• 8418 S Main Street Los Angeles, CA 90003

  • $2,200,000
  • 15
    Bed(s)
  • 13
    Baths
  • 6,000
    Sq Ft
  • 5414
    Sqft
  • Listed By: Mert Malki, ARI Financial Inc, DRE #01741438
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1063258979 3 4 2 0
2 1063258979 3 4 2 0
3 1063258979 4 4 4 0
4 1063258979 3 3 3 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Building Information

Year Built: 2023

Building Area Total: 6,000

Pool Features

None

Laundry Features

Electric Dryer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1243

Lot Size Source: Assessor

Lot Size Square Feet: 5414

Listing Price Information

Original List Price: 2,200,000

Listing Contract Date: 2024-03-13

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6030013028

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C37 - Metropolitan South

Postal Code Plus 4: 2902

Directions: Cross street 84th place

Zoning: LAC2

Source Property Type: Residential Income

Area: C37 - Metropolitan South

Property SubType: Quadruplex

Building and Construction

Property Age: 1

Common Walls: 2+ Common Walls

Structure Type: Quadruplex

Year Built Source: Estimated

Entry Level: 1

Entry Location: 1

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
345 E 82nd Street, Los Angeles, CA,90003 $905,000 -- -- 1,529 5220 Sqft
413 E 95th Street, Los Angeles, CA,90003 $615,000 3 2 1,378 6130 Sqft
8755 S San Pedro Street, Los Angeles, CA,90003 $599,999 3 2 1,898 2519 Sqft
134 W 60th Street, Los Angeles, CA,90003 $545,000 4 3 1,629 5120 Sqft
436 68th Street, Los Angeles, CA,90003 $750,000 5 2 1,512 4560 Sqft
217 E 77th Street, Los Angeles, CA,90003 $985,000 5 3 2,283 5099 Sqft
429 W 68th Street #431, Los Angeles, CA,90003 $39,995 -- -- -- 376 Acres
10004 S San Pedro Street, Los Angeles, CA,90003 $550,000 2 1 924 4069 Sqft
112 W 91st Street, Los Angeles, CA,90003 $980,000 10 6 3,268 5000 Sqft
424 E 61st Street, Los Angeles, CA,90003 $599,999 4 2.5 2,136 5400 Sqft

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ByOwner last updated this listing 05/20/2024 @ 11:24

MLS: OC24050780
LISTED BY: Mert Malki, ARI Financial Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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