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Rira Joo
Coldwell Banker Exclusive
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Nestled in the vibrant neighborhood in the Heart of Koreatown Los Angeles, this beautiful income investment property comprising 4 well designed units is a prime residential income building that seamlessly combines comfort, convenience, and potential lucrative returns for investors. Step inside the front unit and be greeted by a warm and inviting atmosphere. The automatic gated entrance offers a sense of security and privacy. All stainless appliances including refrigerator, washer and dryer, microwave, dishwasher and oven range are included in each unit. This property offers endless possibilities as residents can enjoy easy access to a myriad of shops and restaurants nearby, making it a prime location for renters. Front unit will be delivered vacant, offering flexibility for the owner to live in one unit and collect passive income to cover your mortgage. Don't miss your chance to own and live in a strong revenue generating property in the heart of Koreatown, Los Angeles. Projected Cap Rate 5.1%.
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Total Bedrooms : 10
Total Baths: 10
Full Baths: 0
Half Baths: 0
Interior Features: Ceiling Fan(s)
Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Flooring: Laminate,Wood
Central Air
Air Conditioning
Central
Has Heating
Year Built: 2016
Building Area Total: 4,168
Gated Community
Stacked
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1356
Lot Size Dimensions: 46x128
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5906
Original List Price: 2,600,000
Listing Contract Date: 2024-04-01
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5078021018
Garage Description: Private
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C17 - Mid-Wilshire
Postal Code Plus 4: 3208
Directions: South of Olympic, East of Normandie
Zoning: LAR3
Source Property Type: Residential Income
Area: C17 - Mid-Wilshire
Property Age: 8
Year Built Source: Vendor Enhanced
Total Square Feet Living: 4168
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1637 S Vermont Avenue, Los Angeles, CA,90006 | $2,600,000 | -- | -- | -- | 12750 Sqft |
1833 W Pico Boulevard, Los Angeles, CA,90006 | $1,350,000 | -- | -- | -- | 6247 Sqft |
980 S Oxford Avenue #403, Los Angeles, CA,90006 | $770,000 | 3 | 2 | 1,324 | 15497 Sqft |
1661 S Normandie Avenue, Los Angeles, CA,90006 | $1,200,000 | 2 | 1 | 3,396 | 6208 Sqft |
1421 Courtland Avenue, Los Angeles, CA,90006 | $900,000 | -- | -- | 2,087 | 3941 Sqft |
1144 Elden Avenue, Los Angeles, CA,90006 | $3,000,000 | 18 | -- | 9,758 | 7000 Sqft |
1138 S Mariposa Avenue, Los Angeles, CA,90006 | $1,499,000 | 8 | -- | 4,064 | 5904 Sqft |
1125 S Lake Street, Los Angeles, CA,90006 | $968,000 | 9 | 4 | 4,117 | 8579 Sqft |
943 S Normandie Avenue #1, Los Angeles, CA,90006 | $420,000 | 1 | 1 | 338 | 4140 Sqft |
1217 S Kingsley Drive, Los Angeles, CA,90006 | $890,000 | 3 | -- | 1,597 | 5899 Sqft |
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ByOwner last updated this listing 05/16/2024 @ 13:46
MLS: 24375201
LISTED BY: Rira Joo, Coldwell Banker Exclusive
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.