8624 S Main St Los Angeles, CA 90003
Broadway-Manchester NeighborhoodEstimated payment $5,206/month
Highlights
- City Lights View
- Contemporary Architecture
- Fenced Yard
- Open Floorplan
- Quartz Countertops
- 2-minute walk to Wall Street Park
About This Home
Rare Duplex Opportunity with Both Units Delivered Vacant. This is a unique chance to choose your own tenants at market rent or move in with extended family. The property features substantial rental income potential and no rent control. Both units will be delivered vacant, which is incredibly rare in Los Angeles due to local rent control laws and just cause evictions. Potential rental income is $7,500 per month at $3,750 per unit. The estimated rent exceeds the mortgage payment by almost $2,000, with 25% down. Boasting an exceptional Gross Rent Multiplier of just 9.7, which is well below the area average of about 16, this deal offers incredible value. Both units are newly remodeled with fresh paint, laminate wood flooring, quartz countertops, and dedicated in-unit washer-and-dryer hookups. Parking is easy with four spaces total, featuring two tandem spots per unit. Enjoy low maintenance overhead thanks to excellent unit separation, limited common areas, separate gas and electric meters, and newer construction built to modern building codes. Prospective buyers are advised to verify all information, including financing terms and the property's non-rent-control RSO status. The property is sold as is. Some photos are virtually staged.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2004 | Remodeled
Lot Details
- 2,751 Sq Ft Lot
- West Facing Home
- Fenced Yard
- Back Yard
Home Design
- Duplex
- Contemporary Architecture
- Raised Foundation
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 2,340 Sq Ft Home
- 2-Story Property
- Open Floorplan
- City Lights Views
- Window Bars
- Laundry Room
Kitchen
- Oven or Range
- Gas Cooktop
- Quartz Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Side by Side Parking
- Tandem Parking
- Driveway
Utilities
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Sewer in Street
Additional Features
- Slab Porch or Patio
- City Lot
Community Details
- 2 Units
- Vacancy Allowance $4,500
Listing and Financial Details
- The owner pays for water, gardener
- Assessor Parcel Number 6041-001-027
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,823 | $373,875 | $196,130 | $177,745 |
| 2024 | $4,739 | $366,545 | $192,285 | $174,260 |
| 2023 | $4,652 | $359,359 | $188,515 | $170,844 |
| 2022 | $4,441 | $352,314 | $184,819 | $167,495 |
| 2021 | $4,377 | $345,407 | $181,196 | $164,211 |
| 2019 | $4,249 | $335,165 | $175,823 | $159,342 |
| 2018 | $4,190 | $328,594 | $172,376 | $156,218 |
| 2016 | $3,986 | $315,836 | $165,684 | $150,152 |
| 2015 | $4,235 | $311,093 | $163,196 | $147,897 |
| 2014 | -- | $311,407 | $195,885 | $115,522 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/27/2026 05/27/26 | For Sale | $875,000 | +186.9% | $374 / Sq Ft | |
| 02/28/2014 02/28/14 | Sold | $305,000 | -18.6% | $130 / Sq Ft | View Prior Sale |
| 01/13/2014 01/13/14 | Pending | -- | -- | -- | |
| 09/17/2013 09/17/13 | For Sale | $374,900 | -- | $160 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $305,000 | Servicelink | |
| Corporate Deed | -- | None Available | |
| Trustee Deed | $429,532 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $350,000 | Southland Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $412,500 | New Conventional | |
| Previous Owner | $280,000 | Purchase Money Mortgage |
Source: The MLS
MLS Number: 26838969
APN: 6041-001-027
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Ask me questions while you tour the home.