$1,999,999 Price Analysis 8418 S Main StLos 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 |
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.
Property MLS #OC24050780 from CRMLS
Year | Assessments 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 |
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.