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Listed by: Carlos Villegas (661) 619-7335 DRE #01775788 | eXp Realty of California Inc (888) 584-9427
$1,760,000
16 Beds
- 8 Baths
4,664sqft
9823 S Main St, Los Angeles, CA 90003
$1,760,000
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Multi Family
Built in 1956
$-- HOA
6,046 sqft lot
$377/sq.ft
Description
MOTIVATED SELLER! BEST PRICED UNITS IN THE DIRECT AREA! Incredible opportunity to acquire a well-maintained 8-unit apartment building in the heart of South Los Angeles, offering significant upside in rental income. Each of the 8 units features 2 bedrooms and 1 bathroom, currently occupied by long-term tenants at below-market rents, presenting a clear path for future rental growth. Five of the units are Section 8, providing stable, government-backed rental income with room for approved increases. This asset is ideal for investors seeking immediate cash flow with value-add potential. With low maintenance requirements and competitive pricing, this property is poised for re...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1956
HOA Fees
-
Finished Area
4,664 sqft
Lot Size
6,046 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25599939
MLS Status
Active
Days on Market
41
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