Excellent opportunity to acquire a 12-unit multifamily property in the highly desirable Koreatown submarket of Los Angeles. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, offering strong rental demand and stable tenancy.Situated on a quiet residential street… Read More with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong tenant appeal.The asset presents a value-add opportunity with rental upside potential as units turn over and can be repositioned to market rents. The property also features on-site parking, a desirable amenity in this dense urban location.The property may be purchased individually or together with the adjacent 932 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, steady cash flow, and the ability to enhance value through strategic management in one of Los Angeles' most dynamic rental markets. Read Less
Courtesy of High Equity Real Estate Service, Inc. 310-528-5240
Listing Snapshot
Days Online
34
Last Updated
Property Type
Other
Beds
8
Square Ft.
7,100
Lot Size
0.15 Acres
Year Built
1961
MLS Number
26666307
30 Days Snapshot Of 90006
$811k
+63%
(avg) sold price
4
-50%
homes sold
80
-51%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
7,100 sq ft, Built in 1961, Levels: One
Cooling
Central
Disclosures
As Is
Garage
Covered Parking
Heating
None
Lot
LotAcreage: 0.147, LotSizeArea: 6,402
Parking
CoveredParking: 18, TotalParking: 18
Property
NumberOfUnits: 12, Zoning: R4-1
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