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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$2,000,000

Est. payment - /mo

9 Beds

6 Baths

4,972 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,972 sqft

Price per Sqft $402

MLS Listing ID 26866219

Bedrooms 9

HOA Y/N No

Year Built 1907

Lot Size 6,403 Sqft

Property Description

Positioned in the crown jewel of Koreatown, near the iconic intersection of Normandie Avenue and Wilshire Boulevard, this exceptionally rare 100% vacant triplex presents one of Los Angeles' most compelling value-add investment opportunities. Comprised of three spacious 3-bedroom units, this LAR4-zoned property offers a true blank canvas with significant repositioning potential, allowing the next owner to immediately renovate, modernize, reposition, or explore future development and entitlement opportunities (buyer to verify). Delivered completely vacant at the close of escrow, this is a rare opportunity to maximize rental income from day one without the challenges of tenant relocation or existing rent-control restrictions. Whether you're an experienced investor, developer, contractor, or owner-user with a vision, the possibilities are endless. Ideally situated just moments from Wilshire Boulevard, Metro stations, Downtown Los Angeles, world-class dining, shopping, entertainment, and major employment centers, this premier location continues to experience strong rental demand and long-term appreciation. Opportunities to acquire a fully vacant triplex in the heart of Koreatown are extraordinarily scarce. Bring your vision, unlock the tremendous upside, and capitalize on this rare opportunity to create a premier income-producing asset in one of Los Angeles' most sought-after investment corridors..

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Attached Carport

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5094022003

Special Listing Condition Standard

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Listed by Leonard Lee Property Advisors Group, Inc #01813331

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

926 S Normandie AVE Los Angeles, CA 90006

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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