10601 South Main Street

Los Angeles, CA 90003

$675,000
Last Sold Price
6
Beds
4
Baths
1,972 Sq. Ft.
$342 / Sq. Ft.
1,972
Sq. Ft.
$342
per Sq. Ft.

Description

Turnkey newer construction duplex built in 2004 and not subject to the city of LA's rent control ordinance. This property features two units, each with 3 bedrooms / 2 baths, offering strong cash flow for the investor or the savvy owner-occupant who wants to live in one while collecting rent from the other. Both units are in excellent condition and have both been upgraded. The downstairs unit has brand new kitchen cabinets, tile floors and granite counters plus newer cabinets and fixtures in both...Turnkey newer construction duplex built in 2004 and not subject to the city of LA's rent control ordinance. This property features two units, each with 3 bedrooms / 2 baths, offering strong cash flow for the investor or the savvy owner-occupant who wants to live in one while collecting rent from the other. Both units are in excellent condition and have both been upgraded. The downstairs unit has brand new kitchen cabinets, tile floors and granite counters plus newer cabinets and fixtures in both of the bathrooms. Both units were recently painted on the interior and both have been updated with granite counters and new carpeting in the bedrooms. Both units have indoor washer and dryer connections and two gated parking spaces each. Low maintenance yard and beautiful smooth stucco exterior. Easy access to the 110 and 105 freeways.
  1. Listed by Megan Edner • DRE #01437099 • Brokerage DRE #01437099 • Edner & Associates Real Estate Services

Property Details for 10601 South Main Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1972
Assessor Parcel Number
6074-008-040

Location

Listing Courtesy of Edner & Associates Real Estate Services, Megan Edner, DRE #01437099

Sold By Keller Williams Pacific Estates Cerritos, Vibhor Vineet, DRE #02098451

Add your commute
LISTING UPDATED: 03/08/2021 04:50 AM

Property Details for 10601 South Main Street

StatusClosed
MLS #DW20213369
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2004
Lot Size0.08 AC / 3,389 SF
CountyLos Angeles County

Location

Listing Courtesy of Edner & Associates Real Estate Services, Megan Edner, DRE #01437099

Sold By Keller Williams Pacific Estates Cerritos, Vibhor Vineet, DRE #02098451

Add your commute

Virtual Tour

Building Information for 10601 South Main Street

Stories2Residences-Year Built2004Building Size-Lot Size0.08 AC / 3,389 SF

Payment Calculator

$4,430 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,684

Property Taxes

$746

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10601 South Main Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $54,000
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $41,065
  • Financing: Conventional
Expense Details
  • Operating Expense: $12,935
  • New Taxes Expense: $7,935
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Trash Expense: $0
  • Water Sewer Expense: $3,000
  • Total Expenses: $12,935
Tax / Assessment Info
  • Tax Tract Number: 3064
  • Tax Census Tract: 2411.20
  • Tax Lot: 265
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,250
  • Unit Type Total Rent: $2,250
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 10601 South Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10601 South Main Street

Taxable ValueLand$364,140Additions$332,928Total$697,068
Tax Record2023$8,946 ($746 / month)
Home Facts
Total Finished SqFt1,972 SqFtAbove Grade Finished SqFt1,972 SqFtLot Size3,389 SqFtStyleDuplexYear Built2004ZoningLAC2CountyLOS ANGELESAPN6074-008-040

Schools near 10601 South Main Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Alain Leroy Locke College Prep Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edner & Associates Real Estate Services, Megan Edner, DRE #01437099

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.