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11813 S Main St

Los Angeles, CA 90061
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 82 Days
  • MLS #: 24-456655
Under Contract
UPDATED: 38 min ago
$725,000
  • 5
    BEDS
  • 0.08
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,552
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

Part of 11 building portfolio. Can be sold separately. 11813 Main St is a great cash flow opportunity with a great current cap rate and cash flow on day one. There is upside potential in rents as well providing an opportunity for an investor to realize long term growth. The 4 unit offering is comprised of (2) Single / 1 Bath, (1) 2 Bed / 1 Bath, and (1) 3 Bed / 1 Bath. The building consists of 2,552 square feet of gross leasable area on a 3,685 square foot lot zoned LAR4 and was built in 1955.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-01-15T20:44:44.61. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/157129241
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11813 S Main St Los Angeles, CA 90061

  • Price: $725,000
  • Status: Active Under Contract
  • On Site: 82 Days
  • Updated: 38 min ago
  • MLS #: 24-456655
5
Beds
5
Baths
0
½ Baths
0.08
Acres
2,552
SQFT
$284
$/SQFT
1955
Built
Neighborhood:
Metropolitan South
County:
Los Angeles
Area:
Metropolitan South
Property Description
Part of 11 building portfolio. Can be sold separately. 11813 Main St is a great cash flow opportunity with a great current cap rate and cash flow on day one. There is upside potential in rents as well providing an opportunity for an investor to realize long term growth. The 4 unit offering is comprised of (2) Single / 1 Bath, (1) 2 Bed / 1 Bath, and (1) 3 Bed / 1 Bath. The building consists of 2,552 square feet of gross leasable area on a 3,685 square foot lot zoned LAR4 and was built in 1955.
Exterior Features

Direction Faces East Exterior Construction StuccoWood Siding Levels Two Lot Description Alley PavedLot-Level/FlatFencedLot Shape-Rectangular Lot Location Alley Access Lot Size Area 3685 Other Structures None Parking Garage GatedUncoveredDriveway - Concrete Paved YN Yes Pool Description None Pool YN No Roof CompositionRolled/Hot MopShingle Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 4 View Description None View YN No

Interior Features

Cooking Appliances MicrowaveGas/Electric RangeGas Cooling None Equipment MicrowaveRefrigeratorRange/Oven Fireplace Rooms None Heating Wall Laundry None Water Heater Features GasWater Heater Unit

Property Features

Alley YN Yes Assessed Total Value 630704 Disclosures None Gross Income 77169 Gross Operating Income 73310 Land Lease Type Fee Like Units1 2 Like Units2 1 Like Units3 1 Net Operating Income 53599.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Rent Control YN Yes Sale Type Standard Security Features Gated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 19712 Type Of Units APT Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning LAR4

Listing provided courtesy of Peter James DRE# of Lyon Stahl Investment Real Estate, Inc.: 310-425-9838.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-01-15T20:44:44.61. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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