Property listed by Dream Realty & Investments Inc, Seong Kelly Chong 213-380-8949
$2,750,000
Nestled in the vibrant Silver Lake neighborhood near Koreatown, this well-maintained 11-unit apartment building offers a rare investment opportunity in one of LA's most sought-after rental markets. Situated on a prominent corner lot with a generous 12,669 sqft lot size and an approximately 6,800 sqft building, this property provides excellent… Read More visibility and strong rental demand. All units are separately metered for gas and electricity, with tenants covering their own utility costs. The property also features a spacious parking lot accommodating up to 12-16 vehicles, a valuable asset in this high-demand area. With its prime location, stable rental income, and long-term appreciation potential, this is an outstanding opportunity for investors looking to expand their portfolio in Los Angeles. Don't miss out contact today for more details.Please do not disturb tenants. Drive-by only. Showings will be arranged exclusively for serious buyers with an accepted offer.Anyone who contacts tenants is subject to disqualification. Read Less
Listing Snapshot
Days Online
60
Last Updated
Property Type
Other
Beds
12
Square Ft.
6,772
Lot Size
0.29 Acres
Year Built
1956
MLS Number
25511259
30 Days Snapshot Of 90026
$1.78M
+11%
(avg) sold price
20
+42%
homes sold
58
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1956, Building area total: 6,772, Levels: Two, Living area: 6772, 2 stories, 1 building
Heating
WallFurnace
Income
Gross income: $181,848, Net operating income: $138,748
Lot
0.2909 acres, 12,673 square feet, Size: 12,673
Parking
12 totals parking, Gated, OneSpace, Uncovered
Property
Zoning: LARD2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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