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$ 1,799,000
Est. payment | /mo
8 Beds
7,171 Sqft Lot
$ 1,799,000
Est. payment | /mo
8 Beds
7,171 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25226051
Bedrooms 8
Lot Size 7,171 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Coming soon! Prime investment opportunity in the sought-after Koreatown/Hancock Park adjacent area! This exceptional four-unit property is located in one of Los Angeles most desirable and rapidly appreciating neighborhoods, offering the perfect combination of stable income and long-term growth potential. Each of the four spacious units features functional floor plans, with the possibility of converting into three-bedroom, two-bath layouts. The property is ideally situated near Larchmont Village, Hancock Park, and Koreatown, and just minutes from Downtown LA, Hollywood, and major employment hubs. Residents will appreciate the convenience of nearby Metro stations, along with easy access to popular restaurants, cafes, and boutique shops. Iconic attractions such as The Grove, LACMA, and Paramount Studios are also close at hand. This property offers strong rental demand with consistently high occupancy rates, along with the potential for value-add improvements to further boost ROI. With limited new development in the area and a favorable rent-to-price ratio compared to other Los Angeles submarkets, investors have the opportunity to capitalize on the citys ongoing housing shortage. Perfect for investors seeking a great opportunity as all 4 units are delivered vacant, rarely does a multi-unit property with such upside potential come to market in an established neighborhood. Schedule your private showing today!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction USE NAVIGATION
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5517002018
Listed by Mike Yum California Bridge Realty
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