6118 S Main, Los Angeles, California 90003, Los Angeles, 90003 - 6 bed, 5 bath
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Los Angeles, California 90003
This versatile Income-Producing Triplex is a High-Potential Investment Opportunity, listed at $749,999—positioned well below the $783,069 Fair Market Value by 4%. This valuation gap delivers $33,070 in Instant Equity for the next owner. Featuring three distinct 2-bedroom units, the property maintains a Condition Rating of 4, offering significant value-add potential through cosmetic updates to its 1923 structure. Located minutes from USC and Downtown LA, this asset ensures high rental demand and is ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6118 S Main Subject | $749,999* List Price | 6 | 5 | 2,560 | $306 | - |
A 146 W Gage Avenue Sold | $885,000 | 0 | 0 | 2,460 | $360 | 0.2 mi |
B 323 W 60th Sold | $825,000 | 0 | 0 | 3,035 | $272 | 0.3 mi |
C 245 W 73rd Active | $965,000 List Price | 6 | 4 | 2,746 | $351 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this triplex features dated kitchens and bathrooms with finishes and cabinetry likely exceeding 20 years of age. While the units are functional and currently occupied, the presence of older wall heaters, basic tile flooring, and general wear indicates a need for cosmetic updates and system modernizations to maximize rental potential.
This triplex features three distinct units with separate addresses, offering immediate rental income and the flexibility for a house-hack setup to significantly offset mortgage costs.
Situated minutes from Downtown LA and USC with easy access to the 110 and 10 freeways, the property is positioned in a high-demand area ensuring consistent occupancy and strong tenant interest.
All three units consist of 2-bedroom layouts, providing a total of 6 bedrooms and 5 bathrooms, which is a highly marketable configuration for families or roommates in the South Los Angeles market.
Built in 1923, the property likely requires ongoing maintenance or significant capital improvements to modernize aging systems such as plumbing, electrical, and roofing.
With a modest lot size for three units and no mention of dedicated parking or garage space, the property may face competitive disadvantages in a dense urban area where parking is highly valued.
**PRICE REDUCTION** 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
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 0.0 | 93% |
| Baths | 5.0 | 0.0 | 98% |
| Square foot | 2,560 | 2,120 | 65% |
| Lot Size | 5,340 | 5,202 | 56% |
| Price | $750.0K | $755.0K | 44% |
| Price per sq ft | $293 | $356 | 30% |
| Built year | 1923 | 1924 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 190 | 2% |
Apr 21, 2026
$749,999
Initial Listing
Nov 24, 2009
$205,000
Public Record
Dec 21, 2005
$570,000
Public Record
Aug 1, 2001
$280,000
Public Record
Feb 16, 2001
$125,000
Public Record