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Nestled in the heart of Mid-Wilshire's highly sought-after Koreatown neighborhood, this well maintained, pride-of-ownership four-unit apartment building offers stable income and is designated within an Opportunity Zone. Each updated unit features two bedrooms and one bathroom, with two situated on the first level and two perched on the second. All adorned with luxury vinyl hardwood floors, recessed lighting, updated kitchens with quartz countertops, in-unit washer and dryer, and a balcony or patio. Originally built in 1912, the property underwent extensive renovations in 2013, including updates to HVAC, electrical, plumbing, and low-voltage systems, along with modernized interior and exterior finishes. This property presents an outstanding opportunity for investors seeking a strong return and a cash-flowing asset in a competitive rental market. It's also an excellent option for a 1031 Exchange Buyer or Owner/User. Located just minutes away from DTLA, Metroline, 10/110 freeways, and all the wonderful things Koreatown has to offer. Please DO NOT disturb the tenants.
Property Type(s):
Residential Income
| Last Updated | 3/12/2025 | Year Built | 1912 |
|---|---|---|---|
| Community | Mid-Wilshire | County | Los Angeles |
Price History
| Prior to Feb 11, '25 | $1,329,000 |
|---|---|
| Feb 11, '25 - Mar 12, '25 | $1,298,000 |
| Mar 12, '25 - Today | $1,259,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Dryer, Gas Cooktop, Microwave, Oven, Refrigerator, Washer |
| AREA | Mid-Wilshire |
| GARAGE | Driveway, Off Site |
| HEAT | Central, Wall Furnace |
| LOT | 2438 sq ft |
| PARKING | Driveway,Off Site |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 2 |
| STYLE | Traditional |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| ZONING | LAR4 |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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