Tour
More
1 / 4
2 / 4
3 / 4
3212 S Main Street, Los Angeles, CA 90007
1
bed
2
baths
15270
ft2
· 6497
ft2 lot
$3,785,000
$248 / ft2
Listing provided courtesy of Stephen F. Watson, Keller Williams Downtown LA.
Source CRMLS.
Excellent Investment Opportunity with Great Central Location. No problem renting. 27 units- 6 large one plus ones and 21 good size singles for $3,785,000 with 10.9 GRM and 4.8% cap. Low price per door. Adjacent Downtown Los Angeles and within 2 miles of USC- 3 story walkup center corridor, newly painted, professionally managed. Low rents, great upside- Good paying tenants who care about the building. New LED installation and waterproofing in attic. Qualifies for free tankless water heater program through So Cal Gas and DWP. Located in a transitioning neighborhood with busy ongoing neighboring businesses on a wide street. Well configured with street parking. Showings only on approved offer. Drive by Only. Please do not disturb tenants.
HOA
$—/month
On market
4 months
Year built
1912
Property type
Multi-Family
Parking
MLS
21678754
Price / Sq.Ft.
$248 / ft2
Status
Active
Tour this home
Request a free tour of this home
Friday
14
May
Saturday
15
May
Sunday
16
May
Monday
17
May
Tuesday
18
May
Wednesday
19
May
Thursday
20
May
Friday
21
May
Saturday
22
May
Sunday
23
May
Monday
24
May
Tuesday
25
May
Wednesday
26
May
Thursday
27
May
Tour type :
In person
Need a Lyft ride to and from your tour?
Flyhomes Cash Offer
Based on a price of $3,785,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$736/day
$0
Best
Flyhomes Guaranteed Offer
$18,925
- -
$18,925
Better
Discount Brokerage
$15,019
not offered
$15,019
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: See Remarks
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Interior Size
•   
Building Area Total: 15270.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Street
Building Info
•   
Zoning: LAM1
•   
Stories Total: 3
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 27
Lot Info
•   
Lot Size Acres: 0.1400
•   
Lot Size Dimensions: 50x140
•   
Lot Size Area: 6497.0000
•   
Lot Size Units: Square Feet
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 347397.00
•   
Total Expenses: 163990.00
•   
Gross Multiplier: 10.90
Tax/Assessment Info
•   
Gross Income: 344397.00
•   
Tax Year: 2020
•   
Taxes: 17143.0
Lease Info
•   
Net Operating Income: 183407.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1324.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 6
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 7946.00
Multi Unit Information
•   
# Of Units: 13
Unit 1 Information
•   
Unit 1 Total Units: 21
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1002.00
•   
Unit 1 Total Rent: 21055.00
School Neighborhood & Directions
School Info
•   
Directions: Google Maps to address
Other
Calculation
•   
Dom: 116
•   
Cdom: 116
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 13, 2021 3:49pm
Neighborhood snapshot
63
Properties for sale
11.5
Median days on market
$462.07
Median sold price/sqft
98.09%
Sold/List %
walk-icon}
walk score® :
transit-icon}
transit score® :
bike-icon}
bike score® :
Property History
05/07/2021
05/07/2021
CRMLS #21678754
active
CRMLS #21678754
$3,785,000
--1.69%
01/11/2021
01/11/2021
CRMLS #21678754
active
CRMLS #21678754
$3,850,000
+3750.00%
12/28/1994
12/28/1994
Public Record
sold
Public Record
$100,000
+900.00%
10/28/1994
10/28/1994
Public Record
sold
Public Record
$10,000
+100.00%
01/04/1993
01/04/1993
Public Record
sold
Public Record
$5,000
Nearby Similar Homes
street view
$4,350,000
1984 Park Grove Avenue
Los Angeles, CA 90007
2 bed
5 bath
 ft²
 · 
4732
 ft²  lot
Recently Sold Nearby
Products
BrokerageMortgageToursTitle & Escrow
Download the Flyhomes App
Equal Housing Opportunity
By searching, you agree to the Terms of Use and Privacy Policy.
California DRE #02012110

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes © 2021