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GRM 11.87 and CAP 6.2 in the Prime location of Korea-town. This 12-Unit Apartment is fully occupied including one owner use unit. Exceptional Investment opportunity in the convenient Wilshire Center neighborhood. You can get tenants easily from many offices on Wilshire Blvd and restaurants/cafes form 6th ST. City Views and many windows for natural light and airy interior. This consists of 9 Units of 2B/2B, 2 Units of 1B/1B and 1 Unit of Single. Extra potential income for a storage. Upgrades include Earthquake Retrofit, replacing sewer lines, copper plumbing pipes and new entrance doors. 5 units are renovated with modern kitchens and nice finishes. New A/C for 6 units, new stoves for 8 units, and Stacked Laundry for 5 Units were installed in units. Units are equipped with refrigerator and laminate flooring. The Exterior is just freshly painted. 21 parking spaces with 10 CCTV security and a storage (extra income) are offered. Separate gas and electric meters. Built in 1963, this well-maintained 3-story property sits on the corner at 4th St and Oxford Ave. This is a prime rental area of Los Angeles teeming with businesses, markets, restaurants, schools, shopping, theaters, and convenient access to Metro and Bus stations. Close proximate to Hancock Park, Larchmont Village, Hollywood, DTLA, and offers easy access to Fwy 101. One unit can be shown by appointment.
Property Type(s):
Residential Income
| Last Updated | 5/19/2025 | Year Built | 1963 |
|---|---|---|---|
| Community | C17 - Mid-Wilshire | Garage Spaces | 8.0 |
| County | Los Angeles |
Price History
| Prior to May 10, '25 | $3,500,000 |
|---|---|
| May 10, '25 - Today | $3,450,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C17 - Mid-Wilshire |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 9017 sq ft |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| STORIES | Split/Multi Level |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Trees/Woods |
Location
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Listed with Keller Williams Beverly Hills
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