7008 South Main Street

Los Angeles, CA 90003

$550,000
Last Sold Price
4
Beds
2
Baths
1,457 Sq. Ft.
$377 / Sq. Ft.
1,457
Sq. Ft.
$377
per Sq. Ft.

Description

This could be your next investment opportunity or Live in one and enjoy rent from the front unit. Remodeled home, permits not on file, Buyer to do due diligence to satisfy condition. Gated, 2 units: Front unit is 2 bedroom 1 bath plus a bonus room. Back unit is 2 bedroom 1 bath. Updated with granite counter tops, crown molding and skirted window molding, tile flooring, stainless steel appliances, and wood cabinetry. Nice spacious interior with plenty of natural lighting. Please note: only the back...This could be your next investment opportunity or Live in one and enjoy rent from the front unit. Remodeled home, permits not on file, Buyer to do due diligence to satisfy condition. Gated, 2 units: Front unit is 2 bedroom 1 bath plus a bonus room. Back unit is 2 bedroom 1 bath. Updated with granite counter tops, crown molding and skirted window molding, tile flooring, stainless steel appliances, and wood cabinetry. Nice spacious interior with plenty of natural lighting. Please note: only the back unit will be delivered vacant at closing. Huge rear yard with concrete slab, block walls, and large enough to park plenty of vehicles and create an outdoor play space. Close access to public transit. Rent increase is due and Seller can do increase for buyer.
  1. Listed by LEANDRA SHEPHERD • DRE #01270054 • Brokerage DRE #01927637 • REALTY MASTERS & ASSOC. INC.

Property Details for 7008 South Main Street

Architectural Style
Contemporary
View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of REALTY MASTERS & ASSOC. INC., LEANDRA SHEPHERD, DRE #01270054

Sold By UNITED BROKERS REALTY, DORIS MELENDEZ, DRE #01350441

Add your commute
LISTING UPDATED: 03/10/2021 09:08 PM

Property Details for 7008 South Main Street

StatusClosed
MLS #IV20235231
Days on Market59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1944
Lot Size0.12 AC / 5,201 SF
CountyLos Angeles County

Location

Listing Courtesy of REALTY MASTERS & ASSOC. INC., LEANDRA SHEPHERD, DRE #01270054

Sold By UNITED BROKERS REALTY, DORIS MELENDEZ, DRE #01350441

Add your commute

Building Information for 7008 South Main Street

Stories1Residences-Year Built1944Building Size-Lot Size0.12 AC / 5,201 SF

Payment Calculator

$3,607 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7008 South Main Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $12,360
  • Gross Scheduled Income: $12,360
  • Net Operating Income: $11,940
  • Current Financing: VA
  • Financing: VA
Expense Details
  • Operating Expense: $177
  • New Taxes Expense: $0
  • Gardener Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $60
  • Insurance Expense: $0
  • Trash Expense: $20
  • Water Sewer Expense: $40
  • Total Expenses: $177
Tax / Assessment Info
  • Tax Tract Number: 2393
  • Tax Census Tract: 2393.20
  • Tax Lot: 25
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Water Heater
  • Equipment: Outside
  • Interior Features: Granite Counters
  • Room Type: Living Room
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating: Wall Furnace
  • Flooring: Carpet, Tile
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Security: Security Bars
  • Roof: Composition
  • Entry Location: front
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Block, Wrought Iron
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Near Public Transit
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Maintained
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,030
  • Unit Type Total Rent: $1,030
  • Unit Type Pro Forma: 1081
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number Wall AC: 0

Property History for 7008 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 7008 South Main Street

Taxable ValueLand$468,180Additions$104,040Total$572,220
Tax Record2023$7,264 ($605 / month)
Home Facts
Total Finished SqFt1,457 SqFtAbove Grade Finished SqFt1,457 SqFtLot Size5,201 SqFtStyleDuplexYear Built1944ZoningLAC2CountyLOS ANGELESAPN6011-006-042

Schools near 7008 South Main Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sixty-Sixth Street Elementary School
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

John C. Fremont Senior High School
Public9 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 REALTY MASTERS & ASSOC. INC., LEANDRA SHEPHERD, DRE #01270054

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.