1552 6th Ave new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,812 sqft
Price per Sqft $324
MLS Listing ID 24-472335
Bedrooms 8
Year Built 1915
Lot Size 7,500 Sqft
Acres 0.1722
Property Description
Exceptional investment opportunity in the high demand rental market in the Koreatown area! It is a well-maintained 4-unit property in C2 zoning with spacious units each featuring 2 bedrooms and 2 bathrooms with a functional and inviting layout. The property offers 5 detached garages and ample uncovered parking spaces. Copper plumbing was updated in 2009. Each unit has a separate utility meter and all tenants pay for their own utilities. All units are occupied by tenants who take excellent care of their homes. Rent is scheduled to increase for all 4 units in April 2025. Rent is a slightly under the comparable market rates, still providing steady income and potential for higher returns through rent increases and future resale value. Don't miss out on this prime investment!
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LAC2
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Other
Equipment Range/Oven
Exterior
Parking Features Garage Is Detached, Parking Space
Garage Spaces 8.0
Building
Level or Stories Two
Others
Special Listing Condition Standard