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7418 S Main St, Los Angeles, CA 90003

Sale Price: $975,000
Aug 12, 20243,520 sqft12 beds6 baths
Listed by: Vania Rincon
License #: 01489265
Phone #: 323-804-9854
Keller Williams Beverly Hills
Source:
CRMLS Logo
MLS #: 24426591

Property Description

We are excited to present 7418 Main St, a remarkable 6-unit apartment building in the vibrant City of Los Angeles. This investment gem is ideally situated near the 110 and 105 freeways, providing seamless access to downtown LA, West LA, and Long Beach, making it a prime location for both residents and investors alike.The property features six spacious 2-bedroom, 1-bathroom units, totaling 3,520 sqft on a generous 5,135 sqft lot. With six dedicated surface parking spots, convenience is at the forefront.With strong existing income and significant rental upside potential, 7418 Main St represents an exceptional investment opportunity for discerning investors looking to capitalize on the thriving LA rental market. Don't miss your chance to own this enticing property in a dynamic and growing community!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,219

TurboHome Estimated Value

$994,800

$283 sqft

High Valuation
$1,044,540
$297/sqft
Normal Valuation
$994,800
$283/sqft
Low Valuation
$945,060
$268/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$283/sqft$994,800

Neighborhood: Southeast Los Angeles

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Comparative Value

$975K

$1.29M

$1.31M

7418 S Main St, Los Angeles, CA 90003

List Price: $975,000

Subject Property

7418 S Main St, Los Angeles, CA 90003

Sale Price: $975,000

Selected Comparable

1210 E 68th St, Los Angeles, CA 90001

Sale Price: $1,295,000

Selected Comparable

1553 E 55th St, Los Angeles, CA 90011

Sale Price: $1,315,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
7418 S Main St, Los Angeles, CA 90003

7418 S Main St, Los Angeles, CA 90003

List: $975,000

Listed: 8/12/2024

Area:3,520 sqft
Price/sqft:$277
Beds:12
Baths:6
Year Built:
Lot Size:5,137

Comparable Properties

COMPARABLE
Choose comps
7418 S Main St, Los Angeles, CA 90003

7418 S Main St, Los Angeles, CA 90003

Sale: $975,000

10/4/20240.00 mi

Area:3,520 sqft
Price/sqft:$277
Beds:12
Baths:6
Year Built:
Weight:40.7%
1553 E 55th St, Los Angeles, CA 90011

1553 E 55th St, Los Angeles, CA 90011

Sale: $1,315,000

1/24/20252.14 mi

Area:3,640 sqft
Price/sqft:$361
Beds:12
Baths:6
Year Built:
Weight:35.2%
1210 E 68th St, Los Angeles, CA 90001

1210 E 68th St, Los Angeles, CA 90001

Sale: $1,295,000

8/27/20241.21 mi

Area:3,441 sqft
Price/sqft:$376
Beds:11
Baths:5
Year Built:
Weight:24.1%

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2

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3

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