A compelling investment and development opportunity in the heart of Koreatown, one of Los Angeles' most dense and high-demand rental markets. This gated Craftsman-style property sits on an approximately 9,800 sq ft lot with an existing structure of approximately 5,800 sq ft and offers on-site parking for up to 12… Read More vehicles, a rare and valuable feature for the area.The property features a boarding house-style configuration with 9 bedrooms with en-suites and 9 singles with 3 shared bathrooms, with strong curb appeal and on-site laundry. The dense, supply-constrained submarket supports consistent rental demand, with additional income potential through furnished or corporate housing strategies, subject to buyer verification and local regulations. Zoned LAR3 per public records. Offered as-is. Ideal for investors or developers seeking a flexible asset with both income and repositioning potential. All information deemed reliable but not guaranteed. Buyer to conduct their own due diligence regarding zoning, use, unit count, square footage, lot size, permits, rent control applicability, income projections, and development feasibility. Read Less
Courtesy of The Hills Premier Realty
Listing Snapshot
Days Online
20
Last Updated
Property Type
Single Family Residence
Beds
18
Full Baths
11
Square Ft.
5,804
Lot Size
0.23 Acres
Year Built
1901
MLS Number
26660577
30 Days Snapshot Of 90006
$549k
-4%
(avg) sold price
10
+100%
homes sold
146
+36%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Washer, Dryer
Building
5,804 sq ft, Built in 1901, Levels: Multi/Split, Detached/No Common Walls, Craftsman
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