1552 6Th Avenue, Los Angeles, CA 90019
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Listed Price :
$1,560,000
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Beds :
8
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Baths :
8
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Property Size :
4,812 sqft
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Year Built :
1915
Property Description
Exceptional investment opportunity in the high demand rental market in the Koreatown area! It is a well-maintained 4-unit property in C2 zoning with spacious units each featuring 2 bedrooms and 2 bathrooms with a functional and inviting layout. The property offers 5 detached garages and ample uncovered parking spaces. Copper plumbing was updated in 2009. Each unit has a separate utility meter and all tenants pay for their own utilities. All units are occupied by tenants who take excellent care of their homes. Rent is scheduled to increase for all 4 units in April 2025. Rent is a slightly under the comparable market rates, still providing steady income and potential for higher returns through rent increases and future resale value. Don't miss out on this prime investment!
Interior Features
Bedroom Information |
Bedrooms |
8 |
Bathroom Information |
Bathrooms |
8 |
Listing Information
Address |
1552 6Th Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90019 |
County |
Los Angeles |
Listing Agent |
Jae Song DRE #01483086 |
Courtesy Of |
Max Mega Group |
List Price |
$1,560,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
4,812 |
Lot Size |
7,500 |
Year Built |
1915 |
Listing information courtesy of: Jae Song, Max Mega Group. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 20th, 2024 at 12:13 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.