Welcome to an outstanding investment opportunity! This well-maintained 5-unit property is situated in vibrant Koreatown. With desirable R3 zoning and located within an Opportunity Zone, this investment holds great potential. Tenants have consistently paid 100% rent, even during the pandemic, ensuring stability. Plus, with current below-market-rate rents, there's significant room for growth. Perfect for investors considering a 1031 exchange, this property offers reliable income in a thriving market. Additionally, there's potential for an ADU to be built on the property. Don't miss your chance to secure a lucrative addition to your portfolio.
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DAYS ON MARKET
|
233
|
LAST UPDATED
|
9/30/2024
|
|
YEAR BUILT
|
1963
|
COMMUNITY
|
Mid-Wilshire
|
|
COUNTY
|
Los Angeles
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STATUS
|
Active
|
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PROPERTY TYPE(S)
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Residential Income
|
|
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| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
Mid-Wilshire |
| HEAT |
Wall Furnace |
| LOT |
5908 sq ft |
| STORIES |
2 |
| ZONING |
LAR3 |
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Listed with Masters Realty & Investment
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 11/1/24 10:21 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 2024.
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