8418 South. Main St., Los Angeles, CA 90003 - OC24050780 - iPro Real Estate

8418 South. Main St.
Los Angeles, CA 90003

Active, Multi-Family/Income Sale

For Sale

$2,200,000 $406.35 per sqft

Free Professional CMA

Listing ID : OC24050780

  • Garage

    2
  • Lot Size

    5,414 Sqft
  • Year

    2023

Description

Brand new 4-unit, 2 detached buildings! This is NOT subject to any rent control or affordable housing restrictions! What a great opportunity Two duplexes on one lot in one of the quickest growing neighborhoods in all of Los Angeles. The subject property is 6,514 square foot build (approximately 6,000 livable) a 43x126 lot (5,420 sq feet) with a 10-foot SIDE ALLEY zoned C2 that sits on the cross streets of 84th Place and Main St. . The four-unit is a mix of two 4-bedroom / 2.5 baths, one 4-bedroom / 4-bath with a large family room, one 3-bedroom / 3-bath, 6 open parking spots, and a tandem two-car garage. There are a total of 8 parking spots or 2 spots per unit. Option to increase your net operating by converting the garage into an ADU creating the 5th unit. Main Street is the main artery into all the development going in downtown and a quick drive to the new Clippers and Rams Stadium. The site is 5 miles away from the new Clippers arena and just 4 miles from the Rams NFL stadium. 5 miles from the coveted university of Southern California, and 1 Billion dollar improvement, the Lucas Museum. Comparable 4-unit builds in this area are selling upwards of 2.4 million.

Details

Type: Multi-Family/Income Sale 
Subdivision: C37 - Metropolitan South 
County: Los Angeles 
Tax ID: 6030013028
Days on Market: 74 
AltCal ID: CROC24050780 
Laundry: 38 
Number of Buildings: 2 
Number of Units: 4 
Parking Spaces: 2 
Property Type: Commercial Sale 
Sub Type: Fourplex 
Water: District - Public 

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33.974442 -118.273933 $2,200,000 OC24050780
8418 South. Main St., Los Angeles, CA 90003
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Listed by Mert Malki with ARI Financial Inc

Based on information from the MLSListings MLS) as of 5/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 5/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes