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!
Get a detailed valuation report, schedule a tour or make an offer!
“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 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 | $/sqft | Valuation |
---|---|---|
HouseCanary | $397/sqft | $1,853,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
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
SUBJECT9823 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
COMPARABLEChoose comps
7104 S San Pedro St, Los Angeles, CA 90003
Sale: $1,900,000
5/28/2025 • 2.00 mi
Area:6,383 sqft
Price/sqft:$298
Beds:16
Baths:8
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
9823 S Main St, Los Angeles, CA 90003 | $1,799,880 | 4,664 | $386 | 6,055 | — | 8/5/2025 | 16 | 8 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
7104 S San Pedro St, Los Angeles, CA 90003 | $1,900,000 | 6,383 | $298 | 6,216 | 2.00 mi | 5/28/2025 | 16 | 8 | — | 100.0% |
How it Works
1
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2
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Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
