Deal numbers
- Est. cap rate
- 5.2%
- Assumed rent, all units
- $6,450/mo
- Units
- 3
- Price per unit
- $250,000
- Est. annual NOI
- $38,700
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $73,530
- Operating expenses
- $36,765
- Net operating income
- $36,765
- Annual debt service
- $44,908
- Annual cash flow
- -$8,143
- Cash on cash return
- -4.3%
- Down payment
- $187,500
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Triplex
- Bedrooms
- 6
- Bathrooms
- 5
- Building size
- 2,560 sqft
- Lot size
- 5,340 sqft
- Year built
- 1923
- Stories
- 2
- Garage spaces
- 0
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 16
- MLS #
- 241292878
About this property
**PRICE REDUCTION** Incredible Income-Producing Opportunity in the heart of South Los Angeles! 6118 S Main St offers a rare chance to own a triplex with separate addresses and immediate rental income. Featuring a total of 6 bedrooms and 5 bathrooms across approximately 2,560 sq ft, this versatile investment delivers both strong cash flow and long-term appreciation upside. The property’s layout and zoning offer flexibility for investors seeking to optimize returns or add value through updates and improvements. Located along Main Street in a high-demand rental area, the property is minutes from Downtown LA, USC, major freeways (110 & 10), and public transit, ensuring consistent occupancy and strong tenant interest. This property combines character with opportunity, perfect for an investor looking to expand their portfolio or a buyer seeking a house-hack setup. 6118 S Main St delivers the best of both worlds, cash flow now and appreciation potential later. Whether you’re an investor or an owner-occupant, this property is a smart addition to any Los Angeles portfolio. Unit 1 has: 2 bed 1.5 bath Unit 2 has: 2 bed 1.5 bath Front house has 1 unit (Unit 3 has): 2 bed 1 bath
Location
6118 S Main
Los Angeles, Los Angeles, CA, 90003