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Residential Income - 7001 S Main Street, Los Angeles, CA

$3,175,000

7001 S Main Street, Los Angeles, CA

7001 S Main Street, Los Angeles, CA 90003 - $3,175,000 · Multi-Family Home for Sale, photo 1 7001 S Main Street, Los Angeles, CA 90003 - $3,175,000 · Multi-Family Home for Sale, photo 2 7001 S Main Street, Los Angeles, CA 90003 - $3,175,000 · Multi-Family Home for Sale, photo 3 7001 S Main Street, Los Angeles, CA 90003 - $3,175,000 · Multi-Family Home for Sale, photo 4 7001 S Main Street, Los Angeles, CA 90003 - $3,175,000 · Multi-Family Home for Sale, photo 5
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Description

A 16-unit apartment building that was built in 1983 and not subject to rent control. The property features an attractive unit mix consisting of 6 one-bedroom units and 10 two-bedroom units. Amenities include 21 gated parking spaces and also offers the convenience of an on-site laundry facility, providing additional value for both residents and ownership. Ideally located approximately half a mile from the 110 Freeway, the property offers excellent connectivity to Downtown Los Angeles, USC, and major employment centers throughout the region. Residents enjoy convenient access to public transportation, shopping, dining, and neighborhood services. Nearby attractions include BMO Stadium, the Los Angeles Memorial Coliseum, and Arena, while educational institutions such as the University of Southern California and Los Angeles Trade-Technical College further enhance the area's appeal. The property's central location and strong accessibility support sustained rental demand and long-term investment potential. Exempt from local rent control regulations, the property offers investors the opportunity to capitalize on the current rental upside in a centrally located Los Angeles submarket supported by strong and diverse tenant demand.

Property details

Year built
1983
Property type
Residential Income
Lot size
8,621 sqft

Location

7001 S Main Street • Los Angeles, CA 90003

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Listed by

Jonathan Minerick · Homecoin.com

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Listing courtesy of Homecoin.com. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715