Please stand by.
USDAProperties.com is processing real estate display...

 

 

 

$1,999,999   Price Analysis
Agent Details  share icon     map icon  QR
8418 S Main St
Los Angeles, CA 90003
15 bed 13 bath 6,000 SqFt ($333/SqFt)
5,414SqFt lot. Built 2023
Listed 2024-04-01, Taxes $4,840
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Brand new 4-unit

2 detached buildings! This is NOT subject to any rent control or affordable housing restrictions. What a fantastic 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 4 miles from the Rams NFL stadiu m. 5 miles from the coveted university of Southern Calfornia and 1 Billion dollar improvement, the Lucas Museum. Comparable 4-unit builds in this area are selling upwards of 2.4 million.


Presented by Mert Malki at
Ari Financial Inc.
Listing Agent Photo

Property MLS #OC24050780 from CRMLS

Bedrooms: 15

Laundry Features: Gas & Electric Dryer Hookup

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Full Bathrooms: 13

Lot Description: Back Yard
Lot Size Acres: 0.1242883
Lot Size Source: Assessor
Lot Size Square Feet: 5414

Garage Spaces: 2
Parking Total: 2

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 4
Bedrooms in Unit-4: 4
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 4
Total Bathrooms in Unit-3: 3
Total Bathrooms in Unit-4: 3
Unit-2 Garage Spaces: 2

Maintenance Expense: 3700.00

Community Features: Curbs

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2000.00
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 6030013028
Postal Code Plus 4: 2902
Zoning: LAC2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$20,400 + $362,100
$382,500
$4,840
2021$20,000 + $355,000
$375,000
$4,785
2020$18,741 + $141,745
$160,486
$2,302
2019$18,374 + $138,966
$157,340
$2,224
2018$18,014 + $136,242
$154,256
$2,103
2017$17,661 + $133,571
$151,232
$2,059
2016$17,315 + $130,952
$148,267
$2,014
2015$17,055 + $128,985
$146,040
$1,988
2014$16,721 + $126,459
$143,180
$2,002
2013$16,646 + $125,888
$142,534
$2,002
2012$16,320 + $123,420
$139,740
$2,026
2010$16,000 + $121,000
$137,000
$1,064
2009$31,357 + $32,163
$63,520
$1,034
2009$31,282 + $32,086
$63,368
$1,034
2008$30,743 + $31,533
$62,276
$1,050
2007$30,141 + $30,915
$61,056
$971

Price Changed 2024-06-24
$1,999,999
CRMLS
Price Changed 2024-06-17
$2,190,000
CRMLS
Listed 2024-04-01
$2,200,000
CRMLS
Sold 2022-10-04
$700,000
Public Record
Listing removed 2022-09-26
$0
CRMLS
Listing removed 2022-09-26
$0
CRMLS
Price Changed 2022-06-13
$789,000
CRMLS
Price Changed 2022-06-13
$789,000
CRMLS
Listed 2022-05-26
$825,000
CRMLS
Listed 2022-05-26
$825,000
CRMLS
Sold 2020-09-18
$375,000
TheMLSCLAW
Listed 2020-08-03
$375,000
TheMLSCLAW
Sold 2011-03-31
$137,500
Public Record

Net Operating Income: 174300.00

Total Square Feet Living: 6000
Year Built: 2023
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 1
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Estimated

Sewer: Sewer: Public Sewer
Water Source: Public

South Park Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 0.4 miles away.
directions icon Map directions

Mary Mcleod Bethune Middle School is a public middle school located approximately 1.1 miles away.
directions icon Map directions

Family Gathering Basic Christian Educ Prep School is a private elementary, middle and high school located approximately 0.3 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewhouse_viewhouse_viewroad_viewhouse_view
unknownhouse_viewhouse_viewunknownhouse_view
house_viewhouse_viewunknownporchunknown
unknownunknownkitchenkitchenunknown
bathroomunknownbathroomunknownbathroom
unknownunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.