4219 S Main St Los Angeles, CA 90037

Listing agency Compass - Pasadena m***@compass.com Show Phone

Listed by Max Berger · License #CA

Source Crexi

Added: Apr 11 Updated: Jul 21 at 12:08AM Checked: Jul 21 at 6:22AM

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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.

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

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FAQs

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