6500 S Main St, Los Angeles, CA 90003
6500 S Main St, Los Angeles, CA 90003
6500 S Main St, Los Angeles, CA 90003
27
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$1,900,000
Est. payment /mo
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20 Beds
12 Baths
6,660 SqFt
Active

6500 S Main St Los Angeles, CA 90003

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,660 sqft

Price per Sqft $285

MLS Listing ID 26664199

Bedrooms 20

Construction Status Repairs Major, Fixer

Year Built 2020

Lot Size 7,150 Sqft

Acres 0.1584

Property Sub-Type Multi-Family

Property Description

2020 CONSTRUCTION! $285/SF WELL BELOW REPLACEMENT COST AND NOT SUBJECT TO ANY RENT CONTROL. The property features a great mix of units, including (2) 6 Bedroom- 3 Bath and (2) 4 Bedroom-3 Bath Units. With each unit measuring at an average of 1,665 Square Feet, the oversized units makes it attractive to a wide range of renters. With all four units delivered vacant, the next owner has the ability to lease the units at full market rents from day one. Based on market rents, the property has the potential to generate $19,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. The property could also be ideal for an owner-user looking to live in one of the units while collecting income from the other units to help offset their mortgage. The property is conveniently located in South Los Angeles with easy access to Downtown.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Equipment None

Laundry In Unit

Exterior

Parking Features Garage - 2 Car, Garage - 1 Car, Garage Is Attached, Uncovered, Unassigned

Garage Spaces 8.0

Pool None

Waterfront Description None

Building

Story 2

Water Public

Level or Stories Multi/Split, Two

Construction Status Repairs Major, Fixer

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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6500 S Main St