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$649,000
2 Beds 2 Baths ACTIVE Status Kingsley Manor BLDG.
Beautifully updated Mediterranean-style penthouse condo built in 2007, ideally located in the heart of Koreatown near shops, restaurants, and exciting new developments along Olympic Blvd. This spacious 2BR + 2BA + loft unit features a second-story loft that can be used as a 3rd bedroom, home office, or den. The two bedrooms are thoughtfully separated by the living room, offering privacy and a comfortable floor plan. Features include bamboo flooring throughout, recessed lighting, a living room with fireplace and private patio, and a modern kitchen with granite countertops, pantry, and stainless steel appliances. The primary suite offers a walk-in closet and its own private patio. Gated community with elevator access, Assigned tandem 2-car parking, and 5 guest parking. All appliances are included. A wonderful opportunity in a prime Koreatown location!

1042 S Kingsley Dr Unit PH4, Los Angeles

Courtesy of NET Properties, Robert Yun - CA DRE#01854449

$688,000
ACTIVE UNDER CONTRACT Status
Property priced at Land value! Opportunity to acquire a 3,800 sqf. LAR3-zoned land, between Melrose Hill and Larchmont Village to build on, or a fixer upper Duplex featuring 1,656 sqf of living space, presenting a future potential. Two side by side units of 1 bedrm, 1 bathroom each, on this land offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

500 N Kingsley Dr, Los Angeles

Courtesy of Nelson Shelton & Associates, Faye Farzani - CA DRE#01113666

$688,000
2 Beds 2 Baths ACTIVE UNDER CONTRACT Status
Exceptional opportunity to acquire a fixer upper Duplex located between Melrose Hill and Larchmont Village, featuring 1,656 sqf of living space on a 3,800 square foot LAR3-zoned corner lot, presenting a future potential. The property consists of two units of 1bedroom, 1bathroom each, offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

500 N Kingsley Dr, Los Angeles

Courtesy of Nelson Shelton & Associates, Faye Farzani - CA DRE#01113666

$6,850,000
21 Beds 21 Baths ACTIVE Status
New Star Realty is pleased to present an exclusive multifamily investment opportunity at 709 S Kingsley Drive, a highly desirable 15-unit asset strategically located in the heart of Central Los Angeles. This exceptionally maintained building features premium tenant amenities, including a passenger elevator and secure subterranean parking. Since acquiring the asset in 2018, the current ownership has executed substantial building-wide capital improvements and extensive interior remodels across the units. Operational efficiency is optimized as 14 of the 15 units have been upgraded to modern central heating and air conditioning, each apartment is individually metered, and the property requires no on-site manager. This turnkey offering delivers immediate, low-overhead stability alongside clear, proven upside to further maximize rental income in a high-demand rental market.

709 S Kingsley Dr, Los Angeles

Courtesy of New Star Realty, Kyong Starrett - CA DRE#01762611

$715,000
3 Beds 2 Baths ACTIVE Status Serrano Towers BLDG.
What are the 2 most difficult things to find in Koreatown? A third bedroom and 2 parking spots. Problem solved! Welcome to 906 S Serrano Ave #401, a bright and spacious 3-bedroom, 2-bath, front-facing corner residence in the heart of Koreatown/Mid-Wilshire. South and West-facing and filled with natural light throughout the day, this well-appointed home offers an open living area with hardwood flooring, recessed lighting, central A/C, city views and exceptional breezes. The kitchen features black granite countertops, abundant wood cabinetry, built-in appliances, a brand new range, and a breakfast bar that opens to the main living space. And if you love a good pantry, we've got you covered. Two balconies provide good outdoor space, one off the living room and another off the primary bedroom perfect for taking in the surrounding cityscape. The thoughtful floor plan separates the bedroom wing from the living areas and each bedroom offers generous closet space. Enjoy the convenience of in-unit laundry with stacked washer/dryer and storage closet. Located in a well-maintained, secured elevator building constructed in 2005, the residence also offers the privacy and added natural light of a corner-unit location. Set on a quieter residential street while still placing you in the center of one of Los Angeles' most vibrant neighborhoods, you can expect convenient access to Koreatown and Mid-Wilshire dining, shopping, entertainment, and nearby Metro transportation.

906 S Serrano Ave Unit 401, Los Angeles

Courtesy of Compass, Melissa Menard - CA DRE#01858710

$299,000
1 Baths ACTIVE Status Park Villas HOA BLDG.
Welcome to 525 South Ardmore Avenue #257, a well-maintained, South-facing End corner studio condominium in the vibrant heart of Korea-town. Offering approximately 381 square feet of efficiently designed living space, this bright and inviting residence features abundant natural light, added privacy, a flexible open-concept layout, a functional kitchen, and a full bathroom.Residents enjoy a variety of desirable community amenities, including a swimming pool, spa, sauna, fitness center, community laundry facilities, beautifully landscaped outdoor areas, secure gated entry, and assigned parking. Ideally located near Korea-town's renowned restaurants, cafes, markets, shopping, nightlife, and public transportation, with convenient access to Downtown Los Angeles, Hancock Park, and the 10 Freeway.An excellent opportunity for a first-time buyer, investor, or anyone seeking a comfortable, low-maintenance urban lifestyle in one of Los Angeles' most dynamic neighborhoods.

525 S Ardmore Ave Unit 257, Los Angeles

Courtesy of Redpoint Realty, Sukyoung Lee - CA DRE#01891854

$325,000
1 Beds 1 Baths ACTIVE UNDER CONTRACT Status Park Villas BLDG.
Great LOCATION in the heart of K-town: North of Wilshire blvd. Steps out to 6th street for restaurants, shops, market, and closed to Metro line. This cute One Bedroom condo with Balcony to be call your home in central location: mins to Hancock Park, DTLA, 10 freeway. In a quiet and secured building with lush garden with multiple outdoor space, onsite laundry, small gym, gated with onsite guard nightly, assigned parking space. Condo provides Living and Dining area, and Enclosed bedroom room with walk-in closet, Balcony provide outdoor seating with view of trees, Top floor & Corner Unit: bedroom with no shared wall, functional bathroom and kitchen. Nearby elevator access to garage for secure parking, Own this cute pad to be call your own home in the urban city life of L.A.

525 S Ardmore Ave Unit 335, Los Angeles

Courtesy of Compass, Timothy Xu - CA DRE#01703821

$2,050,000
16 Beds 8 Baths ACTIVE Status
We are pleased to offer for sale 2769 San Marino Street, an eight-unit apartment community bordering the Koreatown neighborhood of Los Angeles, just east of Vermont Avenue and north of Olympic Boulevard.Built in 1987, the property rises two stories over ground-level parking and comprises 6,080 square feet on a 6,750-square-foot lot. All eight residences are two-bedroom, one-bathroom floor plans, a uniform configuration that simplifies renovation, leasing, and ongoing management. Residents are served by 15 parking spaces and on-site laundry. By virtue of its 1987 construction, the property is not subject to the Los Angeles Rent Stabilization Ordinance; rents are instead governed by AB 1482. Significant rental upside remains, available to a new owner through ordinary turnover and interior renovation rather than through a repositioning of the asset. The immediate area is highly walkable and well served by transit. The property carries a Walk Score of 94, and the Wilshire/Vermont Station, served by the Metro B and D Lines, sits a short walk to the north, with several Metro bus lines and the DASH Wilshire Center/Koreatown circulator running within a few blocks. The Wilshire corridor's office base, Southwestern Law School, and Koreatown's restaurants and retail immediately to the west anchor a deep tenant pool, one that continues to draw households priced out of the surrounding submarkets.For a buyer underwriting durable in-place income alongside a defined path to market rents, 2769 San Marino Street offers a straightforward execution in a long-established rental submarket.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

2769 San Marino St, Los Angeles

Courtesy of Marcus & Millichap, Sean Rosenzweig - CA DRE#01406343

$782,000
2 Beds 2 Baths ACTIVE Status
A truly one-of-a-kind home in the heart of Korea-town, offering an incredible amount of character, craftsmanship, and functionality within its compact footprint. This unique 2-bedroom, 2-bath residence features 9-foot ceilings on both levels, abundant built-ins and storage, and a rare attached 2-car garage with an impressive 14-foot sectional door. Lovingly owned for the past 20 years by a Hollywood studio carpenter, the home showcases custom woodwork throughout, including handmade moldings, cabinetry, refinished doors, updated hardware, and a gas fireplace. The remodeled kitchen features custom cabinetry, granite and butcher-block countertops, stainless steel appliances, a GE Caf 5-burner gas range, and Bosch dishwasher. Additional highlights include original wide-plank oak flooring upstairs, a charming winding staircase, wood blinds, and a security system. Originally built in 1948 by a civil engineer, the home features substantial construction with 2x12 floor and roof joists on 12-inch centers. The sewer line was rebuilt in 2019. Small in footprint but remarkably big in personality, this is a rare opportunity to own a distinctive single-family home with a 2-car garage in the heart of Los Angeles.

3121 W 3rd St, Los Angeles

Courtesy of Redpoint Realty, Sukyoung Lee - CA DRE#01891854

$4,495,000
18 Beds 18 Baths ACTIVE Status
Opportunity to acquire 525 N Normandie Avenue, a 2022-built, six-unit townhome-style multifamily property located in East Hollywood. The property is comprised entirely of spacious three-bedroom, three-bathroom residences totaling approximately 10,420 square feet. Each residence features a thoughtfully designed three-story floor plan, high ceilings, contemporary interiors, abundant natural light, in-unit laundry, private balconies, a rooftop deck with city views, and a secure two-car garage.The property offers a compelling alternative to traditional apartment living, combining the privacy and functionality of a single-family residence with the convenience of an urban multifamily community. The large-format floor plans appeal to families, professionals, roommates, and tenants seeking modern living accommodations with generous interior space and private outdoor areas. Chef-inspired kitchens, stainless steel appliances, open-concept living areas, luxury finishes, and manicured landscaping further enhance the property's strong rental appeal.With its newer construction and limited near-term capital improvement requirements, 525 N Normandie Avenue provides investors with a turnkey, low-maintenance ownership opportunity in one of Los Angeles' most supply-constrained housing markets. The property is ideally situated in East Hollywood, minutes from Larchmont Village, with convenient access to Koreatown, Hollywood, Downtown Los Angeles, and some of the city's best dining, shopping, entertainment, and employment destinations. Its combination of modern construction, spacious unit layouts, premium amenities, and desirable location positions the asset for continued tenant demand and long-term appreciation.

525 N Normandie Ave, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Janet Neman - CA DRE#01069127

$2,999,999
16 Beds 16 Baths ACTIVE Status
Welcome to 1151 Ardmore, a 100% FULLY LEASED High End and Massive Brand New Construction Fourplex with an unheard of 6.45% cap rate, yearly gross income of $240,000 and an monthly gross income of $20,000 and a GRM of 12.49. The area is booming with brand new construction buildings all around in the heart of Koreatown and there is room to add ADUS. The building is centrally located in Koreatown with an amazing walk score of 92 and is walkable to trendy new coffee shops, restaurants and just minutes walking to Olympic blvd and very close to Hollywood, Downtown, Crypto arena, USC, LA Coliseum (home to the 2028 Olympics), BMO Stadium, Mid-Wilshire, Hancock Park, and Westlake. With 2028 Olympics coming soon, this site is very close to all the action and there has been a ton of money invested in this are. The building features Four-4 bd 4 bath ranging from 1,523 to 1,580 square feet each. Each unit feature's efficient open floor plans with huge bedrooms, closets, balconies and all units have a ton of natural light. The units features beautiful vinyl flooring with grey classy cabinets, quartz white countertops, large island. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara shower tiles. Each unit is separately metered for all utilities to lower expenses for a buyer and easy to manage, very little expenses, low maintenance, plus the property comes with 1 year builders warranty. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles and it also features 8 parking spaces, an beautiful rooftop deck with amazing 360 views and solar panels! All units include Central Air Conditioning + Heating and a motorized gate. Great for entertaining, roommates, students, tourists and couples as the units have open floor plans with tons of light and minutes from the 10 freeway! The neighborhood has lots of brand new construction close by giving a modern and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits ( buyer to consult with their CPA) Buyer to Verify all.

1151 S Ardmore Ave, Los Angeles

Courtesy of Keller Williams Hollywood Hills, Daniel Lalezari - CA DRE#01949474

$2,000,000
9 Beds 6 Baths ACTIVE Status
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..

926 S Normandie Ave, Los Angeles

Courtesy of Property Advisors Group, Inc, Leonard Lee - CA DRE#01813331

$969,000
3 Beds 4 Baths ACTIVE Status Oxford Square BLDG.
Luxury Condo in the heart of Koreatown. This beautifully designed 3 bedroom + 4-bathroom condo features a spacious open floor plan, abundant natural light and an airy atmosphere for everyday living and entertaining. Each generously sized bedroom includes its own private en-suite bathroom and custom closets. The bright living room opens to a private balcony, and additional features include planation shutters, in unit washer & dryer. Two assigned parking spaces and plenty of guest parking in a secure gated garage. Amenities, including a private movie theater, fitness gym, conference room and controlled access entry. Ideally located walking distance to markets, popular restaurants, cafes and shopping. This exceptional condo offers the perfect blend of luxury, convenience and urban living.

722 S Oxford Ave Unit 305, Los Angeles

Courtesy of Ivy Realty Co., Enny E. Chong - CA DRE#01419676

$519,000
1 Beds 1 Baths ACTIVE Status Westmoreland Condominium Association BLDG.
Enchanting 1930s French Normandy condo - they simply don't build them like this anymore! Tucked behind gates and set far back from the street, you'll arrive through a lush central courtyard complete with a front lawn, prolific lemon tree, and charming shared outdoor dining area. Nestled within the heart of this charming 16-unit French Normandy building, this generously proportioned first-floor residence is filled with natural light and timeless character. The gracious living room is anchored by a magnificent original decorative fireplace and showcases ornate crown molding, beautiful hardwood floors, a freshly painted interior, and a sun-filled bay window framing picturesque views of the verdant central courtyard. Just beyond, the formal dining room flows seamlessly into a truly captivating vintage kitchen brimming with character. Thoughtfully refreshed with classic black-and-white checkerboard floors, warm raw wood cabinetry, cheerful yellow tile, and a beautifully preserved matching vintage stove, the space is equal parts nostalgic, functional, and undeniably charming. The spacious sunlit bedroom easily accommodates a king-size bed, while the beautifully preserved mauve-pink vintage bathroom is a rare design treasure, rich with original charm and timeless appeal. Thoughtful updates include fresh paint, new wall sconces, several beautiful period light fixtures, central heat, and a dedicated in-unit laundry room. Additional highlights include basement storage, a private one-car garage, and sweeping downtown views from the shared rooftop. Ideally located with easy access to DTLA and Koreatown, this one-of-a-kind residence offers an irresistible blend of architectural character, vintage soul, and everyday livability.

1143 S Westmoreland Ave Unit 5, Los Angeles

Courtesy of Nourmand & Associates-HW, Jennifer Eckert - CA DRE#01512045

$1,639,000
3 Beds 4 Baths ACTIVE Status
Unique opportunity to own this peaceful urban retreat in the heart of Koreatown! This 3-bedroom, 3.5-bath Spanish bungalow with a separate finished studio offers a modern reimagining while preserving its timeless classic charm. Tucked behind a private perimeter gate and surrounded by drought-tolerant landscaping, this home provides tranquility and added privacy. Inside, you'll find original oak floors, tall ceilings, detailed moldings, French doors, and plenty of natural light. The open living room flows seamlessly into the den/office (or 4th bedroom), and the formal dining room is spacious enough to entertain many guests. It leads to a large chef's kitchen with an oversized island that doubles as both a kitchen and dining area, featuring high-end appliances including a WOLF range, Fisher & Paykel refrigerator, and custom cabinetry. The primary suite offers a spa-inspired bath, while both additional bedrooms provide ample space. Outside, the expansive backyard is a true oasis, combining lush grassy areas, mature banana palms, and vibrant bougainvillea, offering plenty of room for both play and relaxation. Behind the main residence, a beautifully finished studio can serve as a guest suite, creative space, or recreation room. The newly renovated garage includes custom storage, adding more utility. Conveniently located near Larchmont and Hancock Park, with easy access to all of LA's amenities and attractions. Don't miss out, come see this property before it's gone!

173 S Kingsley Dr, Los Angeles

Courtesy of Dream Realty & Investments Inc, Elijah Shin - CA DRE#01358906

$765,000
2 Beds 2 Baths ACTIVE Status Mosaika / Newshire 63 Association BLDG.
***Last remaining 2-bed/2-bath residence of the two in the building*** Limited-Time Opportunity: Take advantage of incredible savings on this home. Eligible buyers can apply up to $27,950 in grant funds toward their down payment, closing costs, or even an interest-rate buy-down. Combined with a significant price reduction, now is the perfect time to make your move. Welcome to Mosaika, 63 brand-new boutique residences in the heart of Koreatown, one of Los Angeles' most vibrant and walkable neighborhoods. Mosaika combines contemporary sophistication with everyday functionality to create a lifestyle you'll love. Inside, discover expansive open layouts, floor-to-ceiling windows, and hand-selected finishes that fill each home with natural light. Designer kitchens feature custom cabinetry and premium appliances, while spa-inspired bathrooms offer sleek vanities and modern tile accents. Spacious living areas are perfect for both entertaining and relaxing, and select residences boast oversized balconies with breathtaking skyline views. Unwind in Mosaika's thoughtfully curated amenities, including a fully equipped fitness center and a rooftop lounge with outdoor kitchens, BBQs, lounge seating, and sweeping panoramic city views. At Mosaika, style meets substance and location meets lifestyle, offering a truly exclusive living experience in one of LA's most dynamic cultural hubs.

904 S New Hampshire Ave Unit 407, Los Angeles

Courtesy of RISE real estate company, Brandon J. Park - CA DRE#01416244

$975,500
2 Beds 2 Baths ACTIVE Status Mosaika / Newshire 63 Association BLDG.
This is the last remaining Penthouse residence in the building and does not share any walls with neighboring units. Limited-Time Opportunity: Take advantage of incredible savings on this home. Eligible buyers can apply up to $30,000 in grant funds toward their down payment, closing costs, or even an interest-rate buy-down. Combined with a significant price reduction, now is the perfect time to make your move. Welcome to Mosaika, 63 brand-new boutique residences in the heart of Koreatown, one of Los Angeles' most vibrant and walkable neighborhoods. Mosaika combines contemporary sophistication with everyday functionality to create a lifestyle you'll love. Inside, discover expansive open layouts, floor-to-ceiling windows, and hand-selected finishes that fill each home with natural light. Designer kitchens feature custom cabinetry and premium appliances, while spa-inspired bathrooms offer sleek vanities and modern tile accents. Spacious living areas are perfect for both entertaining and relaxing, and select residences boast oversized balconies with breathtaking skyline views. Unwind in Mosaika's thoughtfully curated amenities, including a fully equipped fitness center and a rooftop lounge with outdoor kitchens, BBQs, lounge seating, and sweeping panoramic city views. At Mosaika, style meets substance and location meets lifestyle, offering a truly exclusive living experience in one of LA's most dynamic cultural hubs.

904 S New Hampshire Ave Unit PH-3, Los Angeles

Courtesy of RISE real estate company, Brandon J. Park - CA DRE#01416244

$1,300,000
ACTIVE Status
Attention builders, developers, and savvy investors! Here is a rare, high-yield opportunity to break ground on a premier multi-unit project in one of Los Angeles' highest-demand rental markets, situated minutes from Silver Lake, Hollywood, Koreatown, Hancock Park, and Downtown LA. This prime LAR3 zoned lot comes with architectural plans for a modern development featuring three separate buildings totaling 5 premium units, positioned perfectly to capture strong local rental demand. According to the seller, the site is slated to be RTI in just two months according to the seller. Furthermore, current LAR3 zoning offers the enticing potential to maximize the site up to 10 total units (buyer to verify all development guidelines). Full architectural plans are available upon request. Do not miss the chance to lock down a project in a rapidly growing, centrally located transit hub before it's gone.

553 N Heliotrope Dr, Los Angeles

Courtesy of EstateX inc., Rosanna Russo - CA DRE#02087926

$1,425,000
2 Beds 3 Baths ACTIVE Status Solair Wilshire HOA BLDG.
Experience modern elegance and breathtaking panoramic views in this stunning northeast corner residence at Solair, the building's most sought-after views. This sophisticated home features floor-to-ceiling windows and a private balcony that showcases sweeping views of the city skyline, iconic landmarks, and the surrounding mountains.Solair is one of Los Angeles' premier luxury addresses, seamlessly blending refined design with everyday convenience. Residents enjoy a dramatic lobby accented with granite, wood, and water features; a fully equipped business center and conference room; and a resort-style Sky Deck complete with a swimming pool, spa, private cabanas, BBQ stations, a dog run, and an elegant entertainment lounge. The state-of-the-art fitness center offers both cardio and strength-training equipment.Constructed with modern architecture featuring concrete, steel, and glass, Solair delivers exceptional quality and peace of mind with 24/7 concierge service, controlled access, on-site security, and surveillance. An expansive on-site retail plaza provides unparalleled convenience just steps from your door. Discover the perfect blend of luxury, comfort, and urban living at Solair.

3785 Wilshire Blvd Unit 1212, Los Angeles

Courtesy of RISE real estate company, Brandon J. Park - CA DRE#01416244

$2,300,000
8 Baths ACTIVE Status
We are pleased to present 3148 James M. Wood Boulevard, an exceptional 8-unit turnkey apartment building located in the heart of Koreatown, one of Los Angeles' most dynamic rental markets. Originally built in 1952, the property features an attractive unit mix of (2) one-bedroom/one-bathroom units and (6) two-bedroom/one-bathroom units.The property underwent a comprehensive interior and exterior renovation in 2020, creating a highly desirable, modern living environment for tenants. Each residence features an open-concept floor plan with recessed lighting, new flooring, fully renovated kitchens with custom cabinetry, stainless steel appliances, stone countertops, and designer tile backsplashes. Bathrooms have been tastefully upgraded with tiled walk-in showers featuring glass enclosures, new vanities with stone countertops, and contemporary fixtures. Every unit also includes an in-unit washer and dryer along with an individual water heater, providing added convenience and efficiency for residents.Exterior and system improvements completed during the renovation include new windows, roof, electrical, fresh exterior paint, and updated metal railings on the balconies and staircases, resulting in strong curb appeal and reduced near-term capital expenditure requirements.The approximately 6,800-square-foot building is situated on a 6,645-square-foot corner lot zoned LAR4, providing investors with long-term redevelopment potential in a rapidly evolving neighborhood.The property boasts an outstanding Walk Score of 95, placing residents within close proximity to Koreatown's vibrant collection of coffee shops, restaurants, bars, markets, and retail destinations along Olympic Boulevard, Wilshire Boulevard, 8th Street, and Western Avenue. The location also offers exceptional regional connectivity with convenient access to the 101, 10, and 110 Freeways, making commuting to Downtown Los Angeles, Hollywood, Beverly Hills, Century City, Culver City, and Westwood quick and convenient.Additionally, the property is located just 0.5 miles from the Wilshire/Normandie Metro D Line Station, providing direct access to Downtown Los Angeles and, through the Metro D Line Extension, expanding westward service to Beverly Hills, Century City, and Westwood as stations continue opening through 2027. This continued investment in public transportation further enhances the property's long-term desirability and investment appeal.

3148 James M Wood Blvd, Los Angeles

Courtesy of The Agency, Benjamin S. Lee - CA DRE#01808926

$2,200,000
ACTIVE Status
Prime investment opportunity at 1041 Elden offering exceptional value-add potential and long-term upside. Currently configured as 24 rooms, this property features a flexible layout suitable for a variety of uses, making it ideal for both investors and owner-users. Strategically located in a high-demand submarket with convenient access to major freeways, transportation corridors, retail, and surrounding amenities. The property benefits from strong rental demand and provides an opportunity to increase income through lease optimization, repositioning, and property improvements. Additionally, this asset presents a rare opportunity for redevelopment or adaptive reuse. Positioned on a well-located parcel within a growing area, investors and developers can capitalize on future appreciation and maximize value through new construction or reconfiguration. Buyer to verify zoning, land use, permits, and development potential. Excellent opportunity for investors seeking stable cash flow with upside, as well as developers looking for a strategic project in a desirable location.

1041 Elden Ave, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$1,125,000
ACTIVE Status
Prime Koreatown investment opportunity at 1145 S Kingsley Dr with the rare option to acquire the adjacent property at 1139 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

1145 S Kingsley Dr, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$1,125,000
ACTIVE Status
Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

1139 S Kingsley Dr Unit 3, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$4,250,000
30 Beds 33 Baths ACTIVE Status
We are pleased to present1125 S Westmoreland Avenue, a 27-unit multifamily investment opportunity in the heart of Koreatown, comprised of two distinct buildings. The front 10,824 SF building was built in 1937 and arear 13,088 SF building was built in 1962, situated on a large25,000 SF lot. A diverse and highly marketable unit mix of 4 bachelors, 4singles, 13 one-bedrooms, 4 two-bedrooms, and 2 three-bedrooms caters to a broad range of renter profiles and price points, supporting consistent leasing velocity. The property offers a unique structural layout, centered around an expansive central courtyard with garden, private balconies and patios facing the street and interior corridor. There are also several on-site laundry machines that generate additional income. Significant rental upside can be achieved through unit turnover. Select units have already undergone renovation, including new laminate flooring, paint, updated appliances, refreshed kitchens and bathrooms, and mini-split AC. Ample on-site parking totaling 24 spaces (12 tandem spots split across both sides of the property and 12 rear single spaces),with meaningful ADU potential through conversion of select tuck under parking spots (buyer to verify). Untapped ancillary income streams under new ownership, including the ability to implement a utility bill back program via RUBS and generate additional income from parking, neither of which is currently being captured. Offered at an attractive basis of $4,250,000 ($157,407/unit,$177.74/SF), reflecting a 5.27% current cap rate and 9.24 GRM on in-place income. Located in Koreatown, one of Los Angeles' most active rental markets, drawing a deep and diversified renter base to its dense concentration of restaurants, nightlife, and retail. Positioned within a submarket experiencing sustained momentum, with more than 50 major development projects underway or planned throughout Koreatown and independent research projecting rental rates to climb meaningfully over the coming years as available housing supply remains constrained. A persistent affordability gap supports durable demand, with the Koreatown median home price near $1.2 million placing homeownership out of reach for most local renters, reinforcing high occupancy and consistent rent growth throughout the submarket.

1125 S Westmoreland Ave, Los Angeles

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

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