Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1916
Sq.Footage
N/A
Fully Renovated, Turnkey 4-Unit Investment in Prime Koreatown! Discover your next perfect, hassle-free investment in one of Los Angeles’ most sought-after neighborhoods. This fully modernized four-unit multifamily property has been upgraded from top to bottom—no detail overlooked—making it an ideal addition to any portfolio. Each spacious apartment offers 2 bedrooms, 1 bathroom, with 2 dens, storage room, and laundry room and approximately 1,170 sq ft of beautifully updated living space. Complete renovations include: -Infrastructure Upgrades: -New sewer lines, updated plumbing fixtures, and full electrical modernization (wiring, subpanels, switches, outlets, and lighting). -Modern Comforts: In-unit washer/dryer hookups, new dishwashers hookups, and energy-efficient 3-zone mini-split HVAC systems. -Stylish Finishes: New doors, drywall, fresh paint, white shaker kitchen cabinets with quartz countertops, premium stainless-steel appliances, and new durable flooring. -Bathroom Refresh: Contemporary vanities, new toilets, and modern fixtures. -Exterior Enhancements: Motorized, remote-controlled driveway security gate, roof repairs, and meticulously detailed windows with new wheels and parts. Property Highlights: -Covered carport with a total of 8 off-street parking spaces (2 per unit). -Lush, mature landscaping including banana and avocado trees. -$138,600 annual rental income. -Attractive around 6% cap rate and 13.7 GRM. -Tenants pay 100% of utilities; each apartment has its own electrical meter, gas meter, and water heater. -Prime location with a Walk Score of 95 and Transit Score of 82. Additional Information: Photos are virtually staged with furniture. No furniture comes with the sale. Do not disturb tenants. Showings will be conducted with an accepted offer. The listing agent holds a co-ownership interest in the property !
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ductless, Electric, Heat Pump
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Ductless
Exterior
-
Garage
No
-
Other Exterior Features
Garden
-
Parking
Assigned, Detached Carport
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Features
Garden, Landscaped, Near Public Transit
-
Lot Size(acres)
0.155
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$1,899,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
5
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Ryan Smagacz , Real Broker
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