1552 6th Avenue
Los Angeles, CA, 90019
$1,560,000
Beds
0 Baths
SqFt
0.17 Acres
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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!

Property Details

Price:
$1,560,000
MLS #:
24472335
Status:
Active
Baths:
0
Address:
1552 6th Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Dec 18, 2024
State:
CA
ZIP:
90019
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1915
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