8624 S Main ST, Los Angeles, CA 90003
8624 S Main ST, Los Angeles, CA 90003
8624 S Main ST, Los Angeles, CA 90003
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Chris & Courtney Cameron

Chris & Courtney Cameron

+1(619) 393-9338
$875,000
Est. payment /mo
6 Beds
4 Baths
2,340 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,340 sqft

Price per Sqft $373

MLS Listing ID 26838969

Bedrooms 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2004

Lot Size 2,752 Sqft

Property Description

Rare Duplex Opportunity with Both Units Delivered Vacant. This is a unique chance to choose your own tenants at market rent or move in with extended family. The property features substantial rental income potential and no rent control. Both units will be delivered vacant, which is incredibly rare in Los Angeles due to local rent control laws and just cause evictions. Potential rental income is $7,500 per month at $3,750 per unit. The estimated rent exceeds the mortgage payment by almost $2,000, with 25% down. Boasting an exceptional Gross Rent Multiplier of just 9.7, which is well below the area average of about 16, this deal offers incredible value. Both units are newly remodeled with fresh paint, laminate wood flooring, quartz countertops, and dedicated in-unit washer-and-dryer hookups. Parking is easy with four spaces total, featuring two tandem spots per unit. Enjoy low maintenance overhead thanks to excellent unit separation, limited common areas, separate gas and electric meters, and newer construction built to modern building codes. Prospective buyers are advised to verify all information, including financing terms and the property's non-rent-control RSO status. The property is sold as is. Some photos are virtually staged.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAC2

Interior

Interior Features Open Floorplan

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop

Laundry Inside

Exterior

Parking Features Driveway, Garage, Side By Side, Tandem

Pool None

View Y/N Yes

View City Lights

Roof Type Composition,Shingle

Porch Concrete, Porch

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard

Faces West

Entry Level Two

Foundation Raised

Sewer Other

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 6041001027

Security Features Window Bars

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joel Daniel Rangel Coldwell Banker Realty #01827663

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Chris & Courtney Cameron

Chris & Courtney Cameron

+1(619) 393-9338

Agent | Office DRE #02021421 | 01766250

Agent Office DRE #02021421 | 01766250

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from REAL Broker Technologies, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

8624 S Main ST