Prime investment opportunity in the heart of LA's vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA's hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both this is a can't-miss opportunity.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
7/7/2025
|
|
YEAR BUILT
|
1922
|
COMMUNITY
|
C16 - Mid Los Angeles
|
|
GARAGE SPACES
|
8.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Gas Oven, Oven, Refrigerator |
| AREA |
C16 - Mid Los Angeles |
| CONSTRUCTION |
Stucco |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Natural Gas, Wall Furnace |
| LOT |
0.3022 acre(s) |
| LOT DIMENSIONS |
73 x 17825 |
| PARKING |
Assigned, Concrete, Covered, Driveway, Electric Gate, Community Structure, Shared Driveway, On Street |
| POOL DESCRIPTION |
None |
| SEWER |
Other |
| STORIES |
One, Two |
| STYLE |
Traditional |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
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Listed with Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/7/25 10:45 PM PDT 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
This IDX solution is (c) Diverse Solutions 2025.
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