Property listed by PARTNERS, Alison Seong Kim 213-700-5066
$1,190,000
Located in the heart of Koreatown, this multi-unit property offers a compelling investment opportunity within one of Los Angeles' most active and densely populated neighborhoods. Just moments from the Koreatown Galleria Market and surrounding retail amenities, the property also enjoys close proximity to Olympic Boulevard and Western Avenue, providing excellent… Read More accessibility and strong tenant demand. The property features three income-producing units and may be sold individually or as a combined sale with the adjacent property at 1139 S. Kingsley Drive, offering flexibility for investors seeking either a single asset or an expanded portfolio. The area's dense demographics and ongoing redevelopment further support long-term appreciation and income potential.An excellent opportunity for investors looking to establish or expand their presence in a prime Koreatown location, with additional upside potential. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
3
Square Ft.
1,665
Lot Size
0.14 Acres
Year Built
1895
MLS Number
26639835
Additional Details
Building
Built in 1895, Living area: 1665.0, 2 buildings, Levels: One
Cooling
None
Heating
None
Income
Gross Income: $58,560, Net Operating Income: $55,560
Lot
0.1355 acres
Parking
Driveway
Taxes
Parcel Number: 5080026009, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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