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10400 S Main St, Los Angeles, CA 90003
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10400 S Main St Los Angeles, CA 90003

$870,000 Sold Price as of 11/21/2023
  • 15 Beds
  • 7 Baths
  • 2,485 Sq.Ft.
Sold
$870,000 Sold Price as of 11/21/2023 Refinance Your Mortgage
Map preview of 10400 S Main St, Los Angeles, CA 90003

Property Overview: 10400 S Main St Los Angeles, CA has 15 bedrooms, 7 bathrooms, 2,485 living square feet and 4,425 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing a Fantastic Triplex Opportunity! CASH FLOW! This triplex offers a perfect blend of living and investment potential. The front house features 3 bedrooms and 2 bathrooms, providing ample space for a small or growing family. Meanwhile, the back unit boasts a 3 bedroom and 1 bath, and an additional 2-bedroom, one-bath unit. Currently, the only FRONT unit is VACANT, making it an ideal canvas for a first-time homebuyer to settle in while the other units generate rental income to offset your mortgage costs, making homeownership more accessible. Investors will be delighted by the promising cash flow. With average rents already built in, there is still room for rental increase, ensuring a solid return on investment. Built in 2007, this property boasts modern electrical, plumbing, and heating systems, minimizing maintenance worries. Off-street parking is available for all units, adding convenience for residents. Don't miss out on this fantastic investment opportunity! This property is competitively priced and expected to sell quickly. Submit your highest and best offer today to secure this gem! Property Sold As-Is. --PLEASE DO NOT DISTURB. TENANTS IN REAR UNITS.

Listed by Sherry Mora | BRE #01498103 | Forward Real Estate
Last checked: 3 minutes ago | Last updated: November 28th, 2023 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
4,425
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23320973
City
Los Angeles
County
Los Angeles
Time on Site
339 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $2,666
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,666
  • Total Rent: $2,079
  • Pro Forma/Market Rent: $2,666
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,465
  • Total Rent: $3,465
  • Pro Forma/Market Rent: $3,465
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 8
  • Gross Scheduled Income: --
  • Net Operating Income: $90,000
  • Gross Operating Income: $112,680
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 10400 S Main St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Inside, Individual Room
Kitchen Information
  • Has Appliances
  • Microwave
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport, Detached Carport
Property Information
  • Total # of Units: 3
  • Parcel Number: 6063017001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Use Navigation
View more facts & features

Local Los Angeles Agent

Sale History for 10400 S Main St

Last sold for $870,000 on November 21st, 2023

  • November, 2023

  • Nov 21, 2023

    Date

    Sold

    CRMLS: 23320973

    $870,000

    Price

  • Oct 26, 2023

    Date

    Active

    CRMLS: 23320973

    $789,000

    Price

  • April, 2020

  • Apr 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $507,000

    Price

  • February, 2020

  • Feb 11, 2020

    Date

    Canceled

    CRMLS: SR19148937

    $590,000

    Price

  • Dec 13, 2019

    Date

    Price Change

    CRMLS: SR19148937

    $590,000

    Price

  • Aug 2, 2019

    Date

    Price Change

    CRMLS: SR19148937

    $619,999

    Price

  • Jun 27, 2019

    Date

    Active

    CRMLS: SR19148937

    $649,999

    Price

  • Listing provided courtesy of CRMLS

    Amazing Opportunity To FINALLY Own Your Triplex Investment Rental Income Property! This Beautiful property features 7 bedrooms, 4 bathrooms, 2485 sq. ft., An absolute gorgeous property in the heart of Los Angeles. Near everything, freeways, main streets, stores, schools, entertainment, services, etc. Just few minutes from downtown Los Angeles. Each unit has it’s own electricity and gas meters.

  • November, 2004

  • Nov 1, 2004

    Date

    Sold (Public Records)

    Public Records

    $295,000

    Price

Show More

Tax History for 10400 S Main St

Assessed Value (2020): $476,267
Year Land Value Improved Value Assessed Value
2020 $274,024 $202,243 $476,267

Home Value Compared to the Market

This property vs the competition

10400 S Main St sold on November 21, 2023 for 29.55% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $317.51 per/sqft which puts the price per square foot 56.15% lower than the current median sale per square foot for the city of Los Angeles.

About 10400 S Main St

Detailed summary of property

10400 S Main St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 15 bedrooms, 7 bathrooms, roughly 2,485 living square feet, and sits on an approximately 4,425 square foot lot. 10400 S Main St was first listed on ArdentRealEstateGroup.com on October 16, 2023. The homeowner sold the property for $870,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 29.55% lower than the current median priced home. Local homes that are currently for sale include 557 W Imperial Hwy, 689 E 115th St and 8870 S Figueroa St. While the average home in Los Angeles, CA is selling in 106 days, 10400 S Main St has a days on market of 11 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 10400 S Main St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10400 S Main St

Public county record property details
Beds
6
Baths
3
Year built
1925
Sq. Ft.
2,485
Lot Size
4,424
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
6063-017-001

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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