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Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 441 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1030 sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 4.98% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few
Property Type(s):
Residential Income
| Last Updated | 7/31/2025 | Year Built | 1895 |
|---|---|---|---|
| Community | KREA - Koreatown | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s), Whole House Fan |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range |
| AREA | KREA - Koreatown |
| BASEMENT | Yes |
| CONSTRUCTION | Wood Siding |
| HEAT | Wall Furnace |
| LOT | 5907 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| PARKING | None, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow, Craftsman |
| UTILITIES | Sewer Available, Sewer Connected, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with KELLER WILLIAMS LARCHMONT
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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