Description

We are proud to present 6910 Main St, a 5-unit multifamily property located in Los Angeles offered at an 8.73 GRM and 7.69% CAP on actual income. This property consists of a detached, single-story home in the front and a 2-story 4-unit building in the rear consisting of a total of 3,542 rentable square feet. Built in 1922, the property sits on a sizable 10,167 square foot LAC2-zoned midblock that is fully parked with uncovered driveway parking with excess land that may continue to serve as parking and/or for future ADU(s). The unit mix features one (1) three-bedroom one-bathroom unit in the front house and four (4) two-bedroom one-bathroom units in the rear 4 unit. Three out of five units (all two-bedrooms units) have been renovated. Located off of Main St and W 70th St nearby Bethune Middle School just two blocks east of the 110 freeway nearby numerous transit stops, this location offers excellent access to Downtown Los Angeles and neighboring communities such as Inglewood, Gardena, Crenshaw, Huntington Park, Lynwood and more. Contact the listing broker for additional information.