Description
Nestled in the heart of Mid-Wilshire's highly sought-after Koreatown neighborhood, this well maintained, pride-of-ownership four-unit apartment building offers stable income and is designated within an Opportunity Zone. Each updated unit features two bedrooms and one bathroom, with two situated on the first level and two perched on the second. All adorned with luxury vinyl hardwood floors, recessed lighting, updated kitchens with quartz countertops, in-unit washer and dryer, and a balcony or patio. Originally built in 1912, the property underwent extensive renovations in 2013, including updates to HVAC, electrical, plumbing, and low-voltage systems, along with modernized interior and exterior finishes. This property presents an outstanding opportunity for investors seeking a strong return and a cash-flowing asset in a competitive rental market. It's also an excellent option for a 1031 Exchange Buyer or Owner/User. Located just minutes away from DTLA, Metroline, 10/110 freeways, and all the wonderful things Koreatown has to offer. Please DO NOT disturb the tenants.
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8BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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2,996SQFT
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$420$/SQFT
School Ratings & Info
Description
Nestled in the heart of Mid-Wilshire's highly sought-after Koreatown neighborhood, this well maintained, pride-of-ownership four-unit apartment building offers stable income and is designated within an Opportunity Zone. Each updated unit features two bedrooms and one bathroom, with two situated on the first level and two perched on the second. All adorned with luxury vinyl hardwood floors, recessed lighting, updated kitchens with quartz countertops, in-unit washer and dryer, and a balcony or patio. Originally built in 1912, the property underwent extensive renovations in 2013, including updates to HVAC, electrical, plumbing, and low-voltage systems, along with modernized interior and exterior finishes. This property presents an outstanding opportunity for investors seeking a strong return and a cash-flowing asset in a competitive rental market. It's also an excellent option for a 1031 Exchange Buyer or Owner/User. Located just minutes away from DTLA, Metroline, 10/110 freeways, and all the wonderful things Koreatown has to offer. Please DO NOT disturb the tenants.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.