Opportunity Zone! 8-Unit investment opportunity with 42% Upside on Rents located in the highly coveted Korea-Town neighborhood of Los Angeles. Built in 1923, this property totals 5,040 SF on a 7,250 SF R3 Zoned lot in the heart of Koreatown. 2 story income property. 4 units are 1 bed+1 Bath, other 4 units are studio with long term tenants. Sold with tenants in place. This property well-maintained with a secure, gated. Located next to many shops and restaurants in Koreatown. Close to DTLA and 10,110,101 FWY. Drive by only, please do not disturb tenants. Subject to interior inspection.
Off market
$1,388,000
1136 S Arapahoe St #8, Los Angeles, CA 90006
4beds
8baths
5,040sqft
MultiFamily
Built in 1923
-- sqft lot
$1,388,000 Zestimate®
$275/sqft
$2,621 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 8
Cooling
- Wall
Appliances
- Included: Microwave, Refrigerator
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 5,040 sqft
Property
Parking
- Total spaces: 8
Features
- Levels: Two
Lot
- Size: 7,248 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1923
Utilities & green energy
- Sewer: In Street
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Gated, Smoke Detector, Resident Manager
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Refrigerator, Ceiling Fan, Microwave
- ListingStatus: Active
- PropertyType: Residential Income
- Sewer: In Street
- SourceLivingArea: Vendor Enhanced
- Cooling: Wall/Window, Ceiling Fan
- ParkingGarage: Gated, Door Opener
- SourceLotSizeArea: Vendor Enhanced
- ListingArea: Mid-Wilshire
- Heating: Other
- FireplaceRooms: Living Room, Dining, Bath, Kitchen
- Levels: Two
- LotDescription: Fenced, Fenced Yard, Yard, Resident Manager
- SecurityFeatures: Carbon Monoxide Detector(s), Gated, Smoke Detector, Resident Manager
- Water: Meter on Property
- Country: US
- SourceLotSizeDimensions: Vendor Enhanced
- Style: Low Rise
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
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Estimated market value
$1,388,000