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Listed by Daniel Yoo • Dream Realty La Crescenta
$1,649,000
Est. payment /mo
3,303 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,303 sqft
Price per Sqft $499
MLS Listing ID GD-25144913
Year Built 1962
Lot Size 6,216 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Unbeatable Location in the heart of Koreatown! Just steps from Galleria Market and minutes to Downtown LA, this four-unit property offers the perfect blend of lifestyle and investment. The building features one spacious 3-bed/2-bath unit and three stylish 2-bed/1-bath units, with three recently remodeled. Each unit has separate gas/electric meters and upgraded A/C systems, and tenants pay all utilities except water. The electrical system has also been upgraded, enhancing both value and reliability.
Secure gated parking with assigned spaces is accessed from 11th Street, with potential for future ADU development. Unit 1 includes a private wrap-around patio — ideal for an owner to enjoy while renting out the other units, or as a desirable bonus for tenants. With strong rental demand, excellent upside, and a prime location surrounded by new developments, this property is a rare opportunity for both investors and owner-users.
Secure gated parking with assigned spaces is accessed from 11th Street, with potential for future ADU development. Unit 1 includes a private wrap-around patio — ideal for an owner to enjoy while renting out the other units, or as a desirable bonus for tenants. With strong rental demand, excellent upside, and a prime location surrounded by new developments, this property is a rare opportunity for both investors and owner-users.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Interior Features Granite Counters
Heating Wall Furnace
Flooring Laminate, Tile
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Uncovered
Pool None
Community Features Street Lights
Utilities Available Sewer Connected
View Y/N Yes
Building
Lot Description Corner Lot, Rectangular Lot
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900