$1,600,000
We present a well-maintained fourplex investment opportunity ideally located in prime Koreatown, one of Los Angeles' most dynamic and high-demand neighborhoods. With a solid 4.19% CAP rate and a GRM of 15.63, this asset offers stable income and long-term growth potential. The unit mix includes one (3bd+2ba), one (2bd+2ba+den), one (2bd+1ba) and one (1bd+1ba). The building features fresh exterior paint, separate gas and electric meters, washer and dryer hookups in each unit, and 5 covered car parking spaces. One unit is vacant and other units are fully occupied by tenants. This is a rare opportunity to acquire a well-performing, low-maintenance asset in one of LA's most resilient and accessible submarkets in addition to proximity to major transit lines, markets, shopping, and dining supports strong rental demand and low vacancy.
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Listed by Johnny Cho with Keller Williams Realty Los Feliz (323) 300-1000
Property Type
Residential Income
Status
Active
MLS Number
25631895
Year Built
1962
Lot Size
5,519 sq ft