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28710591
29816201

2600 S. San Pedro St, Los Angeles, CA 90011

MM
CA CA 01972547
Colliers - Los Angeles - Downtown, California
Colliers - Los Angeles - Downtown, California
Listed by Colliers - Los Angeles - Downtown, California
$6,750,000
185 days on market
Updated 80 days ago
Opportunity zone

2600 S. San Pedro St

Details
APN 5128-017-010
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building
Square Footage 21,876
Net Rentable (SqFt) 19,490
Units 37
Occupancy 92%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 7.91%
Pro-Forma NOI $534,140
Price per SqFt $309
Broker Co-Op Yes
Year Built 1914
Year Renovated 2019
Buildings 1
Stories 2
Lot Size (SqFt) 15,014
Zoning C2-1VL-CPIO (Commercial)
Parking Spaces 0 spaces
Investment Type Stabilized
Tenant Credit Franchisee
Ownership Fee Simple
Sale Condition For sale by owner

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

Listing Contacts

MM
CA CA 01972547
Colliers - Los Angeles - Downtown, California
Colliers - Los Angeles - Downtown, California
Listed by Colliers - Los Angeles - Downtown, California

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Additional Information

Name
Mick Moody
License
CA 01972547
Brokerage
Colliers
Brokerage Phone
3107174695
Title
Investment & Redevelopment Services
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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