Underwood Mortgage Group - Real Estate |

find an agent

Find a real estate agent for this home.

can i afford this home?

Contact Underwood Mortgage Group for more information on financing this home.

Mortgage Calculator

Home Price
Interest Rate
Years
Down Payment
Property Tax (Per Year)
PMI
Start Date
Powered by CalculateStuff.com
Change any combination of fields to calculate the monthly payment. Or change the down payment and monthly payment to calculate the possible home price.
Learn More Now

6500 S Main Street

Los Angeles, CA 90003

$1,900,000

| 6,660 sq. ft.

Status: Active Area: C42 - Downtown L.A.

Year Built: 2020 MLS#: 26664199

Description

2020 CONSTRUCTION! $285/SF WELL BELOW REPLACEMENT COST AND NOT SUBJECT TO ANY RENT CONTROL. The property features a great mix of units, including (2) 6 Bedroom- 3 Bath and (2) 4 Bedroom-3 Bath Units. With each unit measuring at an average of 1,665 Square Feet, the oversized units makes it attractive to a wide range of renters. With all four units delivered vacant, the next owner has the ability to lease the units at full market rents from day one. Based on market rents, the property has the potential to generate $19,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. The property could also be ideal for an owner-user looking to live in one of the units while collecting income from the other units to help offset their mortgage. The property is conveniently located in South Los Angeles with easy access to Downtown.

Features

Heating: Central

Cooling: N/A

Structure Type: Other

Association Amenities: N/A

Pool Descriptions: None

Price/sqft: $285

Parking Spaces: 8

Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.