6118 S Main, Los Angeles, California 90003, Los Angeles, 90003 - 6 bed, 5 bath
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Los Angeles, California 90003
This Income-Producing Triplex is a High-Potential Investment Opportunity listed at $749,999, representing a stable acquisition at its $749,999 Fair Market Value. Featuring 6 Bedrooms and 5 Bathrooms across three units within the Los Angeles Unified School District, the property offers immediate cash flow and versatile rental options. With a Condition Rating of 4, the functional but dated finishes provide a clear value-add path through cosmetic modernization. Its strategic location near USC and Downtown LA ensures high rental demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack setup.
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 | $293 | - |
A 323 W 60th Sold | $825,000 | 0 | 0 | 3,035 | $272 | 0.3 mi |
B 146 W Gage Avenue Sold | $885,000 | 0 | 0 | 2,460 | $360 | 0.2 mi |
C 5875 S Flower Street Sold | $600,000 | 4 | 3 | 1,972 | $304 | 0.5 mi |
D 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 is in functional condition but shows significant signs of age and dated finishes. While the kitchens and bathrooms have undergone some past updates—including tile flooring and white cabinetry—the styles are now outdated. The presence of popcorn ceilings, older wall heaters, window AC units, and mismatched appliances indicates the property has been maintained through occasional upkeep rather than a recent comprehensive renovation. It is move-in ready for tenants but requires minor repairs and cosmetic modernization to reach its full potential.
As a triplex with three 2-bedroom units, the property offers immediate rental income and a versatile layout for maximizing cash flow.
Proximity to Downtown LA, USC, and major freeways (110 and 10) ensures high tenant demand and consistent occupancy rates.
The recent price reduction to $799,998 increases the property's attractiveness to investors looking for a lower entry point in the Los Angeles market.
Built in 1923, the property may require substantial maintenance or upgrades to aging infrastructure such as plumbing and electrical systems.
Located directly on Main Street, the property is subject to higher levels of street noise and traffic, which may impact tenant preference.
The listing lacks mention of modern features like central cooling or updated kitchens, potentially requiring immediate capital expenditure to achieve market rents.
**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 | 1,907 | 67% |
| Lot Size | 5,340 | 5,200 | 58% |
| Price | $750.0K | $760.0K | 42% |
| Price per sq ft | $293 | $360 | 29% |
| Built year | 1923 | 1925 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 177 | 191 | 47% |
Mar 8, 2026
$749,999
$799,998
-6% Price Drop
Initial Listing
Feb 11, 2026
$799,998
$799,999
+0% Price Increase
Initial Listing
Jan 7, 2026
$799,999
$839,000
-5% Price Drop
Initial Listing
Oct 27, 2025
$839,000
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