Property listed by Associated Agents Realty, Yana Bekher 323-455-9710
$1,350,000
Prime investment opportunity with exceptional upside potential in the highly desirable Koreatown / Hancock Park adjacent neighborhood. This well-located 5,544 SF fourplex offers a stable in-place income, strong rental demand, and long-term appreciation in one of Los Angeles' most dynamic and supply-constrained rental markets. The two-story Spanish Colonial Revival style… Read More property features four spacious 2-bedroom, 1-bathroom units, with functional floorplans including formal living room, family room, large kitchen, inside laundry area. Located just minutes from Downtown Los Angeles and near Wilshire Boulevard, placing it within a vibrant, high-density corridor known for its diverse dining, shopping, and everyday conveniences. Residents benefit from convenient access to Metro lines and major transit routes, enhancing connectivity and overall desirability. The area continues to experience strong tenant demand, supporting consistent occupancy and long-term rental growth. With a clear value-add component, investors have the opportunity to increase rents to market levels as units turn over, significantly boosting cash flow, overall returns and strong future appreciation. Sold as-is, where-is, with tenants in place. Drive by only, do not disturb tenants. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
8
Square Ft.
5,544
Lot Size
0.16 Acres
Year Built
1924
MLS Number
26669985
Additional Details
Building
Built in 1924, Living area: 5544.0, 1 building, 2 stories, Levels: One
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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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