Property listed by Ivy Realty Co., Ki Seon Im 213-386-8888
$2,600,000
Excellent investment opportunity in a highly desirable Mid-City location. This well-maintained corner property generates approximately $16,300 in gross monthly income and successfully passed the June 2026 Housing Inspection. The property has been extensively updated over the years with remodeled kitchens and bathrooms, quartz countertops, laminate flooring, vinyl windows, A/C units,… Read More a roof, security camera system, and many other improvements. Well maintained and easy to manage. Situated on an R3-1 lot in TOC Tier 2, the property offers long-term investment potential. Conveniently located near Hancock Park, Koreatown, DTLA, restaurants, shopping, and public transportation. Fully occupied with stable tenants Read Less
Listing Snapshot
Days Online
18
Last Updated
Beds
12
3/4 Baths
10
Square Ft.
5,359
Lot Size
0.19 Acres
Year Built
1925
MLS Number
26868755
Additional Details
Building
Built in 1925, Living area: 5359.0, 1 building, 2 stories, Levels: MultiSplit
Income
Gross Income: $195,600, Net Operating Income: $127,723
Laundry
CommonArea
Lot
0.1906 acres
Parking
8 total parking spaces, Concrete, Uncovered
Pool
None
Taxes
Parcel Number: 5092022018, Zoning: LAR3
Tenant Pays
CableTv
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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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