Overview
- MixedUse
- 4
- 1921
Description
Rare opportunity to acquire a centrally located 4-unit multifamily property in the heart of Los Angeles. Located in the highly desirable Pico-Union / Koreatown submarket, this property offers strong rental demand, excellent accessibility, and significant long-term upside.
Built in 1921, the property sits on a large 7,488 square foot LAR3 zoned lot, offering investors potential value-add and future redevelopment opportunities. With limited multifamily inventory available in this high-demand rental market, this property represents an attractive opportunity for investors seeking both current income and long-term appreciation.
Conveniently located just minutes from Downtown Los Angeles, Koreatown, and USC, tenants benefit from easy access to major employment centers, public transportation, restaurants, and entertainment.
LAR3 Development Opportunity – 7,488 SF Lot in Central Los Angeles”
Address
Open on Google Maps- Address 15th
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90006
Details
Updated on March 9, 2026 at 5:08 pm- Property ID: HZPW26049046
- Price: $1,100,000
- Garages: 4
- Year Built: 1921
- Property Type: MixedUse
- Property Status: ResidentialIncome
- Listed by: Sang Gae
- DRE #: 01991313
- Contact Phone: 714-469-7987
- Contact Mail: chrisgae@yahoo.com
- Brokered by: OneTop Realty
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