$1,590,000
Los Angeles, CA 90006
1920
Year Built
Los Angeles
County
Quadruplex
Property Type
Investment Opportunity – Koreatown 4-Unit Property Prime 4-Unit Investment Opportunity in the Heart of Koreatown – One 3BD/2BA Unit Delivered Vacant! Rare opportunity to acquire a well-located four-unit income property in the highly desirable Koreatown neighborhood of Los Angeles. The property consists of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit, offering an attractive unit mix for strong rental demand. Three of the units have been upgraded within the past few years, enhancing the property’s overall condition and rental appeal. One 3-bedroom/2-bath unit will be delivered vacant, providing an excellent opportunity for owner-occupancy or the ability to lease at market rent for additional income upside. The remaining units are currently tenant-occupied, generating stable rental income. The property is zoned LAR4, presenting potential future development opportunities (buyer to verify). Located in one of the strongest rental markets in Los Angeles, this asset benefits from high tenant demand and long-term investment potential. Conveniently located with easy access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and USC, all within approximately a 5-mile radius. Public transportation is easily accessible with bus service one block away and metro stations approximately 4–5 blocks away. Enjoy the vibrant lifestyle of Koreatown with a Walk Score of 95, surrounded by popular restaurants, bars, grocery stores, and everyday conveniences. The property is also located near Seoul International Park, a popular community park known for local events, markets, and cultural activities. Drive-by only. Please do not walk on the property or disturb occupants.
$8,463/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.