7001 S Main Street,Los Angeles, CA 90003
Los Angeles, CA 90003
Description
A 16-unit apartment building that was built in 1983 and not subject to rent control. The property features an attractive unit mix consisting of 6 one-bedroom units and 10 two-bedroom units. Amenities include 21 gated parking spaces and also offers the convenience of an on-site laundry facility, providing additional value for both residents and ownership. Ideally located approximately half a mile from the 110 Freeway, the property offers excellent connectivity to Downtown Los Angeles, USC, and major employment centers throughout the region. Residents enjoy convenient access to public transportation, shopping, dining, and neighborhood services. Nearby attractions include BMO Stadium, the Los Angeles Memorial Coliseum, and Arena, while educational institutions such as the University of Southern California and Los Angeles Trade-Technical College further enhance the area's appeal. The property's central location and strong accessibility support sustained rental demand and long-term investment potential. Exempt from local rent control regulations, the property offers investors the opportunity to capitalize on the current rental upside in a centrally located Los Angeles submarket supported by strong and diverse tenant demand.
Details
| MLS # | TR26148256 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 94 |
| Listing Provided By | Homecoin.com | Jonathan Minerick |
Features
| SQ Feet | 8,460 |
|---|---|
| Garage | 21 |
| Story(s) | 3 |
| Units | 16 |
| Building(s) | 1 |
| Acreage | 0.20 |
Interior
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Flat, Tar Gravel |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Zero To One Unit Acre |
| Fencing | See Remarks |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90003) | |
Price: $3,175,000 low | high Med: $950,000 sqft: 8,460 low | high Med: 1,283 $ / sqft: $375 low | high Med: $740 On site: 94 low | high Med: 38 | |
Market Activity 90003
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90003) | |
Price: $3,175,000 low | high Med: $950,000 sqft: 8,460 low | high Med: 1,283 $ / sqft: $375 low | high Med: $740 On site: 94 low | high Med: 38 | |