2 months on rocket

8418 S Main St, Los Angeles, CA, 90003

$1,945,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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8418 S Main St, Los Angeles$1,945,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Garage2 spaces
Year Built2023
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #PW24173915
Lot Size0.12 Acres
StatusActive

About 8418 S Main St

Introducing 8418 S. Main, an exceptional newly constructed 4-plex that redefines modern living and investment potential. This stunning property features four units, allowing you to set the rent as you see fit, whether you prefer to lease at market rates, explore Section 8 housing, or partner with a nonprofit for a meaningful cause. Each unit is designed for contemporary comfort, featuring interior laundry and an exquisite blend of high-quality materials. With a versatile unit mix, you’ll find expansive four-bedroom, 3.5-bath units, as well as a three-bedroom, 3.5-bath layout, all thoughtfully arranged across dual and tri-levels to maximize space and functionality. Step inside and experience the seamless designer touch, where the kitchen, backsplash, and bathrooms harmoniously match, creating a cohesive and stylish environment. Built with longevity in mind, this property promises to minimize maintenance requests and maximize income potential. Say goodbye to low-income, underperforming properties and embrace the future of real estate with 8418 S. Main—a prime opportunity to own a brand-new, high-return investment in a vibrant community.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 1

Listing Office:

  • Office Name: Sage Real Estate
  • Office Phone: (562) 307-0838
  • Listing Agent: Juan Huizar

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 110 to Machester to Main Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,945,000

Tax Information:

  • Annual Amount: $4,786
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

8418 S Main St vs Los Angeles

86 DAYS ON ROCKET

+48 Days

$1,945,000

+$921.5K More

KEY TAKEAWAY

This property is $921.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24173915

Listing Office:

  • Office Name: Sage Real Estate
  • Office Phone: (562) 307-0838
  • Listing Agent: Juan Huizar

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 18, 2020Home Sold
$375,000
Mar 31, 2011Home Sold
$137,500
Jun 07, 2010Home Sold
$463,861

Tax History

YEARPROP. TAXASSESSMENT
2021$4,786$375,000
2020$2,224$160,486
2019$2,103$157,340
2018$2,059$154,256
2017$2,059$151,232

History based on county public records data.

Payment Calculator

$9,775

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,898

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-553761
3
/10

  • South Park Elementary School

  • 8510 Towne Ave

  • 0.43 miles

  • Public District Grades KG-6

school-card-donut-553762
6
/10

  • Kipp Empower Academy

  • 8466 S Figueroa St

  • 0.51 miles

  • Public Charter Grades KG-4

school-card-donut-553763
6
/10

  • Knox Elementary School

  • 8920 Tupachi Pl

  • 0.52 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,656. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90003›8418 S Main St

This home is located at 8418 S Main St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This home, which was built in 2023, sits on a 0.12 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $1,945,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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