MOTIVATED SELLER! BEST PRICED UNITS IN THE DIRECT AREA! Incredible opportunity to acquire a well-maintained 8-unit apartment building in the heart of South Los Angeles, offering significant upside in rental income. Each of the 8 units features 2 bedrooms and 1 bathroom, currently occupied by long-term tenants at below-market rents, presenting a clear path for future rental growth. Five of the units are Section 8, providing stable, government-backed rental income with room for approved increases. This asset is ideal for investors seeking immediate cash flow with value-add potential. With low maintenance requirements and competitive pricing, this property is poised for repositioning to enhance both cash flow and equity. Located in a high-demand rental area, just minutes from the 110 and 105 freeways, LAX, and major retail centers, parks, and entertainment venues. Tenants will appreciate the convenience, while investors will appreciate the upside. BEST PRICED in the direct area. This is a must see!
AGENT: Carlos Villegas LISTING BROKERAGE: eXp Realty of California Inc
Courtesy of eXp Realty of California Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 9823 S Main ST
Los Angeles, CA
Property Details
Price:
$1,740,000
MLS #:
26642827
Status:
Active
Beds:
16
Baths:
8
Type:
Single Family
Neighborhood:
c37metropolitansouth
Listed Date:
Jan 28, 2026
Finished Sq Ft:
4,664
Total Sq Ft:
4,664
Lot Size:
6,046 sqft / 0.14 acres (approx)
Year Built:
1956
C37 – Metropolitan SouthC37metropolitansouth
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Schools
Interior
Cooling
NO
Heating
WL
Levels
U
Exterior
Financial
Gross Operating Income
$166,075
Net Operating Income
$134,267
Map
Community
- Address9823 S Main ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
