4257 San Pedro Pl · Los Angeles, CA 90011

$1,075,000

60 bd · 4.0 ba · 3,154 sqft · MultiFamily public records · 122 Days on market

Built 1913 5,521 sqft lot $341/sqft · 39% above area Est $1037k · at est.

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +5.8/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +0.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 6 units. confirmed

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

Excellent opportunity to acquire a remodeled 6-unit residential income property in the heart of Los Angeles—conveniently located near USC, Los Angeles Coliseum, BMO Stadium, Downtown LA, Fashion District, Crypto.com Arena, Dodger Stadium, and more. Ideal for investors seeking a strong rental portfolio and/or owner-user potential in a high-demand rental market. The property features two separate buildings with frontage on San Pedro Pl and Wall St, plus dual access from both streets. Recent improvements include new windows and new stucco, with additional upgrades throughout. The three units that are going to be delivered vacant will be moving ready. Unit Mix: Four (4) units: 2 Bedrooms / 1 Bath Two (2) units: 1 Bedroom / 1 Bath Vacancy: TWO (2) units delivered vacant — two (2) 2BR/1BA and , offering immediate upside potential through market rents or a convenient owner-occupy option. Don’t miss this rare Los Angeles multi-unit opportunity—perfect for long-term hold, rental growth, and portfolio expansion

Key facts

• 5,521 sq ft lot
• Built 1913
• Listed 122 days

What this means for you Summary

Snapshot

• This is a 6 × 10-bed/?-bath units multifamily listed at $1.07M.

Deal economics

• At list price, monthly cash flow is $9k ($106k/yr) — positive. Per door: $1k/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($19k rent vs $1.07M).
• Recommended offer: $946k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.2% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents falling (-8.2%/yr); 126 active listings in the ZIP; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $19,275/mo this rent would consume 392% of the median local household income ($59k/yr) (locally 5930% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $7k of loan paydown is wiped out by about $32k of value loss. Plan a longer hold.
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $301k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 122 days — a 12% lower offer ($946k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $175k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $1.07M implies a 1094% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1913 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $946,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 122 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.79% ✓
• Cap rate: 16.17%
• Cash-on-cash: 35.26%
• DSCR: 2.57
• GRM: 4.6

CMA / ARV

• ARV (median comp): $1,036,621
• List price: $1,075,000
• Delta: 3.70%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 27.6%
• Equity multiple: 2.10×
• Total profit: $332,337
• Equity at exit: $160,286

10-year hold

• IRR: 33.4%
• Equity multiple: 3.64×
• Total profit: $795,092
• Equity at exit: $92,946

Cash invested: $301,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 90011

• Rents YoY: -8.2%
• Active inventory: 126
• Price-to-rent: 27.9×

Monthly cashflow live

• Estimated rent: $19,275 medium
• Mortgage (P&I): −$5,637
• Tax from tax record: −$296 /mo · $3,557/yr
• Insurance: −$448
• HOA: −$0
• Vacancy / Maint / Mgmt: −$4,048
• Net cashflow: $8,845

Break-even live

Break-even rent $8,078

Max offer price $1,075,000

Occupancy floor 49%

6-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 6× units	10	—	$19,272
Total (6 units)			$19,275

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $268,750
• Closing costs: $32,250
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $1,075,000 Active 122 DOM
2. 2026-06-17
   days on market $1,075,000 Active 121 DOM
3. 2026-06-16
   days on market $1,075,000 Active 120 DOM
4. 2026-06-15
   days on market $1,075,000 Active 119 DOM
5. 2026-06-13
   days on market $1,075,000 Active 117 DOM
6. 2026-06-09
   days on market $1,075,000 Active 113 DOM
7. 2026-06-08
   days on market $1,075,000 Active 112 DOM
8. 2026-06-07
   days on market $1,075,000 Active 111 DOM
9. 2026-06-04
   days on market $1,075,000 Active 108 DOM
10. 2026-06-03
    days on market $1,075,000 Active 107 DOM
11. 2026-06-02
    days on market $1,075,000 Active 106 DOM
12. 2026-06-01
    days on market $1,075,000 Active 105 DOM
13. 2026-05-31
    days on market $1,075,000 Active 104 DOM
14. 2026-04-29
    price $1,100,000 1045-char remark

    Show marketing remark (1045 chars)

    Excellent opportunity to acquire a remodeled 6-unit residential income property in the heart of Los Angeles—conveniently located near USC, Los Angeles Coliseum, BMO Stadium, Downtown LA, Fashion District, Crypto.com Arena, Dodger Stadium, and more. Ideal for investors seeking a strong rental portfolio and/or owner-user potential in a high-demand rental market. The property features two separate buildings with frontage on San Pedro Pl and Wall St, plus dual access from both streets. Recent improvements include new windows and new stucco, with additional upgrades throughout. The three units that are going to be delivered vacant will be moving ready. Unit Mix: Four (4) units: 2 Bedrooms / 1 Bath Two (2) units: 1 Bedroom / 1 Bath Vacancy: TWO (2) units delivered vacant — two (2) 2BR/1BA and , offering immediate upside potential through market rents or a convenient owner-occupy option. Don’t miss this rare Los Angeles multi-unit opportunity—perfect for long-term hold, rental growth, and portfolio expansion

15. 2026-03-23
    price $1,199,000 1045-char remark

    Show marketing remark (1045 chars)

    Excellent opportunity to acquire a remodeled 6-unit residential income property in the heart of Los Angeles—conveniently located near USC, Los Angeles Coliseum, BMO Stadium, Downtown LA, Fashion District, Crypto.com Arena, Dodger Stadium, and more. Ideal for investors seeking a strong rental portfolio and/or owner-user potential in a high-demand rental market. The property features two separate buildings with frontage on San Pedro Pl and Wall St, plus dual access from both streets. Recent improvements include new windows and new stucco, with additional upgrades throughout. The three units that are going to be delivered vacant will be moving ready. Unit Mix: Four (4) units: 2 Bedrooms / 1 Bath Two (2) units: 1 Bedroom / 1 Bath Vacancy: TWO (2) units delivered vacant — two (2) 2BR/1BA and , offering immediate upside potential through market rents or a convenient owner-occupy option. Don’t miss this rare Los Angeles multi-unit opportunity—perfect for long-term hold, rental growth, and portfolio expansion

16. 2026-03-21
    status Active 1045-char remark

    Show marketing remark (1045 chars)

    Excellent opportunity to acquire a remodeled 6-unit residential income property in the heart of Los Angeles—conveniently located near USC, Los Angeles Coliseum, BMO Stadium, Downtown LA, Fashion District, Crypto.com Arena, Dodger Stadium, and more. Ideal for investors seeking a strong rental portfolio and/or owner-user potential in a high-demand rental market. The property features two separate buildings with frontage on San Pedro Pl and Wall St, plus dual access from both streets. Recent improvements include new windows and new stucco, with additional upgrades throughout. The three units that are going to be delivered vacant will be moving ready. Unit Mix: Four (4) units: 2 Bedrooms / 1 Bath Two (2) units: 1 Bedroom / 1 Bath Vacancy: TWO (2) units delivered vacant — two (2) 2BR/1BA and , offering immediate upside potential through market rents or a convenient owner-occupy option. Don’t miss this rare Los Angeles multi-unit opportunity—perfect for long-term hold, rental growth, and portfolio expansion

17. 2026-03-16
    status Active 1045-char remark

    Show marketing remark (1045 chars)

    Excellent opportunity to acquire a remodeled 6-unit residential income property in the heart of Los Angeles—conveniently located near USC, Los Angeles Coliseum, BMO Stadium, Downtown LA, Fashion District, Crypto.com Arena, Dodger Stadium, and more. Ideal for investors seeking a strong rental portfolio and/or owner-user potential in a high-demand rental market. The property features two separate buildings with frontage on San Pedro Pl and Wall St, plus dual access from both streets. Recent improvements include new windows and new stucco, with additional upgrades throughout. The three units that are going to be delivered vacant will be moving ready. Unit Mix: Four (4) units: 2 Bedrooms / 1 Bath Two (2) units: 1 Bedroom / 1 Bath Vacancy: TWO (2) units delivered vacant — two (2) 2BR/1BA and , offering immediate upside potential through market rents or a convenient owner-occupy option. Don’t miss this rare Los Angeles multi-unit opportunity—perfect for long-term hold, rental growth, and portfolio expansion

18. 2026-02-12
    listed $1,250,000 Active 1045-char remark

    Show marketing remark (1045 chars)

    Excellent opportunity to acquire a remodeled 6-unit residential income property in the heart of Los Angeles—conveniently located near USC, Los Angeles Coliseum, BMO Stadium, Downtown LA, Fashion District, Crypto.com Arena, Dodger Stadium, and more. Ideal for investors seeking a strong rental portfolio and/or owner-user potential in a high-demand rental market. The property features two separate buildings with frontage on San Pedro Pl and Wall St, plus dual access from both streets. Recent improvements include new windows and new stucco, with additional upgrades throughout. The three units that are going to be delivered vacant will be moving ready. Unit Mix: Four (4) units: 2 Bedrooms / 1 Bath Two (2) units: 1 Bedroom / 1 Bath Vacancy: TWO (2) units delivered vacant — two (2) 2BR/1BA and , offering immediate upside potential through market rents or a convenient owner-occupy option. Don’t miss this rare Los Angeles multi-unit opportunity—perfect for long-term hold, rental growth, and portfolio expansion

19. 2026-01-27
    historical $1,250,000 1045-char remark

    Show marketing remark (1045 chars)

    Excellent opportunity to acquire a remodeled 6-unit residential income property in the heart of Los Angeles—conveniently located near USC, Los Angeles Coliseum, BMO Stadium, Downtown LA, Fashion District, Crypto.com Arena, Dodger Stadium, and more. Ideal for investors seeking a strong rental portfolio and/or owner-user potential in a high-demand rental market. The property features two separate buildings with frontage on San Pedro Pl and Wall St, plus dual access from both streets. Recent improvements include new windows and new stucco, with additional upgrades throughout. The three units that are going to be delivered vacant will be moving ready. Unit Mix: Four (4) units: 2 Bedrooms / 1 Bath Two (2) units: 1 Bedroom / 1 Bath Vacancy: TWO (2) units delivered vacant — two (2) 2BR/1BA and , offering immediate upside potential through market rents or a convenient owner-occupy option. Don’t miss this rare Los Angeles multi-unit opportunity—perfect for long-term hold, rental growth, and portfolio expansion

20. 2025-11-30
    historical
21. 2025-09-29
    listed $1,389,000 Active
22. 1995-05-24
    soldstatus $90,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $3,557 · $296/mo
• Projected year-2 tax: $8,170 · $681/mo
• Expected delta: +$4,613/yr (+$384/mo · 129.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥88°F today · 22 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $231,300
• − Mortgage interest: −$60,217
• − Property taxes: −$3,557
• − Insurance: −$5,375
• − Repairs & maintenance: −$18,504
• − Management: −$18,504
• − Depreciation: −$31,273
• Taxable income: $93,870
• Est. tax owed @ 24.0%: −$22,529
• After-tax cash flow: $83,617/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 100,113
• Household income: $59,017
• Rent vs Own: 74.4% rent · 25.6% own
• Severe rent burden: 5930.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (92%)
• Race & ethnicity: Hispanic / Latino 92% Two or more races 26% Black 6% Native American 2%
• Hispanic origin (detail): Mexican 67%
• Foreign-born: 45% · Canada, South Korea
• Languages at home: 13% English-only · Spanish 86%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -636.62%
• Current HPI: 477.6496
• Rent YoY: ▼ -8.20%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+1122.2% since first listed

9 events — show timeline

• 2026-04-29 Price Changed $1,100,000 CRMLS
• 2026-03-23 Price Changed $1,199,000 CRMLS
• 2026-03-21 Relisted — CRMLS
• 2026-03-16 Relisted — CRMLS
• 2026-02-12 Listed $1,250,000 CRMLS
• 2026-01-27 Coming Soon $1,250,000 CRMLS
• 2025-11-30 Listing Removed — CRMLS
• 2025-09-29 Listed $1,389,000 CRMLS
• 1995-05-24 Sold (Public Records) $90,000 Public Records

Property tax history

+1.9%/yr

Latest (2025): $3,557 · +2.3% YoY. Source: county tax records.