8620 S Main Street, Los Angeles, CA 90003 - Berkshire Hathaway HomeServices California Properties
8620 S Main Street Los Angeles, CA 90003
$850,000 6 beds, 4 baths
2, 340 sqft

Agent Remarks

Rare duplex opportunity, with one vacant unit, substantial rental income, and no rent control.* The bottom unit will be delivered vacant, which is rare. Vacating a unit in LA can be nearly impossible, due to rent control laws and just-cause evictions. The potential monthly rent for the bottom unit is about $3,600. The upstairs unit will be delivered tenant-occupied with an approximate rent of $3,361. Total potential monthly rent for both units: $6,961. Rent exceeds mortgage payment by almost $2K, with 25% down.* The Gross Rent Multiplier is 10.2, significantly lower than the area average of about 16 (lower means more money). Both units have in-unit washer & dryer hookups and parking for two cars each. The bottom unit (in pictures) was partially remodeled, with brand-new floors, vanities, paint, lighting, and more. The top unit's finishes remain standard, not remodeled. Maintenance is low due to limited common area, good unit separation, newer construction, and newer building codes with safer materials. There are separate electrical and gas meters. Each unit has two parking spots, tandem. Duplex next door, 8624 Main St. "may" also be available for sale (off-market). Same owner as subject property. Buy both for a complete fourplex. *Prospective buyers are advised to verify all information, including financing terms and the non-rent control (RSO) status of the property. The property is sold as-is. Some photos are virtually staged.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 25515771
List price is $850,000
Beds: 6
Baths: 4
Built in 2004
2,340 sqft
2 stories
0.06 acres
Lot size: 0.0632
County: Los Angeles
Zoning: LAC2
Construction: Stucco
Appliances: Range,Dryer,Washer
Parking description: Driveway
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C37 - Metropolitan South

Last Updated: 5/20/2025

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.959405, -118.273551.
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Listing Agent: Joel Daniel Rangel
Lic#: 01234982
Office Name: Mission Viejo

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