6617 S San Pedro St Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $8,907/month
Total Views
7,305
3
Beds
5
Baths
480
Sq Ft
$3,229
Price per Sq Ft
Highlights
- Automatic Gate
- High Ceiling
- Central Heating and Cooling System
- City View
- ADA Compliant
- Laundry Facilities
About This Home
6611-6617 S San Pedro Street. This is a rare opportunity to acquire a large 10,619 square foot lot, consisting of two separate parcels with individual APNs, offering flexibility to sell together or separately. The property includes two structures: a 3,780 square foot warehouse and a 480 square foot residential unit featuring 3 bedrooms and 1 bathroom. The site also includes a commercial-grade kitchen, a total of 5 bathrooms, 12 secured parking spaces, and is protected by an electric gate.Zoned LAR4, the property is ideally suited for redevelopment under programs like ED1 or CHIP, making it an excellent opportunity for investors and developers. The site benefits from a long-term single tenant currently paying $10,000 per month under a 3-year lease, with a property tax exemption in place, providing immediate and stable income.Strategically located across from an elementary school and near the busy Florence Avenue corridor and El Super market, the property sits in a high-visibility, high-traffic area with strong community infrastructure. This is a versatile asset with great potential for multifamily, mixed-use, or adaptive reuse development.
Listing Agent
Keller Williams Beverly Hills License #02122389 Listed on: 04/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,152
Year Built
- Built in 1943
Lot Details
- 5,113 Sq Ft Lot
- East Facing Home
- Gated Home
- Front Yard
- Property is zoned LAR4
Interior Spaces
- 480 Sq Ft Home
- 1-Story Property
- High Ceiling
- City Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 5 Bathrooms
Parking
- 12 Parking Spaces
- Automatic Gate
- On-Street Parking
Utilities
- Central Heating and Cooling System
- Central Water Heater
Additional Features
- ADA Compliant
- City Lot
Community Details
- 2 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 6011-002-032
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,152 | $332,928 | $291,312 | $41,616 |
| 2024 | $4,152 | $326,400 | $285,600 | $40,800 |
| 2023 | $4,075 | $320,000 | $280,000 | $40,000 |
| 2022 | $4,195 | $340,000 | $280,000 | $60,000 |
| 2021 | $138 | $121,638 | $120,202 | $1,436 |
| 2019 | $136 | $118,033 | $116,638 | $1,395 |
| 2018 | $168 | $115,719 | $114,351 | $1,368 |
| 2016 | $127 | $111,227 | $109,911 | $1,316 |
| 2015 | $126 | $109,558 | $108,261 | $1,297 |
| 2014 | $129 | $107,413 | $106,141 | $1,272 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $1,550,000 | -- | $3,229 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $920,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: The MLS
MLS Number: 25530355
APN: 6011-002-032
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