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Recently Upgraded! Excellent ADU Potential! Owner-User Dream Opportunity! Unit #1 (2 Bed / 2 Bath) is currently VACANT, offering immediate occupancy for an owner-user or the opportunity to generate additional rental income. The property has been recently improved with fresh paint and updates, enhancing its overall appeal.Income Unit #2 is tenant-occupied and currently generating rental income.Income Unit #3 consists of a detached high-ceiling rear structure of approximately 1,200 sq ft. The building is currently leased as storage and office space, generating approximately $2,100 per month in rental income. The rear structure has previously been approved for auto repair use, providing additional flexibility and potential commercial use opportunities (Buyer to verify all permits, approvals, and permitted uses).Adding to its value, the rear structure may offer the potential to convert into up to two ADU units (Buyer to independently verify with the City), creating substantial future rental income and long-term appreciation potential.Located just minutes from vibrant Koreatown, this centrally located property offers strong in-place income with significant upside potential. Conveniently situated near popular restaurants, shopping, parks, schools, public transportation, Downtown Los Angeles, USC, and major freeways.A rare opportunity to acquire a versatile income-producing property featuring residential and commercial income, owner-user flexibility, and exceptional future development potential in one of Los Angeles' most desirable central locations.
Property Type(s):
Residential Income
| Last Updated | 6/22/2026 | Year Built | 1905 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
| APPLIANCES | Dryer, Microwave, Washer |
|---|---|
| AREA | C16 - Mid Los Angeles |
| HEAT | Baseboard |
| LOT | 5759 sq ft |
| LOT DIMENSIONS | 5760 |
| PARKING | Assigned |
| STORIES | 1 |
Location
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Listed with Redpoint Realty
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.
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