10200 South Main Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$789,000
10200 South Main Street, Los Angeles, California 90003
0Bed
0Bath
3,980Sqft
5,227.2Lot
Year Built
1925
Close
-
List price
$789K
Original List price
$789K
Price/Sqft
$198
HOA
-
Days on market
-
Sold On
-
MLS number
OC25221324
Home ConditionTear down
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $789.0K(50th), sqft - 3980(50th), beds - undefined(50th), baths - undefined(50th).
Amazing LAC2-zoned property currently leased month-to-month by a reliable tenant. Ideal for investors or owner-users seeking flexible industrial space in a prime Los Angeles location. Strong upside potential with room for future redevelopment or increased rental income.
Price History
Date
Event
Price
09/22/25
Listing
$789,000
03/04/20
Sold
$440,000
10/05/98
Sold
$75,000
Condition Rating
Tear down
The property was built in 1925, making it 99 years old. The MLS description refers to it as 'flexible industrial space' with 'strong upside potential with room for future redevelopment,' which strongly suggests the value lies in the land and its potential for new construction rather than the existing structure. There are no interior images provided, making it impossible to assess the condition of kitchens, bathrooms, appliances, flooring, or other residential features. However, given its age and the emphasis on redevelopment, it is highly probable that the existing structure would require demolition or a complete overhaul to meet modern residential or even commercial standards, aligning with the 'tear-down' criteria for properties built over 50 years ago with no major renovations in the past 50 years.
Pros & Cons
Pros
Strategic Zoning (LAC2): The property benefits from highly desirable LAC2 zoning, offering significant flexibility for various commercial and industrial uses, and strong potential for future redevelopment in a prime Los Angeles market.
Prime Los Angeles Location: Situated in a prime Los Angeles location, enhancing its appeal for businesses, accessibility, and long-term property value appreciation.
Immediate Income Stream: Currently leased month-to-month by a reliable tenant, providing immediate rental income and cash flow for the new owner from day one.
Strong Upside Potential: The property offers strong upside potential through future redevelopment opportunities or the ability to increase rental income, appealing to growth-oriented investors.
Versatile Use Case: Ideal for both investors seeking income and redevelopment opportunities, and owner-users requiring flexible industrial space, broadening its market appeal.
Cons
Advanced Age of Structure: Built in 1925, the property is nearly a century old, which may necessitate significant capital expenditures for maintenance, modernization, or structural upgrades to meet current industrial standards or redevelopment goals.
Month-to-Month Lease Structure: While offering flexibility, a month-to-month lease might be less attractive to investors seeking long-term, stable income, or to owner-users requiring immediate and guaranteed occupancy without potential tenant transition periods.
Property Type Discrepancy: The listing states 'Residential' type but describes 'flexible industrial space' with a 'Mixed Use' sub-type. This inconsistency could create confusion, potentially impact financing options, or suggest the current structure may not be fully optimized for modern industrial operations without substantial conversion.