Excellent opportunity to acquire a 12-unit multifamily property in the highly desirable Koreatown submarket of Los Angeles. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, offering strong rental demand and stable tenancy.Situated on a quiet residential street with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong tenant appeal.The asset presents a value-add opportunity with rental upside potential as units turn over and can be repositioned to market rents. The property also features on-site parking, a desirable amenity in this dense urban location.The property may be purchased individually or together with the adjacent 932 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, steady cash flow, and the ability to enhance value through strategic management in one of Los Angeles' most dynamic rental markets.
123 days
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16
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Zillow last checked:
Listing updated:
Listed by:
Steven BaeDRE # 02033375310-528-5240,
High Equity Real Estate Service, Inc.310-528-5240,
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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