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Multifamily

4309 Main St

4309 Main St, Los Angeles, CA 90037

Listing Price: $2,750,000

Cap Rate
7.04%
Number of Units
20
GRM
8.54
Occupancy
95.0%
Price/Unit
$137,500
Price/Gross SF
$292.30
Gross SF
9,408

Investment Overview

This charming 1920s-era asset offers a compelling combination of historic character, operational efficiency, and strong in-place cash flow. The property features an efficient 20-unit configuration comprised of eighteen studio/one-bath units and two one-bedroom/one-bath units, catering to broad renter demand. Residents benefit from secure entry and on-site laundry facilities, while the location is enhanced by Walk Score® ratings of Very Walkable and Very Bikeable. Positioned near the Exposition Park/USC district, the property enjoys excellent connectivity via the Metro E Line and convenient access to the I-110 Freeway, providing seamless access to Downtown Los Angeles and major employment centers throughout the region. Ownership has also completed several notable capital improvements, including upgrades to the electrical system, enhancements to portions of the plumbing infrastructure, and roof improvements with seal coating completed in recent years, helping to support the property's long-term operations and appeal.

Investment Highlights

  • On-site laundry facilities and secured entry for tenants
  • Electrical: Ownership has recently done upgrades to the subpanels and main electrical lines.
  • Plumbing: Mixed copper and galvanized. Ownership has completed some recent upgrades

Exclusively Listed By

Multifamily

4309 Main St

Listing Price: $2,750,000

Cap Rate
7.04%
Number of Units
20
GRM
8.54
Occupancy
95.0%
Price/Unit
$137,500
Price/Gross SF
$292.30
Gross SF
9,408

Investment Highlights

  • On-site laundry facilities and secured entry for tenants
  • Electrical: Ownership has recently done upgrades to the subpanels and main electrical lines.
  • Plumbing: Mixed copper and galvanized. Ownership has completed some recent upgrades

Investment Overview

This charming 1920s-era asset offers a compelling combination of historic character, operational efficiency, and strong in-place cash flow. The property features an efficient 20-unit configuration comprised of eighteen studio/one-bath units and two one-bedroom/one-bath units, catering to broad renter demand. Residents benefit from secure entry and on-site laundry facilities, while the location is enhanced by Walk Score® ratings of Very Walkable and Very Bikeable. Positioned near the Exposition Park/USC district, the property enjoys excellent connectivity via the Metro E Line and convenient access to the I-110 Freeway, providing seamless access to Downtown Los Angeles and major employment centers throughout the region. Ownership has also completed several notable capital improvements, including upgrades to the electrical system, enhancements to portions of the plumbing infrastructure, and roof improvements with seal coating completed in recent years, helping to support the property's long-term operations and appeal.

Exclusively Listed By

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