3721 S San Pedro Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$2,250,000
3721 S San Pedro Street, Los Angeles, California 90011
0Bed
0Bath
5,986Sqft
6,002Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction & Turnkey Investment: Built in 2023, this brand-new quadruplex offers modern standards, minimal immediate maintenance, and is presented as a turnkey income property, appealing to investors seeking immediate cash flow.
Top Cons:
Lack of Premium Views: The property description indicates 'None' for views, with front units offering only 'street-facing views,' which may not appeal to buyers seeking panoramic or scenic vistas common in parts of Los Angeles.
Compared to the nearby listings
Price:$2.25M vs avg $672.0K (+$1,578,000)96%
Size:5,986 sqft vs avg 2,042 sqft96%
Price/sqft:$376 vs avg $34562%
More Insights
Built in 2023 (2 years old).
Condition: This property is brand new construction, built in 2023, which immediately places it in the highest quality category. The images confirm a pristine condition with modern finishes throughout. The kitchen features new stainless steel appliances, white shaker cabinets, and light countertops, all in excellent, contemporary style. Bathrooms are equally updated with modern vanities, fixtures, and marble-look tile showers. The property boasts desirable features like central AC/heating, vinyl flooring, recessed lighting, tankless water heaters, and paid-off solar panels, indicating no deferred maintenance and meeting the highest current quality standards.
Year Built
2023
Close
-
List price
$2.25M
Original List price
$2.47M
Price/Sqft
$376
HOA
-
Days on market
-
Sold On
-
MLS number
OC25085609
Home ConditionExcellent
Features
Patio
View-
About this home
Brand new construction featuring a 4-unit property in a prime Los Angeles location. This setup includes two separate 3-story duplexes, with each unit offering 4 spacious bedrooms with walk-in closets and 4 bathrooms. The second floor in every unit features an open-concept kitchen, dining area, living room, and an additional bathroom. The front units also include balconies with street-facing views. Situated just 5 minutes from the iconic LA Coliseum and around 10 minutes from Downtown LA, with easy access to major freeways. The property includes 8 dedicated parking spaces plus abundant street parking. Each unit is equipped with central AC and heating, microwave, dishwasher, washer/dryer hookups, tankless water heaters, and separate utility meters for water, gas, and electricity. Enjoy vinyl flooring and recessed lighting throughout. Solar panels on each unit are fully paid off, helping reduce electric costs. Ideal for large families or savvy investors seeking a turnkey income property in a highly desirable location.
Nearby schools
3/10
Trinity Street Elementary School
Public,•K-5•0.1mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.1mi
/10
Maple Primary Center
Public,•K-1•0.3mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.4mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.5mi
2/10
Harmony Elementary School
Public,•K-5•0.5mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.6mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.6mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.9mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.0mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.2mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.2mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.3mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.4mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.6mi
4/10
Norwood Street Elementary School
Public,•K-5•1.7mi
2/10
John W. Mack Elementary School
Public,•K-5•1.8mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.6mi
3/10
George Washington Carver Middle School
Public,•6-8•0.7mi
4/10
John Adams Middle School
Public,•6-8•0.8mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.1mi
2/10
John Muir Middle School
Public,•6-8•2.2mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.5mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.0mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.0mi
5/10
Santee Education Complex
Public,•9-12•1.2mi
3/10
Manual Arts Senior High School
Public,•9-12•1.4mi
4/10
West Adams Preparatory High School
Public,•9-12•2.3mi
Price History
Date
Event
Price
06/27/23
Sold
$2,300,000
06/17/22
Sold
$850,000
04/01/22
Sold
$435,000
Condition Rating
Excellent
This property is brand new construction, built in 2023, which immediately places it in the highest quality category. The images confirm a pristine condition with modern finishes throughout. The kitchen features new stainless steel appliances, white shaker cabinets, and light countertops, all in excellent, contemporary style. Bathrooms are equally updated with modern vanities, fixtures, and marble-look tile showers. The property boasts desirable features like central AC/heating, vinyl flooring, recessed lighting, tankless water heaters, and paid-off solar panels, indicating no deferred maintenance and meeting the highest current quality standards.
Pros & Cons
Pros
New Construction & Turnkey Investment: Built in 2023, this brand-new quadruplex offers modern standards, minimal immediate maintenance, and is presented as a turnkey income property, appealing to investors seeking immediate cash flow.
High Income Potential: Comprising four spacious 4-bedroom, 4-bathroom units, each with walk-in closets and open-concept living areas, the property is designed to maximize rental income and accommodate large families or multiple tenants.
Prime Los Angeles Location: Strategically located just 5 minutes from the LA Coliseum and 10 minutes from Downtown LA with easy freeway access, enhancing tenant appeal and long-term property value.
Energy Efficiency & Modern Amenities: Equipped with fully paid-off solar panels, central AC/heating, tankless water heaters, and separate utility meters, significantly reducing operating costs for tenants and owners.
Ample Parking & Desirable Unit Features: The property includes 8 dedicated parking spaces plus abundant street parking, a significant advantage in urban LA, complemented by modern interior finishes like vinyl flooring and recessed lighting.
Cons
Lack of Premium Views: The property description indicates 'None' for views, with front units offering only 'street-facing views,' which may not appeal to buyers seeking panoramic or scenic vistas common in parts of Los Angeles.
Dense Urban Environment Drawbacks: While centrally located, the immediate vicinity on S San Pedro Street near Downtown LA and the Coliseum could imply higher noise levels, traffic, and limited green space, potentially deterring some renters or owner-occupants seeking a quieter residential feel.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price ($2.469M to $2.25M), which might raise questions about its initial valuation or perceived market desirability.