Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.- MLS# 26664199
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Request Info6500 S Main StLos Angeles, CA 90003
Multi-Family · 20 Beds · 6,799 Sq. ft. | 0.16 Acres$1,799,000
Active
6500 S Main St Overview
- Time on Site:
- 108 days
- Visits:
- 0
2020 CONSTRUCTION! $264.60/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.
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6500 S Main St Facts & Features
- Type Multi-Family
- Sq. ft. 6,799
- Price/Sq.ft. $265
- Lot 0.16 Acres
Details
General
Income/Expenses
- Gross Income: 246000
- Net Operating Income: 190354.00
Building Information
- Year Built: 2020
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Downtown L.A.
Tax Information
- Tax Assessed Value: 2398329
General Information
- Disclosures: As Is
- Property Condition: Repairs Major, Fixer
- Property Type: Residential Income
- Rent Control: False
- Zoning: LAC2
Interior
Parking Information
- Garage Spaces: 6
Beds/Baths
- Bathrooms Total: 12.00
- Bedrooms Total: 20
General Information
- Common Walls: Detached/No Common Walls
- Cooling: Air Conditioning
- Entry Location: Living Room
- Heating: Central
- Levels: Multi/Split, Two
- Living Area: 6799
- Living Area Source: Appraiser
- Spa Features: None
- Spa: False
- Stories: 2
Exterior
Parking Information
- Open Parking Spaces: 2
- Parking Total: 8
Lot Information
- Lot Size Acres: 0.1584
- Lot Size Area: 7150
- Lot Size Dimensions: 55x130
- Lot Size Source: Assessor
- Number Of Buildings: 2
- Water Source: Public
Waterfront/View
- Waterfront Features: None
Building Exterior/Construction
- Direction Faces: West
General Information
- Covered Spaces: 0
- Number Of Units Total: 4
- Other Structures: None
- Pool Features: None
- Pool Private: False
6500 S Main St Neighborhood
Community
90003 (Los Angeles) Demographics
29
Median Age
20,870
Population Density (per sq. mile)
10%
College Educated
$42,220
Estimated Median Income
4,717
Estimated Total Home Owners
12,825
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.6500 S Main St Monthly Cost
6500 S Main St Market Data
Based on the last 30 days in this zip code
$629,258
Average List Price
$499
Average Price per Square Foot
19
Properties Sold
133
Average Days on Market
145
Properties for Sale
6500 S Main St History
| Date | Value | Agent |
|---|---|---|
| 5/28/2026Source: CRMLS | $1,799,000 -5.3% |
|
| 5/28/2026Source: TheMLS (CLAW) | $1,799,000 -5.3% |
|
| 3/13/2026Source: CRMLS | March 13, 2026 |
|
| 3/13/2026Source: TheMLS (CLAW) | March 13, 2026 |