Prime location in Mid-City Los Angeles 4plex offers both owner-user flexibility;~2500sqft, and strong income potential;~2500sqft. This glamorously updated and well-maintained 4-unit property is thoughtfully configured, allowing an owner to occupy approximately half the building with expensive backyard and separation via a central stairwell, creating a rare sense of privacy within… Read More a multifamily setting while earning a substantial income. The property reflects true pride of ownership with extensive system and interior enhancements, including central air conditioning for all 4 units, a newer roof, refreshed exterior, improved and paved parking surfaces, Level 2 EV charger (220V) for a modern convenience and partially upgraded plumbing and electrical systems. Each unit is also equipped with washer/dryer hookups with modern updates. Ideally situated near Koreatown, Downtown Los Angeles, USC, and major transit corridors, this offering combines everyday livability with strong rental demand. It presents a compelling blend of stability, upside, and long-term value in one of Los Angeles' most consistently sought-after rental markets. Two (2) units will be delivered vacant, which are meticulously configured for owner use. Read Less
Property listed by Redpoint Realty, Arthur Yoon 213-380-1500
Listing Snapshot
Days Online
30
Last Updated
Beds
9
3/4 Baths
7
Square Ft.
5,000
Lot Size
0.21 Acres
Year Built
1922
MLS Number
26849259
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1922, Living area: 5000.0, 2 buildings, Levels: Two
Cooling
CentralAir
Garage
4 spaces
Heating
Central
Income
Gross Income: $145,400, Net Operating Income: $98,591
Lot
0.2067 acres
Parking
4 open parking spaces, 8 total parking spaces, Concrete, Garage, Paved
Taxes
Parcel Number: 5073002013, Zoning: LAR3
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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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