4334 S Main St - Apartments FOR SALE


Los Angeles, CA 90037- Vernon-Main
$1,395,000 USD
323-376-2469
4334 S Main St, Los Angeles, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/15
null | 6.94% Cap Rate

4334 S Main St
Los Angeles, CA 90037
Vernon-Main


HIGHLIGHTS

  • New Electrical Interior Sub-Panels and Exterior Main Panel
  • Priced at a 6.94% CAP Rate
  • Updated 100% Copper Plumbing
  • Approximately 37% Rental Upside
  • New Roofs on Each Structure

OVERVIEW

4334 S. Main Street is a 10-unit apartment building in South Los Angeles located 5 minutes away from BMO Stadium, which is the home of the Los Angeles Football Club. The opportunity consists of six (6) one-bedroom units and four (4) studio units separately metered for gas and electricity. Several units have been renovated to include updated white cabinetry, engineered hard wood floors, tiled showers, and quartz countertop. The main electrical panel and subpanels in each unit have been recently updated; as well as the roofs for both structures. There are five parking spaces in the rear for half of the units. Lastly, there is still approximately 37% rental upside that can be achieved as units turnover.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$343 USD /SF

# OF UNITS

10

PRICE/UNIT

$139,500

CAP RATE

6.94%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,001 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

5113-036-014

ASK ABOUT THIS PROPERTY

Andres DiazKW CommercialMore Info
323-376-2469

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Andres DiazKW CommercialMore Info
323-376-2469

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.