1552 6th Ave, Los Angeles, CA 90019 – 24-472335 - Norma Mardelli

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$1,560,000

Est. payment - /mo

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8 BD

8 BA

4,812 SqFt

New

1552 6th Ave Los Angeles, CA 90019

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/20/2024 10:11 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,812 sqft

Price per Sqft $324

MLS Listing ID 24-472335

Bedrooms 8

Year Built 1915

Lot Size 7,500 Sqft

Acres 0.1722

Property Description

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!

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAC2

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Other

Equipment Range/Oven

Exterior

Parking Features Garage Is Detached, Parking Space

Garage Spaces 8.0

Building

Level or Stories Two

Others

Special Listing Condition Standard

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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.

Listed by Max Mega Group