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Matt O'Brien

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

$ 1,600,000

Est. payment | -/mo

8 Beds

6 Baths

3,564 SqFt

Save

$ 1,600,000

Est. payment | -/mo

Save

8 Beds

6 Baths

3,564 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,564 sqft

Price per Sqft $448

MLS Listing ID 26834697

Bedrooms 8

HOA Y/N No

Year Built 1962

Lot Size 5,519 Sqft

Property Description

We present a well-maintained fourplex investment opportunity ideally located in prime Koreatown, one of Los Angeles' most dynamic and high-demand neighborhoods. With a solid 4.19% CAP rate and a GRM of 15.63, this asset offers stable income and long-term growth potential. The unit mix includes one (3bd+2ba), one (2bd+2ba+den), one (2bd+1ba) and one (1bd+1ba). The building features fresh exterior paint, separate gas and electric meters, washer and dryer hookups in each unit, and 5 covered car parking spaces. One unit is vacant with new paint and new flooring and other units are fully occupied by tenants. This is a rare opportunity to acquire a well-performing, low-maintenance asset in one of LA's most resilient and accessible submarkets in addition to proximity to major transit lines, markets, shopping, and dining supports strong rental demand and low vacancy.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Assigned, Covered, Carport

Carport Spaces 4

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Architectural Style See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5080013022

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Johnny Cho Keller Williams Realty Los Feliz #01394690

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1132 S Oxford AVE Los Angeles, CA 90006