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$1,250,000
8 Beds ⋅ 5 Baths ⋅ 26932647 MLS ⋅ Active Status
GREAT LOCATION IN KOREATOWN! Rare opportunity to own a well-maintained income-producing property with strong character and a solid cap rate in the heart of Los Angeles. This excellent 5-unit investment property features four very spacious 1-bedroom, 1-bathroom attached units (2 upstairs & 2 downstairs), plus a separate, detached 2-bedroom, 1-bathroom rear building that is perfect for an owner-user. The current seller has updated all units with beautiful tiled floors, separate gas/electric meters, a newer roof, and newer plumbing. Tenants pay for their own electricity and gas. Situated in proximity to Downtown LA, vibrant dining, shopping, and major transit. This is a straightforward standard sale opportunity to add a high-potential asset to your portfolio! PLEASE DO NOT DISTURB TENANTS.

1215 Fedora Street, Los Angeles
$2,900,000
11 Beds ⋅ 16 Baths ⋅ 26937237 MLS ⋅ Active Status
743 S. Berendo Street represents an opportunity to acquire a stabilized, well-performing multifamily asset in Prime Koreatown, ideally located one block south of Wilshire Boulevard and just two blocks from the Wilshire/Vermont Metro Station. The property benefits from a 94 Walk Score ("Walker's Paradise"), offering residents exceptional walkability to neighborhood retail, dining, and transit key drivers of sustained rental demand in this submarket. Offered at an asking price of $2,900,000, the property is currently priced at a 7.63% cap rate and 98.37 GRM, providing solid going-in returns in one of Los Angeles' most supply-constrained rental markets. The asset supports favorable financing assumptions, including approximately 70% loan-to-value at an estimated 6.0% interest rate and a healthy 1.52 debt coverage ratio, resulting in approximately 6.30% cash-on-cash return on current operations. With continued rent growth to market levels, the property projects to a 8.07% pro forma cap rate and 7.70 GRM, offering meaningful upside while maintaining operational stability

743 S Berendo Street, Los Angeles
$1,699,000
6 Beds ⋅ 4 Baths ⋅ 26858467 MLS ⋅ Active Status
Rare development opportunity. Calling to all investors, builders & developers.There is a 4 existing units in the front of the property fully occupied, and RTI ready to pull permits and start construction of new detached 4 units. All 4 bedrooms & 3 bathrooms with central A/C and inside laundry unit.You can start building your new 4 units by meantime receiving the rent income from the front units. This unique Project is ideally located just minutes from the vibrant Wilshire corridor, L.A. Downtown, Hollywood Griffith park, Observatory.Outstanding rental district.

225 S Hoover Street, Los Angeles
$999,000
4 Beds ⋅ 4 Baths ⋅ 26850585 MLS ⋅ Active Status
This Craftsman-style, two story, four-unit multifamily property is located in the heart of Koreatown. Each unit features a functional one-bedroom, one-bath layout with heating and air conditioning, offering strong appeal for tenants and owners alike. The property includes a driveway with additional parking space behind the building and a rear storage shed. With its classic architectural character, practical unit mix, and central Los Angeles location near dining, shopping, public transit, and major employment corridors, 1219 Irolo Street presents an excellent opportunity for investors or buyers seeking income-producing residential property in one of L.A.'s most active rental markets.

1219 Irolo Street, Los Angeles
$1,625,000
10 Beds ⋅ 10 Baths ⋅ 26830619 MLS ⋅ Active Status
MAJOR PRICE REDUCTION! Wilshire & Normandie 90005 - Rare and Fantastic Deal! 8 units 1 Block away from the Wilshire & Normandie Subway Station, High Rise Offices, Restaurants, Shopping, Healthcare & Nightlife. Timeless Mid-Century Modern design with TWO: 2 Bed, 2 Bath & SIX: 1 Bed, 1 Bath Units all separately metered for gas & electricity. Amenities include 11 Off Street Car Port Parking Spaces, Onsite Laundry & Additional Storage. All Copper Plumbing, New Roof, Fresh Paint, Building Owns Laundry Machines. 91 Walkability Score. High Demand Units any Vacancies are filled at market rents Immediately! Do Not Disturb Tenants! Do Not Disturb Tenants

731 Irolo Street, Los Angeles
$1,295,000
9 Beds ⋅ 6 Baths ⋅ 26681233 MLS ⋅ Active Under Contract Status
Discover a rare investment opportunity just minutes from Downtown LA's premier attractions: the LA Convention Center, Crypto.com Arena, USC, plus the vibrant dining and nightlife of Koreatown. Nestled in the bustling Mid-Wilshire district, this fully rented, six-unit asset delivers strong occupancy, steady cash flow and exciting upside potential. Key Highlights are Prime Corner Lot: 6,272 SF parcel at Hoover St. & 12th St., zoned LAR4 for future redevelopment, Spacious Living: 4,032 SF building across two stories, featuring: One 3 BR/2 BA unit, One 2 BR/1 BA unit, Two 1 BR/1 BA units, Two studio units. Ample Parking & ADU Potential: 10 dedicated spaces in rear lot with room to add an accessory dwelling unit. Effortless Connectivity with access to I-10, US-101 and I-110 freeways. Strong Financials: Current gross income of $120,240 and 6.8% cap rate at a list price of $1,295,000 (incorporating the new property tax basis). All tenants are current on rent, ensuring uninterrupted cash flow from day one. Whether you're seeking a stable, income-producing asset or a development play in one of L.A.'s most sought-after neighborhoods, this investment offers the best of both worlds. Schedule your private tour today and seize the opportunity to own a vibrant piece of Los Angeles real estate.

2300 W 12th Street, Los Angeles
$699,000
2 Beds ⋅ 2 Baths ⋅ 26816777 MLS ⋅ Active Status
Make your home in this beautiful condominium in the heart of Koreatown, Los Angeles. A truly prime location and walking distance to many shops, restaurants, markets, and public transportation. Huge and spacious units with much much lower than market price. Only two bathrooms are remodeled. And Elevators, Lobby and front desk are renovated. Upgrade your living areas and rooms with savings from lower price. You can choose interior color, design, and materials by your own taste. Don't miss out this true "As-IS" unit.

727 S Ardmore Avenue Unit 304, Los Angeles
$2,699,999
8 Beds ⋅ 5 Baths ⋅ PW26084088 MLS ⋅ Active Status
Exceptional Virgil Village / Koreatown Investment Opportunity Business and Real estate (hotel permit) Don’t miss this rare chance to own a prime income-producing property on the prominent corner of 3rd Street and Virgil, in one of Los Angeles’ most sought-after and high-demand neighborhoods. Featuring 12 bedrooms, 13 bathrooms, and 9 gated parking spaces, this well-maintained property offers outstanding flexibility, strong upside potential, and exceptional long-term value. Originally renovated in 2017, the property includes central air, a newer solar panel system, a new electrical box, and an existing hotel permit. Currently operated as a Adult care facility 18 yrs in business with yelp reviews, it provides a unique opportunity for investors, operators, or buyers looking for a versatile asset with multiple potential uses. The business and property are being offered at an exceptional price, creating an attractive value proposition in a premier location. The property may also be delivered vacant, allowing even more options for repositioning, expansion, or future use. In excellent condition and already generating strong revenue, this is a rare opportunity to acquire a property with size, location, income potential, and lasting upside. 1031 exchange buyers are welcome.

238 S Westmoreland, Los Angeles
$1,150,000
4 Beds ⋅ 4 Baths ⋅ 26659743 MLS ⋅ Active Status
165 S Catalina Street presents a Koreatown multifamily investment and development opportunity delivered with RTI-approved plans to construct four additional units, allowing investors to immediately expand the property with minimal entitlement risk.The property sits on an 8,309-square-foot R3-zoned lot within a Transit-Oriented Communities (TOC) Tier 3 incentive area, creating a clear path for increased residential density near major transit. In addition to the approved expansion, the site is in close proximity to the Vermont/Wilshire Metro Station, positioning the property for potential future density increases under SB 79 Tier 1 transit proximity incentives once implemented.The existing improvements consist of a four-unit Tudor-style multifamily building totaling approximately 3,600 square feet, with average unit sizes around 900 square feet, providing flexibility for investors to reposition the existing units while planning for long-term development potential.Located within a designated Opportunity Zone, the property benefits from strong rental demand and proximity to neighborhood amenities including Wilshire Boulevard, Larchmont Village, Hancock Park, and Silver Lake, along with convenient access to the 101 and 10 Freeways.The property is being offered AS-IS with tenants in place, providing investors with current income while evaluating expansion or redevelopment strategies.

165 S Catalina Street, Los Angeles
$1,245,000
4 Beds ⋅ 3 Baths ⋅ 25620959 MLS ⋅ Active Status
***Do not disturb tenants,.***Drive by only*** for extra i unit 417 1/4 illegal unit(converted from1 garage, non payment by tenant for more details please call listing Agent).****next 423 N Serrano property sell all together.

417 N Serrano Avenue Unit 3, Los Angeles
$1,250,000
3 Beds ⋅ 1 Baths ⋅ 25620973 MLS ⋅ Active Status
***Do not disturb tenants, Drive by only*** Next property 417 N Serrano &423 N Serrano sell all together.*****

423 N Serrano Avenue, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.