Presenting a rare opportunity to own a well-maintained 8-unit apartment complex in the highly sought-after Mid Los Angeles neighborhood, this charming property blends location, income potential, and long-term growth. Situated in a thriving rental market just minutes from Koreatown, Downtown LA, USC, and Culver City, the building offers easy access… Read More to public transportation, major freeways, and a wide array of dining, shopping, and entertainment options. Each unit boasts spacious floor plans with great natural light, and the property has been carefully cared for over the years, maintaining stable tenants and consistent cash flow. With the potential for future rent increases and value-add upgrades, this multifamily asset is ideal for investors looking to secure a foothold in one of LA's most dynamic and centrally located communities. Read Less
Property listed by Redpoint Realty, Hye Kyung Hwang 213-380-1500
Listing Snapshot
Days Online
9
Last Updated
Property Type
Other
Beds
8
Square Ft.
9,568
Lot Size
0.27 Acres
Year Built
1922
MLS Number
25526857
Additional Details
Building
Built in 1922, Building area total: 9,568, Levels: Two, Living area: 9568, 2 stories, 2 buildings, Architectural style: Contemporary
Cooling
None
Heating
None
Income
Gross income: $128,271, Net operating income: $89,790
Lot
0.2671 acres, 11,635 square feet, Size: 11,635
Parking
Driveway
Property
Zoning: LAR3
Security Features
CarbonMonoxideDetectors, SmokeDetectors
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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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