Los Angeles, CA 90007 3212 S Main Street

  • MLS# 21678754
  • 01/11/2021
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Presented By: Stephen F. Watson with Keller Williams Downtown LA.
  • Beds • 27
  • Baths • 27
  • Year Built • 1912

Home Details

Excellent Investment Opportunity with Great Central Location. No problem renting. 27 units- 6 large one plus ones and 21 good size singles for $3,850,000 with 11.07 GRM and 4.7% cap. Low price per door. Adjacent Downtown Los Angeles and within 2 miles of USC- 3 story walkup center corridor, newly painted, professionally managed. Low rents, great upside- Good paying tenants who care about the building. New LED installation and waterproofing in attic. Qualifies for free tankless water heater program through So Cal Gas and DWP. Located in a transitioning neighborhood with busy ongoing neighboring businesses on a wide street. Well configured with street parking. Showings only on approved offer. Drive by Only. Please do not disturb tenants.
Presented By: Stephen F. Watson with Keller Williams Downtown LA.

Interior Features for 3212 S Main Street

Other Interior Features

Heating Y/NYes
Laundry FeaturesSee Remarks

General for 3212 S Main Street

HeatingWall Furnace
MLS AreaC42 - Downtown L.A.
Parking FeaturesOn Street
Property TypeResidential Income
Senior Community Y/NNo
Total Units27

Exterior for 3212 S Main Street

Lot Dimensions50x140
Lot Size Acres0.14
Lot Size Area6497
Lot Size Square Feet6497
Lot Size UnitsSquare Feet
Number of Buildings1

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group
Price $3,850,000
List Date 01/11/2021
Property Type Income
Phone 310.658.1749
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