1552 6th Ave

Los Angeles CA 90019

4812 sq. ft.

7500 sq. ft.

Other

Currently for sale - view listing

Overview

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!

Features

8 bedrooms

8 bathrooms

8 carspaces

8 open car spaces

5 garage spaces

4812 sq. ft. floor area

7500 sq. ft. lot size

Other

Property history for 1552 6th Ave

2017

Sold

$1,320,000

03 Jul 2017 by Paul Yoo, of Mel Wilson & Associates

2015

Sold

$1,130,000

11 Sep 2015 by Yvonne Kim, of Bee Investment, Inc.

2015

Sold

$885,000

31 Mar 2015 by Stanley Shapiro, of Century 21 Beverlywood Realty

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.