Residential Income In Los Angeles

Well-maintained four-unit investment opportunity in prime Pico-Union location! This exceptional two-story apartment building features four spacious units: two 3-bedroom/1-bath units and two 2-bedroom/1-bath units, with each unit exceeding 1,300 SF - a rare and highly desirable feature in the area. Each unit has separately metered gas and electricity, along with detached garages. The building is well maintained, and the exterior has been recently painted. Current rents are below market, offering excellent potential for future income growth through unit turnover and strategic renovations. Conveniently located near the 10 and 110 freeways, with easy access to Koreatown, Downtown Los Angeles, the LA Convention Center, [hidden information] Arena, and LA LIVE. An excellent opportunity to acquire a property with strong rental upside and a prime central Los Angeles location. The next rent increase is scheduled for February 2027.