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Listed by Sang Gae • OneTop Realty
$999,000
Est. payment /mo
7,488 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-26152416
Year Built 1921
Lot Size 7,488 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare opportunity to acquire a centrally located 4-unit multifamily property in the heart of Los Angeles. Located in the highly desirable Pico-Union / Koreatown submarket, this property offers strong rental demand, excellent accessibility, and significant long-term upside.
Built in 1921, the property sits on a large 7,488 square foot LAR3 zoned lot, offering investors potential value-add and future redevelopment opportunities. With limited multifamily inventory available in this high-demand rental market, this property represents an attractive opportunity for investors seeking both current income and long-term appreciation.
Conveniently located just minutes from Downtown Los Angeles, Koreatown, and USC, tenants benefit from easy access to major employment centers, public transportation, restaurants, and entertainment.
LAR3 Development Opportunity – 7,488 SF Lot in Central Los Angeles”
Built in 1921, the property sits on a large 7,488 square foot LAR3 zoned lot, offering investors potential value-add and future redevelopment opportunities. With limited multifamily inventory available in this high-demand rental market, this property represents an attractive opportunity for investors seeking both current income and long-term appreciation.
Conveniently located just minutes from Downtown Los Angeles, Koreatown, and USC, tenants benefit from easy access to major employment centers, public transportation, restaurants, and entertainment.
LAR3 Development Opportunity – 7,488 SF Lot in Central Los Angeles”
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Heating Forced Air
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 4.0
Pool None
Community Features Urban
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900