Triplex with Multiple Separate
6118 S Main Los Angeles, CA 90003
6118 S Main, Los Angeles, CA, 90003
$749,999
For Sale
$749,999
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 Market95
Property Features for 6118 S Main
General Information
- Standard status
- Active
- Size
- 2,560 SF
- Property subtype
- MULTI_FAMILY
Building Details
- Year Built
- 1923
Listing agency
eXp Realty of California Inc
(888) 584-9427
Listed by
Hung Dao · License #02087990
Source
Milsteinestates
Added: Apr 18 Updated: Jul 21 at 12:05PM Checked: Jul 21 at 12:05PM
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
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
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.5k | $33.00 |
| − Vacancy | −$1.7k | −$0.66 |
| EGI | $82.8k | $32.34 |
| − OpEx | −$24.8k | −$9.70 |
| NOI | $58.0k | $22.64 |
2,560 SF · lease $33.00/SF/yr · vacancy 2.00% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
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
