Compass is pleased to present the opportunity to acquire a four-unit apartment building in the Olympic Park-Koreatown neighborhood of Los Angeles. This property boasts a diverse unit mix, featuring 2 three-bedroom and two-bathroom units, 1 two-bedroom and two-bathroom unit, and 1 one-bedroom and one-bathroom unit. Gas and electricity are independently… Read More metered, while water is centrally metered. The construction combines stucco and wood-frame elements and offers 5 parking spaces for on-site tenants. Given that rents are currently below market value and the area is undergoing continued gentrification, investors will recognize the value in seizing this opportunity. Read Less
Property listed by Compass, Bo Hyeok Kim 626-205-4040
Listing Snapshot
Days Online
0
Last Updated
Beds
9
Square Ft.
4,121
Lot Size
0.14 Acres
Year Built
1922
MLS Number
25628201
Additional Details
Building
Built in 1922, Living area: 4121.0, 3 buildings, Levels: Two
Cooling
CentralAir
Income
Gross Income: $83,260, Net Operating Income: $43,590
Lot
0.1357 acres
Parking
4 total parking spaces, Driveway, Gated
Taxes
Parcel Number: 5080029016, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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