1552 6th AVE new

Los Angeles,CA 90019

$ 1560000

8 Beds

8 Baths

4812 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,812 sqft

Price per Sqft $324

MLS Listing ID 24472335

Bedrooms 8

HOA Y/N No

Year Built 1915

Lot Size 7,501 Sqft

Property Description

Exceptional investment opportunity in the high demand rental market in the Koreatown area! It is a well-maintained 4-unit property in C2 zoning with spacious units each featuring 2 bedrooms and 2 bathrooms with a functional and inviting layout. The property offers 5 detached garages and ample uncovered parking spaces. Copper plumbing was updated in 2009. Each unit has a separate utility meter and all tenants pay for their own utilities. All units are occupied by tenants who take excellent care of their homes. Rent is scheduled to increase for all 4 units in April 2025. Rent is a slightly under the comparable market rates, still providing steady income and potential for higher returns through rent increases and future resale value. Don't miss out on this prime investment!

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAC2

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features One Space

Garage Spaces 5.0

Garage Description 5.0

Attached Garage No

Total Parking Spaces 8

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5072019014

Special Listing Condition Standard

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