Price $1,100,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 7,406 sqft
Days on Market 175
Koreatown triplex, perfect for owner occupants, investors, AND developers! Below market rents with one unit delivered vacant at closing. OWNER OCCUPANTS: Live in one unit and rent the other units to pay some (or all) of your mortgage! You have 3 options: live in a studio apartment with private patio, 1-bedroom apartment above the garage, or 2-bedroom house in front with enclosed front porch, dining room, and bonus room. INVESTORS: Diverse and attractive unit mix, with huge rent upside potential in a prime location. Plus, 3 single car garages and additional covered parking in the rear, a rarity for this area. Rehab units to instantly add value. DEVELOPERS: R3-1 zoning in a Tier 3 TOC and QUALIFIED OPPORTUNITY ZONE. Sandwiched between an 8-Unit apartment and 10-Unit apartment, this lot is underutilized. See new construction across the street at 240 and 246 N. Catalina St. 6 units being built on similar lots with the same zoning. GREAT LOCATION! Walkscore of 89, with plenty of restaurants, stores, and public transportation within walking distance (Metro Red Line is 3 short blocks away and bus lines are all around). Minutes from Downtown and 101/110/10 freeways, perfect for commuters.
Property Type(s): Residential Income
Last Updated 5/27/2021 Year Built 1951
Community Mid-Wilshire Garage Spaces 3.0
County Los Angeles

Price History

Prior to Mar 22, '21 $1,150,000
Mar 22, '21 - Today $1,100,000

Additional Details

AREA Mid-Wilshire
LOT 7405 sq ft
LOT DESCRIPTION 0-1 Unit/Acre, Near Public Transit, Value In Land
SEWER Public Sewer
WATER Public



Contact us about this Property

We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Christophe Choo to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by : Caroline Gim CalDRE: 01366389, Expert Real Estate

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/15/21 2:57 PM PDT 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

This IDX solution is (c) Diverse Solutions 2021.

Email a Friend