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$ 1,899,000
Est. payment | /mo
8 Beds
4 Baths
5,506 SqFt
$ 1,899,000
Est. payment | /mo
8 Beds
4 Baths
5,506 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,506 sqft
Price per Sqft $344
MLS Listing ID 26846833
Bedrooms 8
HOA Y/N No
Year Built 1921
Lot Size 8,942 Sqft
Property Description
Exceptional investment, owner-user, and redevelopment opportunity in the heart of Koreatown. This well-maintained 4-unit multifamily property is situated on a large lot in one of Los Angeles' strongest rental submarkets, offering immediate income with significant long-term upside. Ideal for investors seeking value-add potential, developers exploring future redevelopment opportunities, or owner-users looking to occupy a unit while benefiting from rental income.The property is centrally located near Wilshire Boulevard, Downtown Los Angeles, Hollywood, major employment centers, shopping, dining, entertainment, and public transportation. Conceptual redevelopment renderings are included in the listing photos to illustrate potential future development possibilities. Buyers are advised to conduct their own investigations regarding zoning, density, redevelopment potential, and all future use options.A rare opportunity to acquire a versatile asset in a high-demand location with multiple paths to create value. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5502011004
Special Listing Condition Standard
Listed by Keyvan Moradian Moradian Enterprises, Inc. #01926553