10950 S Main St Los Angeles, CA 90061

$1,500,000
  • 4 Beds
  • 2 Baths
  • 3,000 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified

Map preview of 10950 S Main St, Los Angeles, CA 90061

Property Overview: 10950 S Main St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 3,000 living square feet and 7,027 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Property was 2 commercial and two units the commercial were demolish now the property is being sold with plans approved for 25 units

Listed by Gonzalo Valenzuela | BRE #01062409 | Excellence RE Real Estate
Last checked: 10 minutes ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
7,027
HOA Dues
$0/mo
Year built
1946
Garage
2 Car
Property Type:
Apartment
Status
Active
MLS#
DW24059381
City
Los Angeles
County
Los Angeles
Time on Site
37 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,000
  • Net Operating Income: $3,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $300
  • Electric: $200
  • Gas/Fuel: $0
  • Trash: $200
  • Insurance: $200
  • Water/Sewer: $200

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Property Details for 10950 S Main St

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Gas Dryer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6073009012
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 108th St and S Main St
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

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Sale History for 10950 S Main St

Last sold for $850,000 on July 12th, 2022
  • March, 2024

  • Mar 25, 2024

    Date

    Active

    CRMLS: DW24059381

    $1,500,000

    Price

  • July, 2022

  • Jul 12, 2022

    Date

    Sold

    CRMLS: DW22019525

    $850,000

    Price

  • Jan 31, 2022

    Date

    Active

    CRMLS: DW22019525

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Investor delight, building is a mix use, big lot to built multiples units, near police station, parks, transportation fwys.

  • April, 2019

  • Apr 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $541,000

    Price

  • April, 2018

  • Apr 13, 2018

    Date

    Expired

    CRMLS: SR18012150

    $794,900

    Price

  • Jan 17, 2018

    Date

    Active

    CRMLS: SR18012150

    $794,900

    Price

  • Listing provided courtesy of CRMLS

    CALLING ALL DEVELOPERS, INVESTORS, & BUILDERS! C2-1 ZONING Los Angeles property is NOW AVAILABLE! Seller has PRELIMINARY PLANS FOR UP TO 25 UNITS! Ideal opportunity for INVESTORS and DEVELOPERS ready to build and hold or build and sell! Built in 1946, the current 3,000 sqft building sits upon a large 7,027 sqft corner lot with alley in rear. BEST LOCATION on Main Street just one block from 108th Street, Police Station, and Fire Department. Current building features high ceilings, a kitchen, office space, 2 baths, and ample parking. This is a one of a kind opportunity that YOU DO NOT WANT TO MISS! Shown by appointment only. Call us for a Private Showing. **Buyer to verify square footage, permits and ability to build or add on subject property with county and city.

  • March, 2017

  • Mar 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

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Tax History for 10950 S Main St

Assessed Value (2020): $551,820
Year Land Value Improved Value Assessed Value
2020 $357,000 $194,820 $551,820

Home Value Compared to the Market

This property vs the competition

10950 S Main St is listed 21.36% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $500 per/sqft which puts the price per square foot 35.32% lower than the median price per square foot for the city of Los Angeles.

About 10950 S Main St

Detailed summary of property

10950 S Main St is a apartment located in Los Angeles, CA 90061 and is currently for sale. This apartment offers 4 bedrooms, 2 bathrooms, roughly 3,000 living square feet, and sits on an approximately 7,027 square foot lot. 10950 S Main St was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $1,500,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 21.36% higher than the median priced home. Local competing homes currently for sale include 8704 S Central Ave, 927 W 82nd St and 927 W 82nd St. While the average home in Los Angeles, CA is selling in 96 days, 10950 S Main St has a days on market of 28 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 10950 S Main St Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10950 S Main St

Public county record property details
Beds
2
Baths
1
Year built
1946
Sq. Ft.
3,000
Lot Size
7,026
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
121
APN
6073-009-012

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,999
Median List Price/Sq.Ft.
$527
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
24
Median Sale to List Price %
110.09%
Avg Days on Market
39
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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.