Located in the vibrant heart of Koreatown, this exceptional 13-unit apartment property offers a rare blend of prime location, strong investment potential, and modern urban living. Positioned on a desirable south and east-facing corner, the building enjoys abundant natural light along with breathtaking city light views.Situated in one of Los Angeles' most dynamic and highly sought-after rental markets, the property presents tremendous upside potential with continued demand and future appreciation. Many of the units have been thoughtfully upgraded with contemporary open-concept floor plans, creating bright, airy living spaces complemented by stylish modern kitchens and comfortable layouts designed for today's lifestyle.Residents enjoy the convenience of covered parking with secure gated access, while being just moments away from renowned restaurants, popular cafs, supermarkets, pharmacies, shopping, entertainment venues, schools, and Metro stations offering the ultimate walkable urban lifestyle.This property also represents an outstanding redevelopment and long-term investment opportunity, surrounded by numerous new luxury and mixed-use developments currently transforming the neighborhood. With ongoing revitalization and strong market momentum throughout Koreatown, this asset offers exceptional potential for future value growth and portfolio enhancement. Most of units have been remodeled !
| MLS # | 26666461 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 98 |
| Listing Provided By | B & B Investment Properties | Audrey Jung |
| Bed(s) | 15 |
|---|---|
| Bath(s) | 15 |
| SQ Feet | 11,230 |
| Story(s) | 2 |
| Units | 13 |
| Building(s) | 1 |
| Zoning | LAR3P |
| Acreage | 0.24 |
| Property View | Yes |
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Range, Refrigerator |
| Security Features | Carbon Monoxide Detectors, Security Gate, Gated Community, Smoke Detectors |
|---|---|
| Lot Features | Rectangular Lot |
| Parking Features | Assigned, Concrete, Covered, Electric Gate, Gated |
|---|
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90005 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90005) | |
Price: $3,999,000 low | high Med: $571,944 sqft: 11,230 low | high Med: 1,001 $ / sqft: $356 low | high Med: $577 On site: 98 low | high Med: 109 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90005 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90005) | |
Price: $3,999,000 low | high Med: $571,944 sqft: 11,230 low | high Med: 1,001 $ / sqft: $356 low | high Med: $577 On site: 98 low | high Med: 109 | |