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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,600,000

Est. payment - /mo

8 Beds

6 Baths

3,564 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,564 sqft

Price per Sqft $448

MLS Listing ID 25589379

Bedrooms 8

HOA Y/N No

Year Built 1962

Lot Size 5,519 Sqft

Property Description

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 4.10% 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). Two units have been thoughtfully refreshed and are now occupied by new tenants. The building features fresh exterior paint, separate gas and electric meters, washer and dryer hookups in each unit, and 5 covered car parking spaces. Fully occupied by reliable tenants, the property delivers consistent cash flow. Its proximity to major transit lines, markets, shopping, and dining supports strong rental demand and low vacancy. This is a rare opportunity to acquire a well-performing, low-maintenance asset in one of LA's most resilient and accessible submarkets.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Assigned, Covered, Carport

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Architectural Style See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5080013022

Special Listing Condition Standard

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Listed by Johnny Cho Keller Williams Realty Los Feliz

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1132 S Oxford AVE Los Angeles, CA 90006