8624 S Main St, Los Angeles, CA, 90003
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Property Details
6
4
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 6 • Bathrooms: 4 • Square Feet: 2340 • Lot/Size: 2,751 sqft lot
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 fres
Location
Address
8624 S Main St, Los Angeles, CA, 90003
City
Los Angeles
Features and Finishes
Year Built: 2004; [object Object]; [object Object]; [object Object]
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