CA > Los Angeles
Los Angeles, CA 90003,9823 S Main St
Los Angeles, CA 90003,9823 S Main St
Los Angeles, CA 90003,9823 S Main St
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John Matukas

John Matukas

+1(323) 377-4961
$1,799,880
Est. payment /mo
16 Beds
8 Baths
4,664 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,664 sqft

Price per Sqft $385

MLS Listing ID 25568275

Bedrooms 16

Year Built 1956

Lot Size 6,046 Sqft

Acres 0.1388

Property Sub-Type Multi-Family

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

Area Metropolitan South

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Gated, On street, Parking Space

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by eXp Realty of California Inc

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John Matukas

+1(323) 377-4961

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