Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 441 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1030 sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 4.98% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few
Property Type(s):
Commercial
|
Last Updated
|
8/1/2025
|
Year Built
|
1895
|
|
County
|
Los Angeles
|
Additional Details
| AIR |
Wall/Window Unit(s), Whole House Fan |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Wood Siding |
| GARAGE |
None, On Street |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
6098 sq ft |
| LOT DESCRIPTION |
Other |
| PARKING |
None, On Street |
| ZONING |
LAR- |
Listing provided by JOSEPHINE SAN LUCAS | 562-843-8748KELLER WILLIAMS LARCHMONT
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Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 8/2/25 2:09 AM PDT.
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