$1,975,000
$20K PRICE DROP

Estimated payment $11,051/month

Total Views 2,034
24 Beds
8 Baths
5,991 Sq Ft
$330 Price per Sq Ft

Highlights

  • Multi-Level Bedroom
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Laundry Room

About This Home

Income-generating triplex in prime Koreatown near USC & Downtown LA provides substantial income and/or offers a redevelopment opportunity. 8700 sq ft lot with R4 zoning. This gated triplex offers 24 total bedrooms — the front home features 21 bedrooms and the two rear units above a 3 car garage provide an additional 3 bedrooms (total 24 bedrooms). The property includes 10 parking spaces (including the 3-car garage), on-site laundry, and low-maintenance appeals, making it ideal for both investors and owner occupants. Currently 6 rooms vacant, offering immediate rental income potential. Perfect for those looking to live in one unit and rent out the others, or developers seeking a high demand multifamily or apartment project in a prime Koreatown location. Drive by only — do not disturb tenants. Showings by appointment.

Listing Agent

Christina Kim

Christina Kim, Broker Brokerage Phone: 714-422-7272 License #01304079 Listed on: 09/19/2025

Co-Listing Agent

Maxwell Kim

IET Real Estate Brokerage Phone: 714-422-7272 License #02251774

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 8,700 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 10 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 5,991 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Laminate Flooring
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 24 Bedrooms | 5 Main Level Bedrooms
  • Multi-Level Bedroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 136
  • Tax Tract Number 2134
  • Assessor Parcel Number 5076008026

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Parking

10

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 5076008026
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 5991.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • One Quarter Bathrooms: 2
  • Total Bedrooms: 24
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 329.66
  • Room Type: Basement, Entry, Kitchen, Laundry, Multi-Level Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8700.00
  • Lot Size Acres: 0.1997

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8700.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 136
  • Tax Tract Number: 2134.02

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,812 $679,541 $295,451 $384,090
2024 $8,812 $666,217 $289,658 $376,559
2023 $8,657 $653,155 $283,979 $369,176
2022 $8,280 $640,349 $278,411 $361,938
2021 $8,146 $627,794 $272,952 $354,842
2019 $7,916 $609,175 $264,857 $344,318
2018 $7,722 $597,231 $259,664 $337,567
2016 $7,331 $574,042 $249,582 $324,460
2015 $7,230 $565,421 $245,834 $319,587
2014 $7,272 $554,346 $241,019 $313,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 Price Changed $1,975,000 -1.0% $330 / Sq Ft
09/19/2025 09/19/25 For Sale $1,995,000 -- $333 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Ticor Title Company
Individual Deed $460,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- --
Gift Deed -- --
Individual Deed $337,000 Continental Title
Individual Deed $243,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $730,000 Purchase Money Mortgage
Previous Owner $152,500 Credit Line Revolving
Previous Owner $368,000 Negative Amortization
Previous Owner $30,000 Purchase Money Mortgage
Previous Owner $302,900 No Value Available
Previous Owner $194,400 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25221379

California Regional Multiple Listing Service (CRMLS)

APN: 5076-008-026