AS CLOSE TO A NEW CONSTRUCTION YOU WILL GET!
Fully Renovated, Turnkey 4-Unit in Prime Koreatown
An exceptional, hassle-free multifamily investment in one of Los Angeles’ most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottom—no deferred maintenance, no guesswork.
Unit Mix
(2) 3 Bed / 2 Bath
(1) 2… Read More Bed / 2 Bath
(1) 2 Bed / 1 Bath
Upper units feature 10-foot ceilings
Complete Renovation Highlights
Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers
Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, every wall has new insulation, CAT6 ethernet in every room
Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds
Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures
Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping
Property Highlights
-2 driveways with 12 off-street parking spaces
-Schlage keyless entry for building and units
-Nest smart thermostats
-Brand new stainless appliances in every unit
-$160,800 annual rental income
-6.26% cap rate | 14.2 GRM
-Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters)
-Walk Score: 92
Additional Notes
Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest. Read Less
Property listed by Real Broker, Ryan Smagacz 951-296-8095
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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