visibility and street presence at signalized intersection
Proximity to major employment and infrastructure
Strong in-place income with upside potential
Walk Score: 91 (Walker's Paradise)
Transit Score: 77 (Excellent Transit)
Bike Score: 71 (Very Bikeable)
Stable tenant base with upside through lease-up and rent adjustments
Residential units consist of upgraded studios and one-bedroom apartments with modern interiors
Renovated in 2019
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