See all 11 photos
$3,175,000
Est. payment /mo
8,620 Sqft Lot
Price Dropped by $350K
7001 S Main ST Los Angeles, CA 90003
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26148256
HOA Y/N No
Year Built 1983
Lot Size 8,620 Sqft
Property Sub-Type Apartment
Property 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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Natural Gas
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 21.0
Garage Description 21.0
Fence See Remarks
Pool None
Community Features Street Lights
Roof Type Flat,Tar/Gravel
Total Parking Spaces 21
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6012010059
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard

Listed by Jonathan Minerick Homecoin.com 888-400-2513, DRE #01523060
NEARBY SCHOOL & BUSINESS
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