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8418 S Main St, Los Angeles, CA, 90003

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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8418 S Main St, Los Angeles$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage2 spaces
Year Built2023
HeatingCentral
CoolingCentral Air
MLS #OC24050780
Lot Size0.12 Acres
StatusActive

About 8418 S Main St

Brand new 4-unit, 2 detached buildings! This is NOT subject to any rent control or affordable housing restrictions! What a great opportunity Two duplexes on one lot in one of the quickest growing neighborhoods in all of Los Angeles. The subject property is 6,514 square foot build (approximately 6,000 livable) a 43x126 lot (5,420 sq feet) with a 10-foot SIDE ALLEY zoned C2 that sits on the cross streets of 84th Place and Main St. . The four-unit is a mix of two 4-bedroom / 2.5 baths, one 4-bedroom / 4-bath with a large family room, one 3-bedroom / 3-bath, 6 open parking spots, and a tandem two-car garage. There are a total of 8 parking spots or 2 spots per unit. Option to increase your net operating by converting the garage into an ADU creating the 5th unit. Main Street is the main artery into all the development going in downtown and a quick drive to the new Clippers and Rams Stadium. The site is 5 miles away from the new Clippers arena and just 4 miles from the Rams NFL stadium. 5 miles from the coveted university of Southern California, and 1 Billion dollar improvement, the Lucas Museum. Comparable 4-unit builds in this area are selling upwards of 2.4 million.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 1

Listing Office:

  • Office Name: ARI Financial Inc
  • Office Phone: (949) 887-9449
  • Listing Agent: Mert Malki

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • John C. Fremont Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Mary Mcleod Bethune Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • South Park Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Cross street 84th place

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $4,786
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

8418 S Main St vs Los Angeles

34 DAYS ON ROCKET

-0 Day

$2,200,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24050780

Listing Office:

  • Office Name: ARI Financial Inc
  • Office Phone: (949) 887-9449
  • Listing Agent: Mert Malki

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 18, 2020Home Sold
$375,000
Mar 31, 2011Home Sold
$137,500
Jun 07, 2010Home Sold
$463,861

Tax History

YEARPROP. TAXASSESSMENT
2021$4,786$375,000
2020$2,224$160,486
2019$2,103$157,340
2018$2,059$154,256
2017$2,059$151,232

History based on county public records data.

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$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6633183
3
/10

  • South Park Elementary School

  • 8510 Towne Ave

  • 0.43 miles

  • Public District Grades KG-6

school-card-donut-6633184
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.38 miles

  • Public Magnet Grades KG-6

school-card-donut-6633185
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.17 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6633186
3
/10

  • Mary Mcleod Bethune Middle School

  • 155 W 69th St

  • 1.06 miles

  • Public Magnet Grades 6-8

school-card-donut-6633187
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.05 miles

  • Public District Grades 6-8

High School

school-card-donut-6633188
2
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 0.58 miles

  • Public Magnet Grades 9-12

school-card-donut-6633189
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.28 miles

  • Public Magnet Grades 9-12

school-card-donut-6633190
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 20.52 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,656. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90003›8418 S Main St

This home is located at 8418 S Main St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This home, which was built in 2023, sits on a 0.12 acre lot. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $2,200,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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