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$1,560,000
Est. payment /mo
8 Beds
8 Baths
4,812 SqFt
UPDATED:
12/20/2024 11:19 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,812 sqft
Price per Sqft $324
MLS Listing ID 24472335
Bedrooms 8
HOA Y/N No
Year Built 1915
Lot Size 7,501 Sqft
Property Description
Exceptional investment opportunity in the high demand rental market in the Koreatown area! It is a well-maintained 4-unit property in C2 zoning with spacious units each featuring 2 bedrooms and 2 bathrooms with a functional and inviting layout. The property offers 5 detached garages and ample uncovered parking spaces. Copper plumbing was updated in 2009. Each unit has a separate utility meter and all tenants pay for their own utilities. All units are occupied by tenants who take excellent care of their homes. Rent is scheduled to increase for all 4 units in April 2025. Rent is a slightly under the comparable market rates, still providing steady income and potential for higher returns through rent increases and future resale value. Don't miss out on this prime investment!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAC2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features One Space
Garage Spaces 5.0
Garage Description 5.0
Attached Garage No
Total Parking Spaces 8
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5072019014
Special Listing Condition Standard
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Listed by Jae Song • Max Mega Group
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908