$2,250,000

Estimated payment $14,486/month

Total Views 1,844
12 Beds
12 Baths
7,776 Sq Ft
$289 Price per Sq Ft

About This Home

12-unit multifamily property in the heart of Koreatown located in a Prime Rental area. Walking-distance access to Koreatown's top restaurants, Korean Super Markets, entertainment, and cultural attractions. Great Location & Opportunity for Redevelopment.

Listing Agent

Sun Choi

KORUS Real Estate License #00877392 Listed on: 04/04/2025

Co-Listing Agent

Mark Hong

KORUS Real Estate License #01067529

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Interior Spaces

  • 7,776 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Additional Features

  • 0.26 Acre Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 5080-008-005

Community Details

Overview

  • 5 Buildings
  • 12 Units
  • Korus Real Estate Association

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 7776
  • Lot Acreage: 0.2565
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 289.35

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 4580.00
  • Water Expense: 13428.00

Condo/Co-op/Association

  • Management Company: KORUS Real Estate
  • Mgmt Co Phone: 2132519000|

Fee Information

  • Insurance Expense: 9000.00
  • Maintenance Expense: 15850.00

Lot Info

  • Assessed Improvement Percent: 51.02
  • Assessed Improvement Value: 266793
  • Assessed Land Percent: 48.98
  • Assessed Land Value: 256110
  • Total Assessed Value: 522903
  • Assessor Parcel Number: 5080-008-005
  • Lot Size Area: 11174

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.21
  • Number Of Units: 12
  • Total Annual Expense: 52544
  • Type Of Units: 1BD + 1BA
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 7736.00

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 Change Sq Ft Price
04/04/2025 04/04/25 For Sale $2,250,000 -- $289 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25521663

The MLS