We present a well-maintained fourplex investment opportunity ideally located in prime Koreatown, one of Los Angeles' most dynamic and high-demand neighborhoods. With a solid 4.32% CAP rate and a GRM of 14.74, this asset offers stable income and long-term growth potential. The unit mix includes one (3bd+2ba), one (2bd+2ba+den), one (2bd+1ba) and one (1bd+1ba). The building features fresh exterior paint, separate gas and electric meters, washer and dryer hookups in each unit, and 5 covered car parking spaces. All units are fully occupied. This is a rare opportunity to acquire a well-performing, low-maintenance asset in one of LA's most resilient and accessible submarkets in addition to proximity to major transit lines, markets, shopping, and dining supports strong rental demand and low vacancy.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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