For Sale

Listed by Demis Dokhanian from JNM Realty, INC.

Source: Combined LA Westside Multiple Listing Service, Inc #26839817

681 Shatto Pl, Los Angeles, CA, 90005

$5,299,000

30
24642 sq. ft.
10759 sq. ft.

Other

30+ days on the market

What's around 681 Shatto Pl

About this property

JNM Realty proudly presents, on an exclusive basis, 681 Shatto Pl, an extremely well-managed and maintained thirty (30) unit, non-brick apartment building in the heart of Koreatown, one (1) block from the brand new Wilshire/Vermont Metro Station and across the street from Southwestern Law School. The property features twenty-four (24) large Studio units and six (6) 1-bedroom/one-bathroom units. Twenty-four (24) units are renovated and there is over 45% potential upside for non-renovated units. Renovated units feature new kitchens, flooring, electrical systems, and new appliances. Five (5) units will be delivered vacant at close. The property has been excellently maintained over the past 12 years, resulting in an easy-to-manage tenant base and quality finishes on capital expenditures and unit renovations. The opportunity offers an astounding 6.92% going-in cap rate and only $215/sqft with 45% upside potential for non-renovated units. With the proper financing, a buyer could achieve a 9.00% cash-on-cash return based on in-place numbers. JNM Realty manages over 3,500 properties in Los Angeles and Orange County and is available to manage this asset for buyers. All offers are encouraged.

Looking for more information on 681 Shatto Pl?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$1,199,000
810 South Norton Avenue
Los Angeles CA 90005
3
3
2
Other
Listing courtesy of Mi Jeong Kim
For Sale
$3,495,000
747 S New Hampshire Ave
Los Angeles CA 90005
24
Other
Listing courtesy of Lyon Stahl Investment Real Estate, Inc.
For Sale
$7,700,000
3951 Ingraham Street
Los Angeles CA 90005
23
24
25
Other
Listing courtesy of Omni Realty & Investment Group

Other properties for sale by JNM Realty, INC.

For Sale
$1,400,000
5735 Camerford Avenue
Los Angeles CA 90038
6
6
6
Other
Listing courtesy of JNM Realty, INC.
For Sale
$3,500,000
6537 Woodley Avenue
Los Angeles CA 91406
23
18
Other
Listing courtesy of JNM Realty, INC.
For Sale
$1,500,000
14157 Calvert St
Los Angeles CA 91401
14
9
Other
Listing courtesy of JNM Realty, INC.

Browse properties sold in nearby areas

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent