$2,099,000
THIS IS BASICALLY A NEW CONSTRUCTION. ABSOLUTELY EVERYTHING INSIDE & OUT OF THIS PROPERTY HAS BEEN RENOVATED TO BRAND NEW! Fully Renovated, Turnkey 4-Unit in Prime Koreatown An exceptional, hassle-free multifamily investment in one of Los Angeles’ most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottom—no deferred maintenance, no guesswork. Unit Mix (2) 3 Bed / 2 Bath (1) 2 Bed / 2 Bath (1) 2 Bed / 1 Bath One 3 Bed / 2 Bath can be delivered vacant at COE Upper units feature 10-foot ceilings Complete Renovation Highlights Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, every wall has new insulation, CAT6 ethernet in every room Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping Property Highlights -2 driveways with 12 off-street parking spaces -Schlage keyless entry for building and units -Nest smart thermostats -Brand new stainless appliances in every unit -$160,800 annual rental income -6% cap rate | 14.2 GRM -Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters) -Walk Score: 92 Additional Notes Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.
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Listed by Ryan Smagacz with Real Broker (855) 450-0442
Property Type
Quadruplex
Status
Active
MLS Number
DW26012688
Year Built
1921
Lot Size
5,489 sq ft