8624 S Main St, Los Angeles, CA, 90003

USD 875,000
For Sale

Property Details

Bedrooms

6

Bathrooms

4

Property Type

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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