Los Angeles, CA90006
| 3564 sqft | MLS# 25589379
Tract:
For Sale $1,600,000
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.
Facts
| Built in 1962 | Lot Size: 5520.00 sqft | HOA Dues: $0/month
Features
Listing provided by Johnny Cho, Keller Williams Realty Los Feliz
Based on information from California Regional Multiple Listing Service, Inc. as of September 16, 2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.