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9823 S Main St, Los Angeles, CA 90003

List Price: $1,799,880On Market FlagOn market
Aug 5, 20254,664 sqft16 beds8 baths
Listed by: Carlos Villegas
License #: 01775788
Phone #: 661-619-7335
eXp Realty of California Inc
Source:
CRMLS Logo
MLS #: 25568275

Property Description

Incredible opportunity to acquire a well-maintained 8-unit apartment building in the heart of South Los Angeles, offering significant upside in rental income. Each of the 8 units features 2 bedrooms and 1 bathroom, currently occupied by long-term tenants at below-market rents, presenting a clear path for future rental growth. Five of the units are Section 8, providing stable, government-backed rental income with room for approved increases. This asset is ideal for investors seeking immediate cash flow with value-add potential. With low maintenance requirements and competitive pricing, this property is poised for repositioning to enhance both cash flow and equity. Located in a high-demand rental area, just minutes from the 110 and 105 freeways, LAX, and major retail centers, parks, and entertainment venues. Tenants will appreciate the convenience, while investors will appreciate the upside. BEST PRICED in the direct area. This is a must see!
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

$28,610

TurboHome Estimated Value

$1,853,600

$397 sqft

High Valuation
$1,946,280
$417/sqft
Normal Valuation
$1,853,600
$397/sqft
Low Valuation
$1,760,920
$378/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$397/sqft$1,853,600

Neighborhood: Southeast Los Angeles

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Comparative Value

$1.80M

$1.90M

9823 S Main St, Los Angeles, CA 90003

List Price: $1,799,880

Subject Property

7104 S San Pedro St, Los Angeles, CA 90003

Sale Price: $1,900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
9823 S Main St, Los Angeles, CA 90003

9823 S Main St, Los Angeles, CA 90003

List: $1,799,880

Listed: 8/5/2025

Area:4,664 sqft
Price/sqft:$386
Beds:16
Baths:8
Year Built:
Lot Size:6,055

Comparable Properties

COMPARABLE
Choose comps
7104 S San Pedro St, Los Angeles, CA 90003

7104 S San Pedro St, Los Angeles, CA 90003

Sale: $1,900,000

5/28/20252.00 mi

Area:6,383 sqft
Price/sqft:$298
Beds:16
Baths:8
Year Built:
Weight:100.0%

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