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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,190,000

Est. payment | -/mo

8 Beds

4 Baths

5,544 SqFt

Save

$ 1,190,000

Est. payment | -/mo

Save

8 Beds

4 Baths

5,544 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,544 sqft

Price per Sqft $214

MLS Listing ID 26669985

Bedrooms 8

HOA Y/N No

Year Built 1924

Lot Size 7,126 Sqft

Property Description

Attention investors - priced to sell and packed with upside potential. This prime 5,544 SF fourplex is ideally located in the highly desirable Koreatown / Hancock Park adjacent neighborhood, one of Los Angeles' most dynamic rental markets. With stable in-place income, strong tenant demand, and significant opportunity for future rental growth and value enhancement, this property presents an outstanding chance to capitalize on long-term appreciation potential. The two-story Spanish Colonial Revival style property features four spacious 2-bedroom, 1-bathroom units, with functional floorplans including formal living room, family room, large kitchen, inside laundry area. Located just minutes from Downtown Los Angeles and near Wilshire Boulevard, placing it within a vibrant, high-density corridor known for its diverse dining, shopping, and everyday conveniences. Residents benefit from convenient access to Metro lines and major transit routes, enhancing connectivity and overall desirability. The area continues to experience strong tenant demand, supporting consistent occupancy and long-term rental growth. With a clear value-add component, investors have the opportunity to increase rents to market levels as units turn over, significantly boosting cash flow, overall returns and strong future appreciation. Sold as-is, where-is, with tenants in place. Drive by only, do not disturb tenants.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Garage

Total Parking Spaces 4

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5518019004

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Yana Bekher Associated Agents Realty #01348052

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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140 N Kenmore AVE Los Angeles, CA 90004