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$ 1,259,000
Est. payment | /mo
8 Beds
2,996 SqFt
$ 1,259,000
Est. payment | /mo
8 Beds
2,996 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,996 sqft
Price per Sqft $420
MLS Listing ID CL25489425
Bedrooms 8
HOA Y/N No
Year Built 1912
Lot Size 2,438 Sqft
Acres 0.06
Property Sub-Type OTHER
Property Description
Nestled in the heart of Mid-Wilshire's highly sought-after Koreatown neighborhood, this well maintained, pride-of-ownership four-unit apartment building offers stable income and is designated within an Opportunity Zone. Each updated unit features two bedrooms and one bathroom, with two situated on the first level and two perched on the second. All adorned with luxury vinyl hardwood floors, recessed lighting, updated kitchens with quartz countertops, in-unit washer and dryer, and a balcony or patio. Originally built in 1912, the property underwent extensive renovations in 2013, including updates to HVAC, electrical, plumbing, and low-voltage systems, along with modernized interior and exterior finishes. This property presents an outstanding opportunity for investors seeking a strong return and a cash-flowing asset in a competitive rental market. It's also an excellent option for a 1031 Exchange Buyer or Owner/User. Located just minutes away from DTLA, Metroline, 10/110 freeways, and all the wonderful things Koreatown has to offer. Please DO NOT disturb the tenants.
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating Wall Furnace, Central
Cooling Central Air
Flooring Tile
Fireplace No
Laundry Dryer, Washer
Exterior
View Y/N true
View City Lights
Total Parking Spaces 1
Building
New Construction No
Others
Tax ID 5078002026
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Listed by Rodney Wittbrodt • Compass