Location! Location! Location! This two-story apartment complex in the heart of Koreatown is competitively priced and ideally situated between the prestigious Hancock Park and Mid-Wilshire neighborhoods. The property is approximately 5 miles from Downtown Los Angeles and offers convenient access to major freeways, public transportation, grocery stores, shopping centers, dining, and local schools.
The building features a total of eight 1-bedroom/1-bath units, with several units already remodeled, offering immediate rental appeal and value-add potential. This prime location presents excellent upside for investors and developers alike.
An exceptional opportunity exists for future development or redevelopment. The adjacent property at 121 S. Oxford Ave. is also available for purchase; combined, the two parcels offer an approximate total lot size of 14,318 sq ft (100’ x 143’) under LAR4 zoning, creating strong potential for higher-density residential development.