Asking Price: $1,925,000

"Investment Opportunity: Diamond in the Rough" HIGH-UPSIDE MIXED-USE | LARD2 Value-Add Investment | Owner-User Opportunity 10401 S. San Pedro Street, Los Angeles, CA 90003 | LIST PRICE: $1,925,000 Zoning: LARD2 (Up to 4 Units) Total Functional Square Footage: 7,460 SF Investment and Owner-User Opportunity This aggressively priced corner lot mixed-use asset (Built 1934 ) includes one commercial/retail building and three residential units, offering an immediate path to superior returns. The listing price of $1,925,000 is positioned substantially below the calculated $2.38M Stabilized Market Value, guaranteeing immediate equity for the sophisticated buyer.   Maximum Functional Space: Total usable area is 7,460 SF, comprising the 6,194 SF GBA (per Assessor records) plus a critical 1,206 SF finished basement. This space enhances the utility for the existing or similar commercial/light-industrial operation (e.g., The T-Shirt Spot).   Immediate Value-Add (RSO): The property is subject to RSO (built 1934 ), but offers significant upside: 1 vacant residential unit allows the new owner to set the initial rent at full market rate. The two occupied units are severely under-rented, creating a massive, quantifiable Loss to Lease that converts to future income upon tenant turnover. Target Buyer: Ideal for a commercial Owner-User who can subsidize operating costs with three streams of residential income, or an Investment Buyer focused on executing a stabilization strategy. Condition Transparency: Price is competitively set to reflect the owner-reported $50,000 deferred maintenance liability. FINANCIALS: Full Pro Forma stabilization model, demonstrating the NOI upside and stabilized CAP rate potential, is available upon request. Do not miss this opportunity to acquire a cash-flow accelerating asset. SUBMIT SUBJECT TO INSPECTION. Buyer to verify all square footage, unit mix, zoning, and potential repair costs. Don't miss out on this fantastic opportunity to expand your portfolio!