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$1,795,000
Est. payment /mo
6,625 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26160318
HOA Y/N No
Year Built 1914
Lot Size 6,625 Sqft
Property Sub-Type Apartment
Property Description
Exceptional Koreatown Investment Opportunity! Well-maintained 6-unit apartment property located in the heart of highly desirable Koreatown, one of Los Angeles' strongest rental markets. Situated on an LAR4-zoned lot, this property offers an exceptional combination of stable current income and outstanding long-term redevelopment potential (buyer to verify).
Surrounded by numerous recently developed apartment and mixed-use projects, the neighborhood continues to evolve with modern architecture and an attractive streetscape, further enhancing the property's long-term investment appeal. The property features a desirable unit mix of apartment units and detached homes, offering strong tenant appeal and operational flexibility.
Ideally located just minutes from Wilshire Blvd., Vermont Ave., and Olympic Blvd., the property enjoys convenient access to Metro stations, public transportation, shopping, restaurants, and major employment centers, making it highly desirable for tenants.
Whether you're seeking a turnkey income-producing asset, a value-add investment, or a prime redevelopment opportunity, this is a rare offering in one of Central Los Angeles' most sought-after investment markets.
Surrounded by numerous recently developed apartment and mixed-use projects, the neighborhood continues to evolve with modern architecture and an attractive streetscape, further enhancing the property's long-term investment appeal. The property features a desirable unit mix of apartment units and detached homes, offering strong tenant appeal and operational flexibility.
Ideally located just minutes from Wilshire Blvd., Vermont Ave., and Olympic Blvd., the property enjoys convenient access to Metro stations, public transportation, shopping, restaurants, and major employment centers, making it highly desirable for tenants.
Whether you're seeking a turnkey income-producing asset, a value-add investment, or a prime redevelopment opportunity, this is a rare offering in one of Central Los Angeles' most sought-after investment markets.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Cooling None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5078004025
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Kuangkai Kuo In Realty Inc. 626-802-0335, DRE #01849263
NEARBY SCHOOL & BUSINESS
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