$1,900,000
About this home
15 Bedroom/14 Bath Multi-Family apartment unit opportunity in the Westlake / Koreatown Area This centrally positioned multi-family property offers a compelling opportunity for investors seeking long-term upside in one of Los Angeles’ most established rental corridors. The building features 14 total units, comprised of 13 one-bedroom units and 1 two-bedroom unit. The unit mix is well suited to the surrounding rental market and offers meaningful opportunity for future repositioning. Existing rents and expenses are consistent with the property’s condition, presenting a clear path for increased performance through a thoughtful improvement strategy. Conveniently located near Koreatown, Downtown Los Angeles, Wilshire Blvd, and MacArthur Park, the property benefits from strong tenant demand, excellent walkability, and easy access to public transportation, employment centers, and neighborhood amenities. A solid acquisition for investors looking to add value in a core Los Angeles location. A MUST SEE!!!
Facts & features
- Laundry
- None
- Lot size
- 0.17 acres (7,391 sq ft)
- Year built
- 1957
- Area
- C 17 - Mid-Wilshire
- County
- Los Angeles
- Status
- Active
- Property type
- Multi Family
- Days on market
- 52
- Listed
- 2026-02-08
- Original price
- $2,200,000
- Terms
- Cash, Conventional, FHA, Submit
- Parcel #
- 5077028027
- MLS #
- IN26031056
