Rare investment opportunity in the heart of Koreatown. This three-story, 15-unit multifamily property offers an elevator, secure subterranean parking, and a highly desirable central Los Angeles location. Since acquiring the property in 2018, the current owner has completed substantial improvements through out the building. Fourteen of the 15 units have been upgraded with central heating and air conditioning, with only one unit utilizing a window system. The unit interiors have also been extensively remodeled and updated, offering improved living spaces for tenants. No ousite manager required.
Details
MLS #
26873355
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1989
Days On Site
7
Listing Provided By
New Star Realty | Kyong Starrett
Features
Bed(s)
21
Bath(s)
21
SQ Feet
11,216
Story(s)
3
Units
15
Building(s)
1
Zoning
LAR4
Acreage
0.16
Interior
Cooling
Central Air
Heating
Central
Heating Yes / No
Yes
Cooling Yes / No
Yes
Area Information
State
CA
County
Los Angeles
City
Los Angeles
Zip Code
90005
Area
C17 Mid Wilshire
Listing VS Median (in 90005)
Price: $6,850,000
low | high
Med: $571,944
100% of Average
sqft: 11,216
low | high
Med: 1,001
100% of Average
$ / sqft: $611
low | high
Med: $577
55.470963126871% of Average
On site: 7
low | high
Med: 109
6.422018348624% of Average
Sourced by Back At You
Market Activity 90005
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 2
Avg $ Per SqFt: $596.09
Min Sale Price: $350,000
Max Sale Price: $2,285,000
Med Sale Price: $1,317,500
Date: Jun 2026
Sales: 1
Avg $ Per SqFt: $1205.59
Min Sale Price: $5,395,000
Max Sale Price: $5,395,000
Med Sale Price: $5,395,000
Date: May 2026
Sales: 3
Avg $ Per SqFt: $477.32
Min Sale Price: $785,000
Max Sale Price: $2,035,000
Med Sale Price: $900,000
Date: Apr 2026
Sales: 9
Avg $ Per SqFt: $696.35
Min Sale Price: $540,000
Max Sale Price: $4,300,000
Med Sale Price: $839,000
Date: Mar 2026
Sales: 6
Avg $ Per SqFt: $590.79
Min Sale Price: $550,000
Max Sale Price: $4,017,892
Med Sale Price: $1,515,000
Date: Feb 2026
Sales: 6
Avg $ Per SqFt: $684.78
Min Sale Price: $415,000
Max Sale Price: $2,625,000
Med Sale Price: $715,000
Date: Jan 2026
Sales: 6
Avg $ Per SqFt: $537.88
Min Sale Price: $325,000
Max Sale Price: $2,141,300
Med Sale Price: $639,500
Date: Dec 2025
Sales: 1
Avg $ Per SqFt: $483.58
Min Sale Price: $1,605,000
Max Sale Price: $1,605,000
Med Sale Price: $1,605,000
Date: Nov 2025
Sales: 2
Avg $ Per SqFt: $437.43
Min Sale Price: $475,000
Max Sale Price: $2,205,000
Med Sale Price: $1,340,000
Date: Oct 2025
Sales: 2
Avg $ Per SqFt: $373.35
Min Sale Price: $740,000
Max Sale Price: $2,060,000
Med Sale Price: $1,400,000
Sourced by Back At You
Jul 2026
Sales:
2
Avg $ Per SqFt:
$596.09
Min Sale Price:
$350,000
Max Sale Price:
$2,285,000
Med Sale Price:
$1,317,500
Jun 2026
Sales:
1
Avg $ Per SqFt:
$1205.59
Min Sale Price:
$5,395,000
Max Sale Price:
$5,395,000
Med Sale Price:
$5,395,000
May 2026
Sales:
3
Avg $ Per SqFt:
$477.32
Min Sale Price:
$785,000
Max Sale Price:
$2,035,000
Med Sale Price:
$900,000
Apr 2026
Sales:
9
Avg $ Per SqFt:
$696.35
Min Sale Price:
$540,000
Max Sale Price:
$4,300,000
Med Sale Price:
$839,000
Mar 2026
Sales:
6
Avg $ Per SqFt:
$590.79
Min Sale Price:
$550,000
Max Sale Price:
$4,017,892
Med Sale Price:
$1,515,000
Feb 2026
Sales:
6
Avg $ Per SqFt:
$684.78
Min Sale Price:
$415,000
Max Sale Price:
$2,625,000
Med Sale Price:
$715,000
Jan 2026
Sales:
6
Avg $ Per SqFt:
$537.88
Min Sale Price:
$325,000
Max Sale Price:
$2,141,300
Med Sale Price:
$639,500
Dec 2025
Sales:
1
Avg $ Per SqFt:
$483.58
Min Sale Price:
$1,605,000
Max Sale Price:
$1,605,000
Med Sale Price:
$1,605,000
Nov 2025
Sales:
2
Avg $ Per SqFt:
$437.43
Min Sale Price:
$475,000
Max Sale Price:
$2,205,000
Med Sale Price:
$1,340,000
Oct 2025
Sales:
2
Avg $ Per SqFt:
$373.35
Min Sale Price:
$740,000
Max Sale Price:
$2,060,000
Med Sale Price:
$1,400,000
MLS Number: 26873355
Kyong Starrett – kyongstarrett@newstarrealty.com
New Star Realty – (213) 385-4989
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