$1,499,000

Estimated payment $9,423/month

8 Beds
6 Baths
5,784 Sq Ft
$259 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Built-In Features
  • 5-minute walk to Normandie Recreation Center
  • Living Room with Fireplace
  • Dining Area

About This Home

Exceptional 6-unit multifamily investment located in the heart of Koreatown / Harvard Heights. Built in 1913, this property consists of two separate structures totaling approximately 3,916 SF on a 7,815 SF LAR2-zoned lot. A perfect value-add or long-term hold opportunity with stable tenants in place and strong rental demand in one of Los Angeles' most dynamic submarkets. Both buildings feature spacious units, and ample natural light, maintaining original character details. Zoning (LAR2) offers potential for future development or expansion. Conveniently located minutes from Wilshire Blvd, Downtown LA, USC, Metro Lines, and major freeways.This property provides consistent income generation and significant upside potential. Sold as-is; buyer to verify all information, permits.

Listing Agent

Julie Lee

I&J Properties License #00977271 Listed on: 10/17/2025

Co-Listing Agent

Eugene Yoon

Infinity Brokers, Inc License #01204553

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 7,815 Sq Ft Lot
  • Property is zoned LAR2

Home Design

  • Craftsman Architecture

Interior Spaces

  • 5,784 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms
  • Low Flow Toliet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 6 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5075-010-013

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Each unit offers spacious interiors, high ceilings, and classic period details, blending vintage character with long-term rental stability. Ideally located just minutes from Wilshire Blvd, Downtown LA, USC, and major Metro lines, this property provides both strong current income and value-add potential through upgrades or redevelopment. Zoning allows for future expansion or ADU opportunities, making it an attractive choice for investors or developers seeking growth in one of Los Angeles' most dynamic rental markets. Enjoy a walkable, transit-accessible lifestyle near shopping, dining, and cultural hotspots of Koreatown, all while holding a stable income-generating asset.
  • Living Area: 5784
  • Lot Acreage: 0.1794
  • Probate: No
  • Stories: 2
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Appliances: Gas
  • Bedrooms: 8
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Low Flow Toilet(s), Tile
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 259.16

Exterior Features

  • Other Features: Two On A Lot
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Pavers
  • Total Parking: 2

Utilities

  • Water District: DWP
  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: Water District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 32.77
  • Assessed Improvement Value: 413871
  • Assessed Land Percent: 67.23
  • Assessed Land Value: 848966
  • Total Assessed Value: 1262837
  • Assessor Parcel Number: 5075-010-013
  • Lot Description: 5 + Lots, Single Lot
  • Lot Location: City
  • Lot Size Area: 7815

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Number Of Units: 6
  • Type Of Units: Income

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 For Sale $1,499,000 -- $259 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25608291

The MLS