PRIME INVESTMENT OPPORTUNITY IN KOREATOWN/HANCOCK PARK ADJACENT AREA! Exceptional 4-unit property located in one of Los Angeles' most desirable and rapidly appreciating neighborhoods. This well-maintained building offers a perfect blend of stable income and potential upside in a location that continues to see strong rental demand. PROPERTY HIGHLIGHTS: *Four spacious… Read More units with functional floor plans enogh to convert all 3 bd 2 ba *Prime location near Larchmont Village, Hancock Park, and Koreatown *Minutes to downtown LA, Hollywood, and major employment centers *Close proximity to Metro stations for convenient city access *Walking distance to popular restaurants, cafes, and boutique shops *Nearby attractions include The Grove, LACMA, and Paramount Studios. INVESTMENT ADVANTAGES: *Strong rental market with high occupancy rates in the area *Potential for value-add improvements to increase ROI *Multi-unit property in a neighborhood with limited new development *Favorable rent-to-price ratio compared to similar Los Angeles submarkets opportunity to capitalize on Los Angeles' persistent housing shortage. This property represents a rare opportunity to acquire a multi-unit building in an established Los Angeles neighborhood with exceptional growth potential. Perfect for investors seeking stable cash flow with appreciation upside in one of Southern California's most resilient real estate markets. Schedule your private showing today! Read Less
Courtesy of New Star Realty 213-385-4989
Listing Snapshot
Days Online
31
Last Updated
Property Type
Other
Beds
8
Square Ft.
5,576
Lot Size
0.16 Acres
Year Built
1922
MLS Number
25514425
30 Days Snapshot Of 90004
$1,587k
-24%
(avg) sold price
12
+20%
homes sold
68
+83%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Free Standing Gas, Ceiling Fan, Gas Dryer Hookup, Range/Oven, Dishwasher
Building
5,576 sq ft, Built in 1922, Levels: Two, Attached, Colonial
Cooling
Room Refrig Air, Air Conditioning
Disclosures
As Is
Accessibility Features
None
Exterior Features
Stucco, Covered
Fireplaces
Family Room
Floors
Cement, Tile
Foundation
None
Garage
None
Water Features
Water: Water District
Heating
Wall, Natural Gas
Laundry
In Unit
Lot
LotAcreage: 0.1647, LotSizeArea: 7,173, Front Yard, Fenced Yard, Fenced, Exterior Security Lights, Back Yard, Automatic Gate, Alley Paved, Lot Shape-Rectangular, Sidewalks, Single Lot, Street Paved, Gutters, City
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