Los Angeles, CA 90003,9823 S Main Street
Los Angeles, CA 90003,9823 S Main Street
Los Angeles, CA 90003,9823 S Main Street
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$1,799,880
Est. payment /mo
4,664 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,664 sqft

Price per Sqft $385

MLS Listing ID CL25568275

HOA Y/N No

Year Built 1956

Lot Size 6,046 Sqft

Acres 0.14

Property Sub-Type Other

Property Description

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 repositioning to enhance both cash flow and equity. Located in a high-demand rental area, just minutes from the 110 and 105 freeways, LAX, and major retail centers, parks, and entertainment venues. Tenants will appreciate the convenience, while investors will appreciate the upside. BEST PRICED in the direct area. This is a must see!

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 6053015013


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Bridge MLS
Listed by Carlos Villegas • eXp Realty of California Inc

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9823 S Main Street