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3212 S Main Street

Los Angeles (City), CA 90007
  • $3,600,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: 24355143
UPDATED: 213 min ago
$3,600,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,270
    SQFT
  • $236
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Listing Agent(s): Michael R. Fukushima of Keller Williams Downtown LA (213-797-7000) and Stephen F. Watson of ()


Description

Bread and butter investment for a savvy investor. The building is comprised of 27 units with 21 studio units and 6 one bedroom units. The property was built in 1912 on a 6,497 Sq. Ft. lot zoned LAM1. The building is three stories and is about 15,270 Sq. Ft. The property is nestled in a dense and desirable rental market with major job centers nearby such as, Downtown Los Angeles, University of Southern California, and the warehouse industrial center just South East of Downtown. Do not miss out on this opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T00:36:29.117. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147297575
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3212 S Main Street Los Angeles (City), CA 90007

  • Price: $3,600,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 213 min ago
  • ID#: 24355143
6
Beds
0
Baths
0
½ Baths
0.15
Acres
15,270
SQFT
$236
$/SQFT
1912
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Bread and butter investment for a savvy investor. The building is comprised of 27 units with 21 studio units and 6 one bedroom units. The property was built in 1912 on a 6,497 Sq. Ft. lot zoned LAM1. The building is three stories and is about 15,270 Sq. Ft. The property is nestled in a dense and desirable rental market with major job centers nearby such as, Downtown Los Angeles, University of Southern California, and the warehouse industrial center just South East of Downtown. Do not miss out on this opportunity!
Exterior Features

Parking Features None Parking Total 0

Interior Features

Cooling None Cooling YN No Heating Natural Gas Heating YN Yes

Property Features

Association YN No Cap Rate 5.4 Gross Income 374541 Levels Three Or MoreMulti/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 196152 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LAM1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T00:36:29.117. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372373027-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372373027-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372373027-2.jpg
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Michael R. Fukushima of Keller Williams Downtown LA (213-797-7000) and Stephen F. Watson of ()