4313 S Main St
Los Angeles, CA 90037
9 Beds
9 Baths
5,927 Sq Ft
152 Days on Market
For Sale $1,875,000
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Courtesy of NAI Capital Commercial Inc.

Listing Agent & Comments

Tim SteuernolNAI Capital Commercial Inc.
310-878-6892TSteuernol@naicapital.com License #01742766
**2nd Price Reduction** 4313 S Main St presents a phenomenal value-add opportunity within South Los Angeles, near Exposition Park and the Coliseum. While some renovations have already been done to this beautiful property, tremendous value remains to be uncovered in continuing renovations and conversion from 1 to 2 bedrooms for the additional vacant units as well as the addition of 2 ADU units that have already begun the permit process. Built as an 8 unit, the property currently has the benefit of 5 recent vacancies with the potential for more. A 2-bedroom, 2-story townhouse unit has just been completely renovated and is rent-ready. Plans are in place to convert most of the remaining vacancies to 2-bedroom units as well as build an additional two ADU units in the rear carport. Upon lease up at current Section 8 rates, the after-cost CAP rate on this property is pushing 8% with additional upside in turning the remaining occupied units. This offers a buyer looking for long-term stable cash flow an ideal opportunity. The 5 current vacant units will be delivered Rent Ready!

MLS# 24418789 • Data provided by CRMLS
Additional home details
Living Area5,927 Sq.Ft.
Lot Size6,756 Sq.Ft.
Total Rooms--
Bedrooms9
Bathrooms9
Stories2
Year Built1962
Property TypeMultifamily
ZoningLAC2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$8,168
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$1,825,350
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage

4313 S Main St., Los Angeles, CA 90037

Multifamily
9 Beds
9 Baths
5,927 Sq Ft
152 Days on Market

Listing Agent & Comments

Tim SteuernolNAI Capital Commercial Inc.
310-878-6892TSteuernol@naicapital.com License #01742766
**2nd Price Reduction** 4313 S Main St presents a phenomenal value-add opportunity within South Los Angeles, near Exposition Park and the Coliseum. While some renovations have already been done to this beautiful property, tremendous value remains to be uncovered in continuing renovations and conversion from 1 to 2 bedrooms for the additional vacant units as well as the addition of 2 ADU units that have already begun the permit process. Built as an 8 unit, the property currently has the benefit of 5 recent vacancies with the potential for more. A 2-bedroom, 2-story townhouse unit has just been completely renovated and is rent-ready. Plans are in place to convert most of the remaining vacancies to 2-bedroom units as well as build an additional two ADU units in the rear carport. Upon lease up at current Section 8 rates, the after-cost CAP rate on this property is pushing 8% with additional upside in turning the remaining occupied units. This offers a buyer looking for long-term stable cash flow an ideal opportunity. The 5 current vacant units will be delivered Rent Ready!

MLS# 24418789 • Data provided by CRMLS
Additional home details
Living Area5,927 Sq.Ft.
Lot Size6,756 Sq.Ft.
Total Rooms--
Bedrooms9
Bathrooms9
Stories2
Year Built1962
Property TypeMultifamily
ZoningLAC2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$8,168
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $1,875,000
Request tour
Save
Courtesy of NAI Capital Commercial Inc.
4313 S Main St
Los Angeles, CA 90037
9 Beds
9 Baths
5,927 Sq Ft
152 Days on Market

Listing Agent & Comments

Tim SteuernolNAI Capital Commercial Inc.
310-878-6892TSteuernol@naicapital.com License #01742766
**2nd Price Reduction** 4313 S Main St presents a phenomenal value-add opportunity within South Los Angeles, near Exposition Park and the Coliseum. While some renovations have already been done to this beautiful property, tremendous value remains to be uncovered in continuing renovations and conversion from 1 to 2 bedrooms for the additional vacant units as well as the addition of 2 ADU units that have already begun the permit process. Built as an 8 unit, the property currently has the benefit of 5 recent vacancies with the potential for more. A 2-bedroom, 2-story townhouse unit has just been completely renovated and is rent-ready. Plans are in place to convert most of the remaining vacancies to 2-bedroom units as well as build an additional two ADU units in the rear carport. Upon lease up at current Section 8 rates, the after-cost CAP rate on this property is pushing 8% with additional upside in turning the remaining occupied units. This offers a buyer looking for long-term stable cash flow an ideal opportunity. The 5 current vacant units will be delivered Rent Ready!

MLS# 24418789 • Data provided by CRMLS
Additional home details
Living Area5,927 Sq.Ft.
Lot Size6,756 Sq.Ft.
Total Rooms--
Bedrooms9
Bathrooms9
Stories2
Year Built1962
Property TypeMultifamily
ZoningLAC2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$8,168
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,825,350
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $1,875,000
Request tour
Save
Courtesy of NAI Capital Commercial Inc.