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Rare opportunity to acquire a centrally located 4-unit multifamily property in the heart of Los Angeles. Located in the highly desirable Pico-Union / Koreatown submarket, this property offers strong rental demand, excellent accessibility, and significant long-term upside. Built in 1921, the property sits on a large 7,488 square foot LAR3 zoned lot, offering investors potential value-add and future redevelopment opportunities. With limited multifamily inventory available in this high-demand rental market, this property represents an attractive opportunity for investors seeking both current income and long-term appreciation. Conveniently located just minutes from Downtown Los Angeles, Koreatown, and USC, tenants benefit from easy access to major employment centers, public transportation, restaurants, and entertainment. LAR3 Development Opportunity - 7,488 SF Lot in Central Los Angeles"
| DAYS ON MARKET | 10 | LAST UPDATED | 3/8/2026 |
|---|---|---|---|
| YEAR BUILT | 1921 | COMMUNITY | C16 - Mid Los Angeles |
| GARAGE SPACES | 4.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C16 - Mid Los Angeles |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 7488 sq ft |
| LOT DIMENSIONS | 7488 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/14/26 5:15 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
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