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About This Home
This 16-bedroom, 8-bathroom residential multi family at 9823 S Main St in Los Angeles, CA is listed for $1,740,000 ($373 per sqft). Built in 1956, the home offers 4,664 sqft of living space on a 0.14 acres lot.
MOTIVATED SELLER! BEST PRICED UNITS IN THE DIRECT AREA! 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!
Key Features
- Built in 1956
- 0.14 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$9,306/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9823 S Main St
Los Angeles, CA 90003
Property Details
Parking
Questions & Answers
This 16-bedroom, 8-bathroom residential multi family at 9823 S Main St is listed at $1,740,000 ($373/sqft). The estimated monthly payment is $7,540 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 0.14 acre lot, 2 stories.
This property is listed by Carlos Villegas and can be reached at 6616197335 or mybrokercarlosv@gmail.com.
