Corner Lot Mixed-Use 7-Unit
For Sale
Contact for pricing
Pending
4219 S Main St, Los Angeles, CA 90037
Corner lot mixed-use property with on-site surface parking and a community laundry room, generating $7,400+ monthly gross income.
Days on Market111
Property Features for 4219 S Main St
General Information
Standard status
Pending
Property subtype
Multifamily
Financials
Cap Rate
5.13%
Business Included
Yes
Additional Details
Multifamily Units
6
Building Details
Tenancy
Multi
Listing Agency:
Compass - Pasadena
(310) 230-5478
Listed By:
Max Berger · License #CA
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 30 at 3:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass - Pasadena
Investment Insights
Based on property information with market context.
4219 S Main is a 7-unit mixed-use property currently operating with a 5.13% current CAP. The building includes five 1-bedroom units and one studio unit, plus one commercial unit. The (5) garden-style 1-bedroom units are located on E. 49th St, while the commercial unit (Jim's Market) and the studio unit (Ebenezer Cleaner) are located on S. Main St. On-site surface parking and a community laundry room are also included.
The property is a corner lot just north of W. Vernon Ave. It generates approximately $7,400+ in gross monthly income.
The remarks also indicate the property may offer approximately 34% rental upside, with a believed future gross monthly income of approximately $9,500+ based on market rents for renovated units in the area.
The property is a corner lot just north of W. Vernon Ave. It generates approximately $7,400+ in gross monthly income.
The remarks also indicate the property may offer approximately 34% rental upside, with a believed future gross monthly income of approximately $9,500+ based on market rents for renovated units in the area.
Key Highlights
- 7‑unit corner lot mixed‑use property generating approx. $7,400+ in gross monthly income
- Unit mix: (5) 1‑bedroom units on E. 49th St, plus (1) studio and (1) commercial unit on S. Main St
- Commercial tenant: Jim's Market; studio tenant: Ebenezer Cleaner
Property Analytics
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Corner lot mixed-use property with on-site surface parking and a community laundry room, generating $7,400+ monthly gross income.
Where is this apartment building located?
The property is located at 4219 S Main St Los Angeles, CA.
What are key features of this property?
This property features: 7‑unit corner lot mixed‑use property generating approx. $7,400+ in gross monthly income; Unit mix: (5) 1‑bedroom units on E. 49th St, plus (1) studio and (1) commercial unit on S. Main St; Commercial tenant: Jim's Market; studio tenant: Ebenezer Cleaner
