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1552 6th Ave

Los Angeles CA 90019

8
8
8
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

<50%
Less than 50% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 6 eight-bedroom other properties similar to 1552 6th Ave, have been sold.

This represents a 15% increase in eight-bedroom other properties sales when compared to the previous 12 months.

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