Coldwell Banker Realty is pleased to present the opportunity to acquire a four-unit apartment building in the Olympic Park-Koreatown neighborhood of Los Angeles. This property boasts a diverse unit mix, featuring 2 three-bedroom and two-bathroom units, 1 two-bedroom and two-bathroom unit, and 1 one-bedroom and one-bathroom unit. Gas and electricity… Read More are independently metered, while water is centrally metered. The construction combines stucco and wood-frame elements and offers 5 parking spaces for on-site tenants. Given that rents are currently below market value and the area is undergoing continued gentrification, investors will recognize the value in seizing this opportunity. Read Less
Property listed by Coldwell Banker Realty, Bo Hyeok Kim 818-240-1111
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Beds
9
Square Ft.
4,121
Lot Size
0.14 Acres
Year Built
1922
MLS Number
25531697
30 Days Snapshot Of 90006
$534k
-45%
(avg) sold price
2
-50%
homes sold
96
+113%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 4,121, Levels: Two, Living area: 4121, 2 stories, 3 buildings
Income
Gross income: $80,058, Net operating income: $48,034
Lot
0.1357 acres, 5,909 square feet, Size: 5,909
Parking
AttachedCarport, Driveway
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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