Property Detail

Description

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 4.10% CAP rate and a GRM of 15.63%, 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). Two units have been thoughtfully refreshed and are now occupied by new tenants. The building features fresh exterior paint, separate gas and electric meters, washer and dryer hookups in each unit, and 5 covered car parking spaces. Fully occupied by reliable tenants, the property delivers consistent cash flow. Its proximity to major transit lines, markets, shopping, and dining supports strong rental demand and low vacancy. This is a rare opportunity to acquire a well-performing, low-maintenance asset in one of LA's most resilient and accessible submarkets.