Los Angeles, CA 90020
$3,700,000
Mark Quesada
Broker / Owner
DRE #02101365
Twelve of the nineteen units have been fully renovated to a high-end specification, quartz countertops, stainless appliances, split-system A/C, hardwood-style flooring, and updated baths. The remaining units present a clear, repeatable renovation path with approximately 20% rental upside. At full market rents the cap rate expands from 6.02% to 8.96%, one of the most compelling current-to-market spreads available in mid-market Koreatown.
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$27,307/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Mark Ventre, Lyon Stahl Investment Real Estate, Inc.
MLS# 26844845 · Active
History reflects records reported to the MLS and may be incomplete.