8624 S Main Street, Los Angeles, CA 90003
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
8624 S Main Street,Los Angeles, CA 90003
$849,900
- 6 Beds
- - Baths
- 2,340 sq. ft.
- Multi-family
- Active
Listed by: joel daniel rangel
Office: coldwell banker realty
MLS#:CL26838969
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$849,900
- Price per sq. ft.:$363.21
About this home
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 fresh paint, laminate wood flooring, quartz countertops, and dedicated in-unit washer-and-dryer hookups. Parking is easy with four spaces total, featuring two tandem spots per unit. Enjoy low maintenance overhead thanks to excellent unit separation, limited common areas, separate gas and electric meters, and newer construction built to modern building codes. Prospective buyers are advised to verify all information, including financing terms and the property's non-rent-control RSO status. The property is sold as is. Some photos are virtually staged....
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Home facts
- Year built:2004
- Listing ID #:CL26838969
- Added:119 day(s) ago
- Updated:September 25, 2026 at 02:40 PM
Rooms and interior
- Bedrooms:6
- Flooring:Carpet, Laminate
- Living area:2,340 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:2004
- Building area:2,340 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Back Yard
- Construction Materials:Stucco
- Exterior Features:Back Yard
Finances and disclosures
- Price:$849,900
- Price per sq. ft.:$363.21
Features and amenities
- Laundry features:Inside
Parking
- Parking description:Side By Side, Tandem
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