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9823 S Main StreetLos Angeles, CA 90003

For Sale

$1,760,000

Smart Buyer Rebate $17,600

MOTIVATED SELLER! BEST PRICED UNITS IN THE DIRECT AREA! Incredible opportunity to acquire a well-maintained 8-unit apartment building in the heart of South Los Angeles, offering significant upside in rental income. Each of the 8 units features 2 bedrooms and 1 bathroom, currently occupied by long-term tenants at below-market rents, presenting a clear path for future rental growth. Five of the units are Section 8, providing stable, government-backed rental income with room for approved increases. This asset is ideal for investors seeking immediate cash flow with value-add potential. With low maintenance requirements and competitive pricing, this property is poised for repositioning to enhance both cash flow and equity. Located in a high-demand rental area, just minutes from the 110 and 105 freeways, LAX, and major retail centers, parks, and entertainment venues. Tenants will appreciate the convenience, while investors will appreciate the upside. BEST PRICED in the direct area. This is a must see!

Listed by Carlos Villegas

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License #01775788

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eXp Realty of California Inc

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661-619-7335

Last updated December 10, 2025

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Source: CRMLS #25599939

Listing Facts

  • TypeMulti-family
  • NeighborhoodBroadway - Manchester
  • Bedrooms16
  • Days on Prevu36
  • Size4,664 sqft
  • Price per sqft$377

Location

Mortgage Calculator

Listing History

11/04/2025
Listed by eXp Realty of California Inc
$1,760,000

Property Details for 9823 S Main Street

Exterior

Construction

  • Number Of Units Total: 8
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1956

Measurements

  • Building Area Total: 4,664
  • Lot Size Acres: 0.13
  • Lot Size Area: 6,046
  • Lot Size Dimensions: 45,135
  • Lot Size Square Feet: 6,046
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.63
  • Gross Income: $174,816.00

Taxes

  • Parcel Number: 6053015013

Interior

Measurements

  • Living Area: 4,664

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 16

Parking

Parking

  • Parking Features: Gated, One Space, On Street

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 16 bedrooms in this multi-family home at 9823 S Main Street.

How does 9823 S Main Street compare to other multi-family homes in Broadway - Manchester?

This multi-family home is listed 77% above the average price for multi-family homes in Broadway - Manchester and has been on the market for 57 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,664 sqft.

9823 S Main Street is a 16-bedroom multi-family home for sale in Los Angeles CA 90003. On Prevu for 36 days at $1,760,000. This property features 4,664 square feet of living space, located in Broadway - Manchester. The median listing price for multi-family homes in this area is $750,000. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.