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Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 450 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1,128 sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room /Office and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 5.5% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few
| DAYS ON MARKET | 144 | LAST UPDATED | 8/19/2025 |
|---|---|---|---|
| YEAR BUILT | 1895 | COMMUNITY | KREA - Koreatown |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Aug 19, '25 | $1,200,000 |
|---|---|
| Aug 19, '25 - Today | $1,199,999 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s), Whole House Fan |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range |
| AREA | KREA - Koreatown |
| BASEMENT | Yes |
| CONSTRUCTION | Wood Siding |
| HEAT | Wall Furnace |
| LOT | 5907 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| LOT DIMENSIONS | 5906 |
| PARKING | None, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow, Craftsman |
| UTILITIES | Sewer Available, Sewer Connected, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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