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$ 2,750,000
Est. payment | /mo
8 Beds
12 Baths
7,100 SqFt
$ 2,750,000
Est. payment | /mo
8 Beds
12 Baths
7,100 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,100 sqft
Price per Sqft $387
Subdivision Koreatown, Los Angeles
MLS Listing ID 26666307
Bedrooms 8
HOA Y/N No
Year Built 1961
Lot Size 6,403 Sqft
Property Description
Excellent opportunity to acquire a 12-unit multifamily property in the highly desirable Koreatown submarket of Los Angeles. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, offering strong rental demand and stable tenancy.Situated on a quiet residential street with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong tenant appeal.The asset presents a value-add opportunity with rental upside potential as units turn over and can be repositioned to market rents. The property also features on-site parking, a desirable amenity in this dense urban location.The property may be purchased individually or together with the adjacent 932 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, steady cash flow, and the ability to enhance value through strategic management in one of Los Angeles' most dynamic rental markets.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning R4-1
Interior
Heating None
Cooling Central Air
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 18
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5094023013
Special Listing Condition Standard
Listed by Steven Bae High Equity Real Estate Service, Inc. #02033375
NEARBY SCHOOL & BUSINESS
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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