Property Detail

Description

Located just southeast of Normandie & Beverly in the heart of Koreatown, this classic Spanish-style 8-unit apartment building offers a rare blend of immediate income potential, long-term upside, and prime positioning in one of LA's strongest rental markets.Sitting on a 7,499 SF R4-zoned lot, this 6,711 SF building currently features eight oversized 1BR/1BA units, three of which are fully renovated and two delivered vacant, making it ideal for owner-users or investors looking to capture strong market rents right away. The property boasts significant capital upgrades, including copper/PEX plumbing, fresh exterior paint, renovated units, and new landscaping. Tenants enjoy classic hardwood floors, individual gas/electric meters, on-site laundry, and 6 gated parking spaces in the rear. Zoned LAR4, gives the opportunity for development in the future. Located minutes from Silver Lake, Downtown LA, and Dodger Stadium, and within walking distance to major Koreatown attractions and transit lines, this building checks all the boxes for location, stability, and future growth.