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 4.10% 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… Read More (2bd+1ba) and one (1bd+1ba). Two units have been thoughtfully refreshed and are now occupied by new tenants. The building features fresh exterior paint, separate gas and electric meters, washer and dryer hookups in each unit, and 5 covered car parking spaces. Fully occupied by reliable tenants, the property delivers consistent cash flow. Its proximity to major transit lines, markets, shopping, and dining supports strong rental demand and low vacancy. This is a rare opportunity to acquire a well-performing, low-maintenance asset in one of LA's most resilient and accessible submarkets. Read Less
Property listed by Keller Williams Realty Los Feliz, Johnny Cho 323-300-1000
Listing Snapshot
Days Online
26
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,564
Lot Size
0.13 Acres
Year Built
1962
MLS Number
25589379
30 Days Snapshot Of 90006
$672k
-21%
(avg) sold price
10
+233%
homes sold
72
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1962, Building area total: 3,564, Levels: Two, Living area: 3564, 2 stories, 1 building, Architectural style: SeeRemarks, Attached, Common walls: OneCommonWall
Cooling
WallWindowUnits
Income
Gross income: $102,390, Net operating income: $65,529
Lot
0.1267 acres, 5,520 square feet, Size: 5,520
Parking
5 totals parking, Assigned, Covered, Carport
Property
Zoning: LAR4
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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