Triplex with Multiple Separate
For Sale
$749,999
6118 S Main, Los Angeles, CA 90003
Triplex with three units totaling six bedrooms and five bathrooms, offering separate addressed living spaces.
Property Size2,560 SF
Price / SF$292.97
Days on Market186
Property Features for 6118 S Main
General Information
Standard status
Active
Size
2,560 SF
Property subtype
MULTI_FAMILY
Additional Details
Highway Access
Yes
Multifamily Units
3
Building Details
Building Size
2,560 SF
Year Built
1923
Listing Agency:
eXp Realty of California Inc
Listed By:
Hung Dao · License #02087990
(888) 584-9427
Source:
Milsteinestates
Added: Apr 18
Changed: Oct 8
Last Checked: Oct 19 at 2:12PM
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 eXp Realty of California Inc
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Investment Insights
Based on property information with market context.
This triplex provides three independently addressed units with a total of six bedrooms and five bathrooms. Unit 1 offers 2 bedrooms and 1.5 bathrooms, and Unit 2 offers 2 bedrooms and 1.5 bathrooms. The front house (Unit 3) provides a 2-bedroom, 1-bath layout.
The property is located on Main Street in South Los Angeles, with convenient access to Downtown LA and USC. It is also described as being minutes from major freeways 110 and 10, along with public transit.
For buyers looking for an income-producing residential structure, the unit mix supports straightforward tenancy planning with two half-bath configurations in Units 1 and 2 and a single-bath layout in Unit 3.
The property is located on Main Street in South Los Angeles, with convenient access to Downtown LA and USC. It is also described as being minutes from major freeways 110 and 10, along with public transit.
For buyers looking for an income-producing residential structure, the unit mix supports straightforward tenancy planning with two half-bath configurations in Units 1 and 2 and a single-bath layout in Unit 3.
Key Highlights
- Triplex built in 1923 with 3 units and separate addressed living spaces
- Total of 6 bedrooms and 5 bathrooms across approximately 2,560 sq ft
- Unit 1: 2 bed, 1.5 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,953
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,060
$1.2M
Cap Rate 7%
$827,900
$827.9K
Cap Rate 9%
$643,922
$643.9K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$84.5K $33.00/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$82.8K $32.34/SF
− OpEx
−$24.8K −$9.70/SF
NOI
$58.0K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,060
Cap Rate 7%
$827,900
Cap Rate 9%
$643,922
Alternative Uses
Best Use
Apartment 5plus
$45.26M
$39.60M – $52.80M
NOI $3,168,138 @ 7.0% cap · market cap 422.42%
Second Best
Multifamily LT 5
$827.9K
$724.4K – $965.9K
NOI $57,953 @ 7.0% cap · market cap 7.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,485
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Triplex with three units totaling six bedrooms and five bathrooms, offering separate addressed living spaces.
Where is this triplex located?
The property is located at 6118 S Main Los Angeles, CA.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Triplex built in 1923 with 3 units and separate addressed living spaces; Total of 6 bedrooms and 5 bathrooms across approximately 2,560 sq ft; Unit 1: 2 bed, 1.5 bath
