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$ 1,199,999
Est. payment | /mo
2,928 SqFt
$ 1,199,999
Est. payment | /mo
2,928 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,928 sqft
Price per Sqft $409
MLS Listing ID CRMB25170536
HOA Y/N No
Year Built 1895
Lot Size 5,906 Sqft
Acres 0.14
Property Sub-Type Comm Ind For Sale
Property Description
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 1128sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room 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
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Fireplace No
Exterior
Utilities Available Other
Building
New Construction No
Others
Tax ID 5078011013
Virtual Tour https://www.wellcomemat.com/mls/596u72bdbad11m9gm
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by JOSEPHINE SAN LUCAS • KELLER WILLIAMS LARCHMONT
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Patrick Nagel
REALTOR® | Lic# 1760790