Los Angeles, CA 90006
$2,000,000

Mark Quesada
Broker / Owner
DRE #02101365
Positioned in the crown jewel of Koreatown, near the iconic intersection of Normandie Avenue and Wilshire Boulevard, this exceptionally rare 100% vacant triplex presents one of Los Angeles' most compelling value-add investment opportunities. Comprised of three spacious 3-bedroom units, this LAR4-zoned property offers a true blank canvas with significant repositioning potential, allowing the next owner to immediately renovate, modernize, reposition, or explore future development and entitlement opportunities (buyer to verify). Delivered completely vacant at the close of escrow, this is a rare opportunity to maximize rental income from day one without the challenges of tenant relocation or existing rent-control restrictions. Whether you're an experienced investor, developer, contractor, or owner-user with a vision, the possibilities are endless. Ideally situated just moments from Wilshire Boulevard, Metro stations, Downtown Los Angeles, world-class dining, shopping, entertainment, and major employment centers, this premier location continues to experience strong rental demand and long-term appreciation. Opportunities to acquire a fully vacant triplex in the heart of Koreatown are extraordinarily scarce. Bring your vision, unlock the tremendous upside, and capitalize on this rare opportunity to create a premier income-producing asset in one of Los Angeles' most sought-after investment corridors..
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$14,760/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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Interior
Construction
Lot & parking
$775,000
Median sale price
44 days
Avg days on market
97.9% of list
Sells for
Closed sales in 90006 over the last 6 months, all home types.
Listed by Leonard Lee, Property Advisors Group, Inc
Co-listed by Leah Ivy Chang, Property Advisors Group
MLS# 26866219 · Active
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.