12 UNITS | PRIME KOREATOWN LOCATION
Price: $3,000,000
Total Units: 12
Building SF: 9,740
Lot SF: 7,974
APN: 5503-017-006
Year Built: 1958
Zoning: R4-2
Olsen Real Estate Services presents an opportunity to acquire a multi-family apartment building, 527 S Manhattan Pl, located in the Koreatown neighborhood of Los Angeles. This property, 1958 construction, includes one building with 12 units totaling 9,740 rentable square feet. The rental units contain 7 one bedroom units and 5 two bedroom units. Through the gated entrance, the property features 12 parking spaces. In addition, the on-site laundry consists of 2 washers and 2 dryers for its tenants.
Adjacent to Hancock Park, this asset is located just north of Wilshire Boulevard and west of Western Avenue. Situated in a very desirable area of Koreatown, tenants live minutes from multi-level shopping malls, eclectic shops, modern and traditional restaurants, LA Live and Downtown Los Angeles.
Investment Highlights
- Amazing Unit Mix
- Approximately 30%+ Upside Potential
- On-Site Laundry
- 12 Parking Spaces
Location Highlights
- Great Koreatown Location
- Minutes from entertainment venues, LA Live and Downtown LA
- Walk Score: 94
- Close to the Metro Purple Line and the Metro Red Line
For more information, please call us at 310.663.7058 or email us using the contact form below.
Broker/Agent does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of the property provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of that information through personal inspection with appropriate licensed professionals. If your home is currently listed with another broker, this is not intended to solicit that listing. CalDRE 01928821