$ 2,195,000
-
$2,195,000
Price -
10
Bed -
7
Bath -
3,624
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing SWCC03 - SWONYEMIC,DWSMARYA
Stabilized at a 6.26% cap, this fully renovated four-unit property in the heart of Koreatown offers strong in-place income with optional vacancy at close for owner-user or house-hack execution. The asset generates approximately $160,800 in annual gross rental income and operates at a 14.2 GRM on current performance. Tenants pay 100% of utilities with separate gas and electrical meters and individual water heaters, supporting efficient operating margins and durable cash flow. The property has undergone an extensive redevelopment delivering a near–new construction experience, including upgraded systems, modern interiors, and durable finishes throughout. Unit layouts are well sized and designed to support long-term tenant demand. Situated on a corner lot with exceptional walkability and close proximity to Wilshire Boulevard, transit, and major employment centers, the asset is well suited for investors seeking immediate cash flow with limited management risk or buyers looking to occupy one unit while preserving income.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
SW26028792
Year Built
1921
Total Square Footage
3,624
Lot/Acreage
0.13
County
Los Angeles
Area
KREA - Koreatown
Interior Details
- Bedrooms: 10
- Bathrooms: 7 Full
- Appliances: Dishwasher
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 12 car
- Parking Spaces: 12
- Roof: Elastomeric
- Others: Rain Gutters,2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5502005010
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
351 S Catalina Los Angeles, CA 90020
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
