Prime 6-Unit Investment Property in the Heart of Koreatown – No City Rent Control!
This rare 6-unit apartment building, built in 1989, is a prime investment opportunity in Los Angeles' Koreatown, one of the fastest-growing and most
sought-after rental markets in the city. Located between Vermont & Western Avenues on Olympic Blvd, this property offers an unbeatable central
location with easy access to top restaurants, shopping, and entertainment.
The unit mix includes:
Two large 3-bed, 2-bath units on the second floor, each with two separate entrances—ideal for maximizing rental flexibility.
Four spacious 1-bed units on the third floor, perfect for steady rental demand.
Recent upgrades have been made, yet current rents remain below market, presenting immediate upside potential for increased cash flow. Built after
1978, this property is NOT subject to LA City Rent Control (RSO), allowing for greater flexibility in rental adjustments.
Koreatown continues to be a high-demand market with strong appreciation and rental growth, driven by its vibrant nightlife, cultural hotspots, and
central LA location. Investors will benefit from long-term stability in one of the most dynamic submarkets in Southern California.
Don’t miss this opportunity to own a high-income-producing asset in an area where properties rarely hit the market. Contact us today for details!