8418 Main Street, Los Angeles

$2,200,000

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15 Beds
13 Baths
.12 Acre
2 Garages

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.

Essential Information

MLS® #
OC24050780
Price
$2,200,000
Bedrooms
15
Bathrooms
13.00
Acres
0.12
Year Built
2023
Type
Residential Income
Sub-Type
Quadruplex
Status
Active

Community Information

Address
8418 Main Street
Area
C37 - Metropolitan South
City
Los Angeles
County
Los Angeles
Zip Code
90003
Community Features
Curbs
Senior Community
N

Amenities

Parking Spaces
2
# of Garages
2
Pool
None

Interior

Heating
Central
Cooling
Central Air
# of Stories
1
Stories
Two

Exterior

Lot Description
Back Yard

Additional Information

Date Listed
March 13th, 2024
Days on Market
40
Zoning
LAC2

Listing Details

Agent
Mert Malki
Office
ARI Financial Inc

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Based on information from California Regional Multiple Listing Service, Inc. as of May 11th, 2024 at 9:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.