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6118 S Main, Los Angeles, California 90003, Los Angeles, 90003 - 6 bed, 5 bath

6118 S Main, Los Angeles, California 90003 home-pic-0
ACTIVE$839,000
6118 S Main, Los Angeles, California 90003
6Beds
5Baths
2,560Sqft
5,340Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Producing Triplex: The property is an established triplex with separate addresses, offering an immediate and significant income-producing opportunity for investors.
Top Cons:
Advanced Age of Property: Built in 1923, the property's age suggests potential for outdated infrastructure, systems (e.g., plumbing, electrical), and deferred maintenance, which could necessitate significant capital expenditures.

Compared to the nearby listings

Price:$839.0K vs avg $750.0K (+$89,000)67%
Size:2,560 sqft vs avg 1,902.5 sqft81%
Price/sqft:$328 vs avg $36536%

More Insights

Built in 1923 (102 years old).
Condition: Built in 1923, this property is aged but appears to be maintained for basic functionality. The kitchens feature basic white cabinets, laminate countertops, and older appliances, while the bathrooms have dated tiled surrounds and fixtures. The predominant ceramic tile flooring throughout and basic light fixtures suggest renovations were likely completed 15-30 years ago. While livable, the property requires significant updates and improvements to modernize its aesthetics and systems, aligning with the 'fair' condition criteria of being aged but maintained, with functional but outdated major components.
Year Built
1923
Close
-
List price
$839K
Original List price
$839K
Price/Sqft
$328
HOA
-
Days on market
-
Sold On
-
MLS number
PW25245573
Home ConditionFair
Features
View-

About this home

Incredible Income-Producing Opportunity in the heart of South Los Angeles! 6118 S Main St offers a rare chance to own a triplex with separate addresses and immediate rental income. Featuring a total of 6 bedrooms and 5 bathrooms across approximately 2,560 sq ft, this versatile investment delivers both strong cash flow and long-term appreciation upside. The property’s layout and zoning offer flexibility for investors seeking to optimize returns or add value through updates and improvements. Located along Main Street in a high-demand rental area, the property is minutes from Downtown LA, USC, major freeways (110 & 10), and public transit, ensuring consistent occupancy and strong tenant interest. This property combines character with opportunity, perfect for an investor looking to expand their portfolio or a buyer seeking a house-hack setup. 6118 S Main St delivers the best of both worlds, cash flow now and appreciation potential later. Whether you’re an investor or an owner-occupant, this property is a smart addition to any Los Angeles portfolio. Unit 1 has: 2 bed 1.5 bath Unit 2 has: 2 bed 1.5 bath Front house has 1 unit (Unit 3 has): 2 bed 1 bath

Price History

Date
Event
Price
08/01/01
Sold
$280,000
02/16/01
Sold
$125,000
11/24/09
Sold
$205,000
12/21/05
Sold
$570,000
Condition Rating
Fair
Built in 1923, this property is aged but appears to be maintained for basic functionality. The kitchens feature basic white cabinets, laminate countertops, and older appliances, while the bathrooms have dated tiled surrounds and fixtures. The predominant ceramic tile flooring throughout and basic light fixtures suggest renovations were likely completed 15-30 years ago. While livable, the property requires significant updates and improvements to modernize its aesthetics and systems, aligning with the 'fair' condition criteria of being aged but maintained, with functional but outdated major components.
Pros & Cons

Pros

Income-Producing Triplex: The property is an established triplex with separate addresses, offering an immediate and significant income-producing opportunity for investors.
High-Demand Rental Location: Strategically located in a high-demand rental area of South Los Angeles, with excellent proximity to Downtown LA, USC, major freeways (110 & 10), and public transit, ensuring consistent tenant interest and occupancy.
Strong Cash Flow & Appreciation Potential: Marketed for its strong cash flow generation and long-term appreciation upside, making it an attractive asset for both immediate returns and future value growth.
Versatile Investment Opportunity: Offers flexibility for investors to optimize returns through updates and improvements, or for owner-occupants seeking a house-hack setup, catering to diverse investment strategies.
Multiple Units & Configuration: Comprises three distinct units (two 2-bed/1.5-bath and one 2-bed/1-bath), providing diverse rental options and maximizing potential income streams from a single property.

Cons

Advanced Age of Property: Built in 1923, the property's age suggests potential for outdated infrastructure, systems (e.g., plumbing, electrical), and deferred maintenance, which could necessitate significant capital expenditures.
Requires Updates for Value Optimization: The description implies that 'updates and improvements' are needed to 'optimize returns' and 'add value,' indicating the property is not turn-key and will require additional investment beyond the purchase price.
Lack of Noteworthy Views: The property explicitly states 'view: None,' meaning it does not offer any scenic or desirable views, which could be a minor detractor in a competitive Los Angeles market.

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