CA > Los Angeles
Los Angeles, CA 90003,8620 S Main St
Los Angeles, CA 90003,8620 S Main St
Los Angeles, CA 90003,8620 S Main St
33
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$850,000
Est. payment /mo
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6 Beds
4 Baths
2,340 SqFt
Active

8620 S Main St Los Angeles, CA 90003

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Kandy Katz

Kandy Katz

+1(214) 514-0472

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,340 sqft

Price per Sqft $363

MLS Listing ID 25515771

Style Contemporary Mediterranean

Bedrooms 6

Construction Status Updated/Remodeled

Year Built 2004

Lot Size 2,751 Sqft

Acres 0.0631

Property Sub-Type Multi-Family

Property Description

Rare duplex opportunity, with one vacant unit, substantial rental income, and no rent control.* The bottom unit will be delivered vacant, which is rare. Vacating a unit in LA can be nearly impossible, due to rent control laws and just-cause evictions. The potential monthly rent for the bottom unit is about $3,600. The upstairs unit will be delivered tenant-occupied with an approximate rent of $3,361. Total potential monthly rent for both units: $6,961. Rent exceeds mortgage payment by almost $2K, with 25% down.* The Gross Rent Multiplier is 10.2, significantly lower than the area average of about 16 (lower means more money). Both units have in-unit washer & dryer hookups and parking for two cars each. The bottom unit (in pictures) was partially remodeled, with brand-new floors, vanities, paint, lighting, and more. The top unit's finishes remain standard, not remodeled. Maintenance is low due to limited common area, good unit separation, newer construction, and newer building codes with safer materials. There are separate electrical and gas meters. Each unit has two parking spots, tandem. Duplex next door, 8624 Main St. "may" also be available for sale (off-market). Same owner as subject property. Buy both for a complete fourplex. *Prospective buyers are advised to verify all information, including financing terms and the non-rent control (RSO) status of the property. The property is sold as-is. Some photos are virtually staged.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAC2

Rooms

Other Rooms None

Dining Room 0

Kitchen Remodeled

Interior

Interior Features Drywall Walls

Heating Wall

Cooling None

Equipment Dryer, Washer, Range/Oven

Laundry In Closet

Exterior

Parking Features Driveway

Garage Spaces 4.0

Pool None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Story 2

Foundation Slab

Sewer In Street

Water Public

Architectural Style Contemporary Mediterranean

Level or Stories Two, Multi/Split

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/4193ca51-39cd-4a32-a243-229157b5353e?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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 Coldwell Banker Realty

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agent
Kandy Katz

Agent | RE. S.0195787

+1(214) 514-0472

3042 S Durango Dr, Las Vegas, NV, 89117-9186, USA

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8620 S Main St