Active

826 S Park View Street

Los Angeles, CA 90057
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Bed 9

Bed

Bath 0

Bath

SqFt4,600

Sqft

SqFt7,486

Sqft(Lot)

Rare Opportunity !!! | Fully Renovated high income Unit | Separate Utility Meters | Pro Forma $9,600+/Month. It is very rare opportunity to acquire a high-performing income property in one of Los Angeles' strongest rental markets. Ideally located near Koreatown, Downtown Los Angeles, and Westlake, 826 S Park View St offers investors a compelling combination of immediate cash flow, recent renovations, and long-term appreciation potential. The property features an attractive unit mix consisting of: Two (2) spacious 2-Bedroom / 2-Bathroom units on the first floor. One (1) extensively renovated 4-Bedroom / 3-Bathroom unit on the second floor featuring brand-new flooring, fresh interior and exterior paint, updated finishes, and a modernized living environment designed to attract quality tenan ts. Additional attic area currently configured with bonus rooms and a bathroom, providing additional functional space and flexibility. One of the property's most valuable investment features is that each unit has its own separate gas and electric meter, allowing tenants to pay their own utilities and helping reduce landlord operating expenses while maximizing net income. This is not a heavy value-add project requiring substantial renovation costs. Major improvements have already been completed, allowing investors to focus on income generation from day one. With a Pro Forma Gross Rental Income of approximately $9,600+ per month, the property offers strong cash-flow potential in an area where rental demand continues to outpace supply. Situated just minutes from Koreatown, Downtown LA, Metro stations, major employment centers, restaurants, shopping, and entertainment, the property benefits from a consistently strong tenant pool and historically low vacancy rates. Whether you are a first-time investor, a 1031 exchange buyer, or an experienced multifamily operator seeking stable income and future appreciation, this property checks all the boxes.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,300,000

AD Id : 81482809

MLS Id : 26844241

Beds : 9

Lot Size : 7,486 Sqft

Living Area Size : 4,600

Year Built : --

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 9

    Bathroom Information

    Total Baths: 8 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer Flooring: Laminate,Wood
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Building Area Total: 4,600

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1719
  • Lot Size Source: Assessor Lot Size Square Feet: 7486

  • Listing Price Information

    Original List Price: 1,300,000 Listing Contract Date: 2026-06-08
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5141023015

  • Garage and Parking

    Garage Description: Door-Single,Garage,One Space

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas,Insurance,Water

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 5027 Directions: 8th St + Park View St (Next Hoover in Korea Town) Zoning: LAR4 Source Property Type: Residential Income Area: C42 - Downtown L.A.
  • Building and Construction

    Year Built Source: Vendor Enhanced Total Square Feet Living: 4600 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
161 S Burlington Avenue, Los Angeles, CA, 90057 $4,200,000 18 -- 6,874 6,874 SqFt
136 S Westlake Avenue, Los Angeles, CA, 90057 $1,850,000 -- -- 10,040 10,040 SqFt
127 S Westlake Avenue, Los Angeles, CA, 90057 $895,000 4 1 2,270 2,270 SqFt
272 S Burlington, Los Angeles, CA, 90057 $925,000 2 -- 2,778 2,778 SqFt
272 S Burlington, Los Angeles, CA, 90057 $925,000 -- -- 2,778 2,778 SqFt
229 S Westlake Avenue, Los Angeles, CA, 90057 $1,895,000 -- -- 6,150 6,150 SqFt
1803 Maryland Street, Los Angeles, CA, 90057 $1,249,000 6 -- 4,083 4,083 SqFt
502 S Westlake Avenue, Los Angeles, CA, 90057 $2,800,000 2 -- 13,539 13,539 SqFt
107 S Rampart Boulevard, Los Angeles, CA, 90057 $998,888 5 2 2,248 2,248 SqFt
2731 Beverly Boulevard, Los Angeles, CA, 90057 $8,895,000 66 -- 24,795 24,795 SqFt

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ByOwner last updated this listing 06/22/2026 @ 09:20

MLS: 26844241 LISTED BY: Jonghyeok Choi, Jonghyeok Choi 213-437-9911 SOURCE: CRMLS

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