Income Investment property for sale in Prime Korea Town area. Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets, and schools Koreatown submarket area. Originally built in 1964, the three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc. For additional reference this investment is situated just South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In addition of this, the property is conveniently located near the 110, 101, and 10 Freeways. Property to be sold in "As-Is" condition, no termite or work repairs to be done by Sellers. Buyer responsible in verifying all property details. Sellers are very motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance offer.
MLS# | MB24109041 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1964 |
Days On Site | 161 |
Listing Provided By | GEORGE MICHAEL REALTY 323-728-2111 | ALFREDO GUERRA |
SQ Feet | 7,360 |
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Garage | 14 |
Story(s) | 2 |
Units | 12 |
Building(s) | 1 |
Zoning | LAR3 |
Acreage | 0.16 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90019 |
Area | KREA Koreatown |
Listing VS Median (in 90019) | |
Price: $3,200,000 low | high Med: $1,299,999 SqFt: 7,360 low | high Med: 2,319 $ / SqFt: $435 low | high Med: $561 On Site: 161 low | high Med: 40.000000 |