Prime investment opportunity in the sought-after Koreatown/Hancock Park adjacent area! This exceptional four-unit property is located in one of Los Angeles’ most desirable and rapidly appreciating neighborhoods, offering the perfect combination of stable income and long-term growth potential. Each of the four spacious units features functional floor plans, with the… Read More possibility of converting into three-bedroom, two-bath layouts. The property is ideally situated near Larchmont Village, Hancock Park, and Koreatown, and just minutes from Downtown LA, Hollywood, and major employment hubs. Residents will appreciate the convenience of nearby Metro stations, along with easy access to popular restaurants, cafes, and boutique shops. Iconic attractions such as The Grove, LACMA, and Paramount Studios are also close at hand. This property offers strong rental demand with consistently high occupancy rates, along with the potential for value-add improvements to further boost ROI. With limited new development in the area and a favorable rent-to-price ratio compared to other Los Angeles submarkets, investors have the opportunity to capitalize on the city’s ongoing housing shortage. Perfect for investors seeking a great opportunity as all 4 units are delivered vacant, rarely does a multi-unit property with such upside potential come to market in an established neighborhood. Schedule your private showing today! Read Less
Property listed by California Bridge Realty, Mike Yum 714-310-6281
Listing Snapshot
Days Online
53
Last Updated
Property Type
Quadruplex
Lot Size
0.16 Acres
Year Built
1922
MLS Number
PW25226051
30 Days Snapshot Of 90004
$2.09M
+2%
(avg) sold price
10
-44%
homes sold
81
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 5,576, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
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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