Main Content
- Beds 14
- Baths 14
- sq. ft 9,009
- Status Sold
- Year Built 1965
- Property Type Commercial
About This Property
Trophy Property in Prime Koreatown with HUGE upside in Rent. Beautiful 10 unit, 2 story apartment located in the heart of Koreatown. Mix of 2bedroom/2baths and 1bedroom/1bath units with extremely large size units. 4 Units (2)2br and (2)1br units have been FULLY remodeled with all permits. Brand new kitchens with quartz counter top, brand new stainless steel appliances, gorgeous wide plank laminate flooring, recessed lights through out the entire unit, all dual pane windows including balcony sliding doors have been replaced. Ample parking with 13+1 spaces and leased outside laundry room for extra income. Gorgeous landscaping has been done. Perfect for owner user or for cash flow investment. Large LOT with an adjacent SFR, possible potential for redevelopment as well! DO NOT DISTURB TENANTS. DO NOT WALK ON PROPERTY. "Sold as-is" with no repairs or warranties. Contact LA for Offering Memorandum / Set-up Sheet. NEW RSO Increase is now 4% starting July 2019 - Enjoy the upside in income
| Type | # of Units | Bedrooms | Baths | Furnished | Rent | Actual Rent | Projected Rent |
| Unit 1 | 1 | 2 | 2.00 | No | $2,200.00 | $2,200.00 | $2,500.00 |
| Unit 2 | 2 | 2 | 2.00 | $1,178.00 | $1,178.00 | $2,400.00 | |
| Unit 3 | 3 | 1 | 1.00 | $1,156.00 | $1,156.00 | $1,700.00 | |
| Unit 4 | 4 | 1 | 1.00 | $1,103.00 | $1,103.00 | $1,700.00 | |
| Unit 5 | 5 | 1 | 1.00 | $1,650.00 | $1,600.00 | $1,700.00 | |
| Unit 6 | 6 | 2 | 2.00 | $2,200.00 | $2,200.00 | $2,500.00 | |
| Unit 7 | 7 | 2 | 2.00 | $1,420.00 | $1,420.00 | $2,400.00 | |
| Unit 8 | 8 | 1 | 1.00 | $1,400.00 | $1,400.00 | $1,700.00 | |
| Unit 9 | 9 | 1 | 1.00 | $1,103.00 | $1,103.00 | $1,700.00 | |
| Unit 10 | 10 | 1 | 1.00 | $1,078.00 | $1,078.00 | $1,700.00 |