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1206 Irolo Street

Los Angeles, CA 90006
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Bed 8

Bed

Bath 0

Bath

SqFt4,214

Sqft

SqFt5,909

Sqft(Lot)

Located in the heart of Los Angeles, 1206 Irolo Street presents a rare opportunity to acquire a meticulously maintained and extensively renovated four-unit apartment property in a highly desirable rental market. The current owner purchased the property in 2004 and invested nearly two years in a comprehensive renovation project. While preserving the original structural framework, the building was substantially rebuilt and modernized, creating a high-quality asset designed for long-term ownership and tenant satisfaction. As part of the renovation, the property was thoughtfully reconfigured from its original five-unit layout into four larger and more functional residences. This redesign enhanced the overall living experience for tenants while improving the property's long-term value and opera tional efficiency. The building has been exceptionally well maintained throughout ownership and continues to attract and retain quality residents. Each unit is equipped with its own in-unit washer and dryer, an amenity highly valued by today's renters. The property also offers dedicated on-site parking, with one parking space assigned to each one-bedroom unit and two parking spaces assigned to each three-bedroom unit, providing convenience rarely found in comparable properties throughout the area. One of the property's most attractive features is its stable tenant base. The building is occupied by reliable, long-term tenants who have demonstrated a consistent history of timely rent payments, creating dependable cash flow and minimizing management concerns for future ownership. Ideally situated near Koreatown and Downtown Los Angeles, the property benefits from easy access to major employment centers, public transportation, shopping, dining, and entertainment. This prime location, combined with the property's extensive renovation history, desirable unit amenities, dedicated parking, and strong tenant profile, makes this Fourplex an exceptional turnkey investment opportunity with both immediate income and long-term upside potential.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,375,000

AD Id : 81481645

MLS Id : 26844939

Beds : 8

Lot Size : 5,909 Sqft

Living Area Size : 4,214

Year Built : 1922

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 6
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace

  • Building Information

    Year Built: 1922
    Building Area Total: 4214
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 5909 Lot Size Acres: 0.1357 Lot Size Square Feet: 5,909

  • Listing Price Information

    Listing Price: $1375000

  • Tax Information

    Parcel Number: 5078036023

  • Location Information

    Direction: East of Irolo St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1032 S Westlake Avenue, Los Angeles, CA, 90006 $1,000,000 6 4 --
1817 W 12th Street, Los Angeles, CA, 90006 $1,599,000 7 -- 3,308 3,308 SqFt
1242 S Bonnie Brae, Los Angeles, CA, 90006 $740,000 4 2 2,207 2,207 SqFt
1324 S Westlake Avenue, Los Angeles, CA, 90006 $800,000 -- -- 4,232 4,232 SqFt
2300 W 12th Street, Los Angeles, CA, 90006 $1,295,000 9 6 4,032 4,032 SqFt
1605 S Bonnie Brae Street, Los Angeles, CA, 90006 $785,000 5 3 2,294 2,294 SqFt
1703 S Burlington Avenue, Los Angeles, CA, 90006 $995,000 5 4 3,604 3,604 SqFt
1136 Arapahoe, Los Angeles, CA, 90006 $1,400,000 4 8 --
1611 S Bonnie Brae Street, Los Angeles, CA, 90006 $625,000 4 2 1,378 1,378 SqFt
1617 S Bonnie Brae Street, Los Angeles, CA, 90006 $950,000 4 4 4,222 4,222 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 12:45

MLS: 26844939 LISTED BY: Soon Hee Lee, Landpac Properties 213-388-5155 SOURCE: CRMLS

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