5510 S San Pedro Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$640,000
5510 S San Pedro Street, Los Angeles, California 90011
0Bed
0Bath
1,648Sqft
5,731Lot
Year Built
1921
Close
-
List price
$640K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25061538
Home ConditionPoor
Features
Patio
View-
About this home
Versatile Duplex in the Heart of South Los Angeles Discover a prime investment opportunity at 5510 S San Pedro Street, Los Angeles, CA 90011. This charming duplex, built in 1921, offers a total of 1,648 square feet of living space on a 5,731-square-foot lot. Each unit features 2 bedrooms and 1 bathroom, providing comfortable accommodations for tenants or extended family. Location: Situated in a vibrant South Los Angeles neighborhood, close to schools, parks, and public transportation. Priced at $640,000, this property presents a valuable opportunity for investors or homeowners seeking additional income streams. Don't miss out on this versatile duplex in a sought-after location.
Nearby schools
5/10
Estrella Elementary School
Public,•K-5•0.2mi
2/10
Main Street Elementary School
Public,•K-5•0.3mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.6mi
2/10
Aurora Elementary School
Public,•K-5•0.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.0mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.1mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.1mi
2/10
Harmony Elementary School
Public,•K-5•1.2mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•1.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.3mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.4mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.4mi
3/10
George Washington Carver Middle School
Public,•6-8•0.9mi
2/10
John Muir Middle School
Public,•6-8•1.3mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.8mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.5mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.6mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.6mi
3/10
Manual Arts Senior High School
Public,•9-12•1.7mi
5/10
Santee Education Complex
Public,•9-12•2.6mi
Price History
Date
Event
Price
05/09/18
Sold
$366,000
07/03/14
Sold
$390,000
11/01/13
Sold
$200,002
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,648 | 1,988 | 25% |
| Lot Size | 5,731 | 5,364 | 79% |
| Price | $640K | $705K | 33% |
| Price per square foot | $388 | $348.5 | 58% |
| Built year | 1921 | 9610962 | 46% |
| HOA | |||
| Days on market | 226 | 178 | 63% |
Condition Rating
Poor
Built in 1921, this property is over 100 years old with no indication of major recent renovations. The exterior images show significant age, wear, and deferred maintenance, including dated finishes and worn surfaces. Crucially, there are no interior images provided, which strongly suggests that the kitchen, bathrooms, and other interior spaces are severely outdated, likely original or minimally updated decades ago, and in need of substantial repairs and rehabilitation. Major systems (electrical, plumbing, HVAC) are almost certainly very old and would require extensive upgrades to meet modern standards and safety, making the property uncomfortable and potentially unsafe in its current state.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering immediate income potential for investors or an owner-occupant seeking rental offset.
Strategic Urban Location: Situated in a vibrant South Los Angeles neighborhood with convenient access to schools, parks, and public transportation.
Recent Price Reduction: A significant price drop from the original list price ($699,000 to $640,000) enhances its value proposition for buyers.
Versatile Investment Profile: Appeals to a wide range of buyers, from seasoned investors to first-time owner-occupants looking for an income stream.
Substantial Lot Size: The 5,731 sqft lot provides ample outdoor space and potential for future expansion or landscaping improvements.
Cons
Historic Property Condition: Built in 1921, the property is over 100 years old, likely requiring substantial investment for system upgrades and modernization.
Limited Bathroom Configuration: Each unit features only one bathroom, which may be a functional limitation for larger families or multiple tenants.
Potential for Deferred Maintenance: The age of the property, without mention of recent renovations, suggests a likelihood of deferred maintenance and necessary capital expenditures.