4309 Main St — Sale in Los Angeles, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Los Angeles, CA 90037
Photos
Investment Figures
- Cap rate
- 7.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
This charming 1920s-era asset offers a compelling combination of historic character, operational efficiency, and strong in-place cash flow. The property features an efficient 20-unit configuration comprised of eighteen studio/one-bath units and two one-bedroom/one-bath units, catering to broad renter demand. Residents benefit from secure entry and on-site laundry facilities, while the location is enhanced by Walk Score® ratings of Very Walkable and Very Bikeable. Positioned near the Exposition Park/USC district, the property enjoys excellent connectivity via the Metro E Line and convenient access to the I-110 Freeway, providing seamless access to Downtown Los Angeles and major employment centers throughout the region. Ownership has also completed several notable capital improvements, including upgrades to the electrical system, enhancements to portions of the plumbing infrastructure, and roof improvements with seal coating completed in recent years, helping to support the property's long-term operations and appeal. Investment Highlights: • On-site laundry facilities and secured entry for tenants • Electrical: Ownership has recently done upgrades to the subpanels and main electrical lines. • Plumbing: Mixed copper and galvanized. Ownership has completed some recent upgrades
Market Context
This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Los Angeles, CA — view the full market.
Contact
- Tony Azzi · (310) 909-5454 · tony.azzi@marcusmillichap.com
- Rabbie Banafsheha · (310) 909-2316 · rabbie.banafsheha@marcusmillichap.com
- Arteen Zahiri · (310) 909-5433 · arteen.zahiri@marcusmillichap.com
Explore this market
Similar Multifamily Property for Sale in Los Angeles, CA
- 1247 W 8th St — Contact for price · Los Angeles, CA
- Greenfield.3670 — Contact for price · Los Angeles, CA
- 3601 Jasmine Ave — Contact for price · Los Angeles, CA
- Sycamore.321 — Contact for price · Los Angeles, CA
- The Stone on 30th — Contact for price · Los Angeles, CA
- 14553 Hartland St & 6840 Vesper Ave — Contact for price · Los Angeles, CA