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$1,250,000
Est. payment /mo
8 Beds
5 Baths
4,733 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,733 sqft
Price per Sqft $264
MLS Listing ID 26932647
Bedrooms 8
HOA Y/N No
Year Built 1895
Lot Size 5,902 Sqft
Property Description
GREAT LOCATION IN KOREATOWN! Rare opportunity to own a well-maintained income-producing property with strong character and a solid cap rate in the heart of Los Angeles. This excellent 5-unit investment property features four very spacious 1-bedroom, 1-bathroom attached units (2 upstairs & 2 downstairs), plus a separate, detached 2-bedroom, 1-bathroom rear building that is perfect for an owner-user. The current seller has updated all units with beautiful tiled floors, separate gas/electric meters, a newer roof, and newer plumbing. Tenants pay for their own electricity and gas. Situated in proximity to Downtown LA, vibrant dining, shopping, and major transit. This is a straightforward standard sale opportunity to add a high-potential asset to your portfolio! PLEASE DO NOT DISTURB TENANTS.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Appliance Refrigerator
Exterior
Parking Features None
Pool None
Private Pool No
Building
Faces East
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5078034004
Special Listing Condition Standard
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Listed by Frank Kim Fox Industrial Realty #01342449
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