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$1,590,000
Est. payment /mo
5,911 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26039653
HOA Y/N No
Year Built 1920
Lot Size 5,911 Sqft
Property Sub-Type Quadruplex
Property Description
Investment Opportunity – Koreatown 4-Unit Property
Prime 4-Unit Investment Opportunity in the Heart of Koreatown – One 3BD/2BA Unit Delivered Vacant!
Rare opportunity to acquire a well-located four-unit income property in the highly desirable Koreatown neighborhood of Los Angeles. The property consists of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit, offering an attractive unit mix for strong rental demand. Three of the units have been upgraded within the past few years, enhancing the property's overall condition and rental appeal.
One 3-bedroom/2-bath unit will be delivered vacant, providing an excellent opportunity for owner-occupancy or the ability to lease at market rent for additional income upside. The remaining units are currently tenant-occupied, generating stable rental income.
The property is zoned LAR4, presenting potential future development opportunities (buyer to verify). Located in one of the strongest rental markets in Los Angeles, this asset benefits from high tenant demand and long-term investment potential.
Conveniently located with easy access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and USC, all within approximately a 5-mile radius. Public transportation is easily accessible with bus service one block away and metro stations approximately 4–5 blocks away.
Enjoy the vibrant lifestyle of Koreatown with a Walk Score of 95, surrounded by popular restaurants, bars, grocery stores, and everyday conveniences. The property is also located near Seoul International Park, a popular community park known for local events, markets, and cultural activities.
Drive-by only. Please do not walk on the property or disturb occupants.
Prime 4-Unit Investment Opportunity in the Heart of Koreatown – One 3BD/2BA Unit Delivered Vacant!
Rare opportunity to acquire a well-located four-unit income property in the highly desirable Koreatown neighborhood of Los Angeles. The property consists of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit, offering an attractive unit mix for strong rental demand. Three of the units have been upgraded within the past few years, enhancing the property's overall condition and rental appeal.
One 3-bedroom/2-bath unit will be delivered vacant, providing an excellent opportunity for owner-occupancy or the ability to lease at market rent for additional income upside. The remaining units are currently tenant-occupied, generating stable rental income.
The property is zoned LAR4, presenting potential future development opportunities (buyer to verify). Located in one of the strongest rental markets in Los Angeles, this asset benefits from high tenant demand and long-term investment potential.
Conveniently located with easy access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and USC, all within approximately a 5-mile radius. Public transportation is easily accessible with bus service one block away and metro stations approximately 4–5 blocks away.
Enjoy the vibrant lifestyle of Koreatown with a Walk Score of 95, surrounded by popular restaurants, bars, grocery stores, and everyday conveniences. The property is also located near Seoul International Park, a popular community park known for local events, markets, and cultural activities.
Drive-by only. Please do not walk on the property or disturb occupants.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5080031018
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Young Hong New Star Realty & Investment 213-820-0218, DRE #01967916
Nearby School & Business
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