8311 S Main Street
Los Angeles, CA 90003
- 3 beds
- 1 bath
- 940 sqft
- 6,308 sqft lot
- $1,329 per sqft
- 1924 build
- – on site
Live and work in the same location no need to go elsewhere. Perfect for those who own a business and are paying rent for their business establishment this is the perfect opportunity. Nestled in the neighborhood of South Los Angeles, this single-family residence offers a unique investment opportunity as it sits on a 6,306 sq ft lot zoned for commercial use. This zoning opens up versatile options, allowing for potential redevelopment, business use, or expansion to match the dynamic needs of the area. This property enjoys proximity to several significant landmarks and points of interest. Just a short drive away is Downtown Los Angeles, where you'll find iconic destinations like LA Live, Crypto Arena, and the Los Angeles Convention Center. The property is also conveniently close to major highways, including I-110 and I-10, which facilitate easy commuting and access to greater Los Angeles. With its prime location, ample lot size, and flexible zoning, this property holds great potential for both residential, redevelopment, and commercial opportunities in the heart of Los Angeles.
Last checked:
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Checking…
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Last updated Nov 17, 2024
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MLS# MB24231136 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1924
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Year Built Source:Public Records
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New Construction:No
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Structure Type:Mixed Use
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Entry Level:1
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Common Walls:No Common Walls
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Total Number Of Units:1
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Stories Total:1
Interior
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Levels:One
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Entry Location:1
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Room Type:All Bedrooms Down
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:None
Room Dimensions
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Living Area:940.00
Location
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Directions:N of Manchester and E of Broadway
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Latitude:33.96377500
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Longitude:-118.27425800
The Property
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Property Type:Residential
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Subtype:Commercial/Residential
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Zoning:LAC2
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Lot Features:Tear Down, Yard
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Lot Size Area:6308.0000
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Lot Size Acres:0.1448
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Lot Size SqFt:6308.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2397.02
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Tax Tract:15
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Tax Lot:15
Beds
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Total Bedrooms:3
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Main Level Bedrooms:3
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Main Level Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6031036016
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Showings Begin:2024-11-17
Heating & Cooling
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Los Angeles Unified
The Community
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Senior Community:No
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Features:Sidewalks
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Pool:None
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Private Pool:No
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Association:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:1.00
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Attached Garage:No
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Garage Spaces:1.00
Monthly cost estimate
Asking price
$1,250,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,693
|
| Taxes | N/A |
| Insurance | $343 |
| Utilities | $124 See report |
| Total | $7,160/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/17/24
Nov 17, 2024
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Listed / Active | CRMLS_CA | $1,250,000 | |
|
5/6/24
May 6, 2024
|
Listed / Active | BRIDGE | ||
|
5/5/24
May 5, 2024
|
Listed / Active | CRMLS_CA |
36% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $38k above asking price on average, but some went as high as $351k over asking price.
