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 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.
| MLS # | 26666307 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 194 |
| Listing Provided By | High Equity Real Estate Service, Inc. | Steven Bae |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 12 |
| SQ Feet | 7,100 |
| Story(s) | 1 |
| Units | 12 |
| Building(s) | 1 |
| Zoning | R4-1 |
| Acreage | 0.15 |
| Cooling | Central Air |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
| Parking Features | Covered |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C17 Mid Wilshire |
| Community Name | Koreatown, Los Angeles |
| Listing VS Median (in Koreatown, Los Angeles) | |
Price: $2,750,000 low | high Med: $0 On site: 194 low | high Med: | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C17 Mid Wilshire |
| Community Name | Koreatown, Los Angeles |
| Listing VS Median (in Koreatown, Los Angeles) | |
Price: $2,750,000 low | high Med: $0 On site: 194 low | high Med: | |
![]() | $2,750,000932 Fedora StreetLos Angeles, CA 90006 |