$1,760,000

9823 S Main Street, Los Angeles, CA 90003

  • 16 beds |
  • 8 baths |
  • 4,664 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon6,046sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $377/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

MOTIVATED SELLER! BEST PRICED UNITS IN THE DIRECT AREA! Incredible opportunity to acquire a well-maintained 8-unit apartment building in the heart of South Los Angeles, offering significant upside in rental income. Each of the 8 units features 2 bedrooms and 1 bathroom, currently occupied by long-term tenants at below-market rents, presenting a clear path for future rental growth. Five of the units are Section 8, providing stable, government-backed rental income with room for approved increases. This asset is ideal for investors seeking immediate cash flow with value-add potential. With low maintenance requirements and competitive pricing, this property is poised for repositioning to enhance both cash flow and equity. Located in a high-demand rental area, just minutes from the 110 and 105 freeways, LAX, and major retail centers, parks, and entertainment venues. Tenants will appreciate the convenience, while investors will appreciate the upside. BEST PRICED in the direct area. This is a must see!

Listing Status:
Active
Date Added:
November 4, 2025 at 06:00AM
Listing Office:
eXp Realty of California Inc : 888-584-9427
Listing Agent:
Carlos Villegas : 661-619-7335
MLS ID:
25599939
  • A/C: None
  • Heating: Wall Furnace
  • Parking: GatedOne SpaceOn StreetParking spaces: 0
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR46053015013
  • Source: CRMLS_CL

This listing courtesy of Carlos Villegas, eXp Realty of California Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charles W. Barrett STEAM Academy

419 W 98th St, Los Angeles, CA, 90003

Grades KG-5

0.40 miles away

B

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

0.83 miles away

D

Dymally High School

8800 S San Pedro St, Los Angeles, CA, 90003

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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