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Same owner for 33 years, multifamily (9BR & 8BA) investment located in Koreatown, Los Angeles. Huge rental upside potential, tenants own refrigerator and gas oven, the owner bears no responsibility to repair or replace. The property is 100% occupied and collections have been 100% throughout Covid. 24/7 CCTV Security Camera. New roof in 2019 with a guarantee certificate. Building amenities include on-site parking in the rear (currently 8 cars parked) and in-unit washer hookups except 0+1. Unit 0+1 bachelor, no kitchen - owner pays hot water gas bill $10 per month. *Occasional Other Expense: Housing inspection done in 09/29/2022 - repair cost $3,920. *Insurance ($0.45/GSF). Owner occupied one unit to be delivered with a storage. Situated between two major streets Western Ave and Pico Blvd the building is walking distance to an elementary school, high school, strip shopping mall, and restaurants. Easy access to public transportation options which include bus stops and Wilshire/Western Station’s Metro B line (Red). Adjacent to USC, LA Downtown, Fashion District, Crypto.com Arena.
4,568 Sq ft
1,030 Sq ft
1,708 Sq ft
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Listing Agent: Sharon Chong
Listing Office: Real Estate Source Inc
Attribution contact: 818-450-7045