We present a well-maintained fourplex investment opportunity ideally located in prime Koreatown, one of Los Angeles' most dynamic and high-demand neighborhoods. With a solid 4.32% CAP rate and a GRM of 14.74, this asset offers stable income and long-term growth potential. The unit mix includes one (3bd+2ba), one (2bd+2ba+den), one (2bd+1ba) and one (1bd+1ba). The building features fresh exterior paint, separate gas and electric meters, washer and dryer hookups in each unit, and 5 covered car parking spaces. All units are fully occupied. This is a rare opportunity to acquire a well-performing, low-maintenance asset in one of LA's most resilient and accessible submarkets in addition to proximity to major transit lines, markets, shopping, and dining supports strong rental demand and low vacancy.
| MLS # | 26834697 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 136 |
| Listing Provided By | Keller Williams Realty Los Feliz | Johnny Cho |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 3,564 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAR4 |
| Acreage | 0.13 |
| Cooling | Wall Window Units |
|---|---|
| Cooling Yes / No | Yes |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Assigned, Covered, Carport |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90006) | |
Price: $1,600,000 low | high Med: $839,950 sqft: 3,564 low | high Med: 3,119 $ / sqft: $449 low | high Med: $269 On site: 136 low | high Med: 30.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90006) | |
Price: $1,600,000 low | high Med: $839,950 sqft: 3,564 low | high Med: 3,119 $ / sqft: $449 low | high Med: $269 On site: 136 low | high Med: 30.5 | |