3212 S Main Street Los Angeles, CA ^$ 3,450,000

3212 S Main Street

^$ 3,450,000

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3212 S Main Street

Los Angeles, CA, 90007

^$ 3,450,000

Bedrooms6 Baths27.0 Sq 15,270

Monthly Estimate*

^$ 24,099

Listed by Keller Williams Downtown LA

3212 S Main Street, Los Angeles, CA 90007 - Image 1

3212 S Main Street, Los Angeles, CA 90007 - Image 2

3212 S Main Street, Los Angeles, CA 90007 - Image 3

3212 S Main Street, Los Angeles, CA 90007 - Image 4

3212 S Main Street, Los Angeles, CA 90007 - Image 5

3212 S Main Street, Los Angeles, CA 90007 - Image 6

3212 S Main Street, Los Angeles, CA 90007 - Image 7

3212 S Main Street, Los Angeles, CA 90007 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $3,450,000 with 6 bedrooms and 27 full baths. This 15,270 square foot home was built in 1912 on a lot size of 0.1492.

Bread and butter investment for a savvy investor. The building is comprised of 27 units with 21 studio units and 6 one bedroom units. The property was built in 1912 on a 6,497 Sq. Ft. lot zoned LAM1. The building is three stories and is about 15,270 Sq. Ft. The property is nestled in a dense and desirable rental market with major job centers nearby such as, Downtown Los Angeles, University of Southern California, and the warehouse industrial center just South East of Downtown. Do not miss out on this opportunity!

Multi-Family Active

Price

^$ 3,450,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1492

Year Built

1912

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24355143

Days on Market

Features

General

Heating NaturalGas

Cooling None

Zoning LAM1

Year Built 1912

Levels ThreeOrMore MultiSplit

Gross Income 374392.0

County Los Angeles

Net Operating Income 197810.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions From Downtown Los Angeles head South on Main St. Property is on the East side of the street.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 27

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 6497.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Main

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 80

Standard Status Active

Occupancy Description Tenant

Cap Rate 5.7

Exterior

Parking Features None

Total Parking 0.0

Lot Size Area 6497.0

Number of Buildings 1

Spa N

Building Area Total 15270.0

Lot Dimensions 50x140

Lot Size Acres 0.1492

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 27

Internal Only

Street Number 1 3212

* Excluded Features

List By

Keller Williams Downtown La

Broker

(818) 321-6490

Phone

Affordability Calculator

$24,099

Per Month

Monthly Principal & Interest: $24,099
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 42%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$3,450,000	-4.17%	Price Down
2/6/2024	$3,600,000		Listed Price

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3212 S Main Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $3,450,000 with 15,270 sqft and a lot size of 0.1492. 3212 S Main Street has 6 bedrooms, 27.0 baths, and was built in 1912. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3212 S Main Street

Multi-Family Home for sale in Los Angeles, CA

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