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$1,795,000
Est. payment /mo
8 Beds
4,228 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,228 sqft
Price per Sqft $424
MLS Listing ID CL26853139
Bedrooms 8
HOA Y/N No
Year Built 1923
Lot Size 8,701 Sqft
Acres 0.2
Property Sub-Type OTHER
Property Description
Price greatly improved! Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Forced Air
Fireplace No
Laundry Dryer
Building
New Construction No
Others
Tax ID 5518014020
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Listed by Toni Nan Xiong • Exp Commercial of California, Inc.
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