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$ 3,700,000
Est. payment | /mo
12,294 SqFt
$ 3,700,000
Est. payment | /mo
12,294 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,294 sqft
Price per Sqft $300
MLS Listing ID CL26844845
HOA Y/N No
Year Built 1960
Lot Size 0.258 Acres
Acres 0.2584
Property Sub-Type Other
Property Description
Twelve of the nineteen units have been fully renovated to a high-end specification, quartz countertops, stainless appliances, split-system A/C, hardwood-style flooring, and updated baths. The remaining units present a clear, repeatable renovation path with approximately 20% rental upside. At full market rents the cap rate expands from 6.02% to 8.96%, one of the most compelling current-to-market spreads available in mid-market Koreatown.
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Building
New Construction No
Others
Tax ID 5502019006
© 2026 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 Mark Ventre • Lyon Stahl Investment Real Estate, Inc.
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Patrick Nagel
REALTOR® Lic# 1760790