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UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $33,700. Annual $404,400. What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installed, majority of electricals and plumbing were upgraded in the recent past years per Seller. Drive-by ONLY! See Private Remarks.
Property Type(s):
Residential Income
| Last Updated | 6/27/2024 | Year Built | 1961 |
|---|---|---|---|
| Community | Mid-Wilshire | Garage Spaces | 24.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Disposal, Microwave, Trash Compactor |
|---|---|
| AREA | Mid-Wilshire |
| GARAGE | Controlled Entrance, Covered, Electric Gate, Side by Side, Yes |
| HEAT | Wall Furnace |
| LOT | 9817 sq ft |
| PARKING | Controlled Entrance,Covered,Electric Gate,Side By Side |
| POOL DESCRIPTION | None |
| SEWER | Other |
| ZONING | LAR4 |
Location
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Listed with Masters Realty & Investment
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