Very well maintained turnkey 8 unit apartment building located in Korea town/Hancock park adjacent - one of the highest demand rental market. First time on the market in 28 years. Two (2) story multi family investment features a mix of five (5) one bedroom one bath units and three (3) two bedroom two bath units. Seven units have been completely remodeled within the last 5 years. 7 of 8 units are occupied 1 two bedroom unit will be delivered vacant. The property sits on a 7,257SF lot zoned R-3. Laundry on site. This property is a stabilized asset with very strong income and low expenses.
Listing provided courtesy of
, Keller Williams Realty Los Feliz
Additional Property Details
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Neatly tucked in next to the Greater Wilshire and Hancock Park area, Larchmont Village is small but makes up for its diminutive nature in charm and easy access to all.
Real Estate: Larchmont Village boasts some of the city’s oldest homes and mostly offers single-family homes for sale. Architectural styles range from Spanish Revival to Tudor to California bungalows. Development in tis community is always in keeping with the area’s historic charm.
Community Life: This compact neighborhood is packed with charming shops and restaurants including many outdoor cafes. The area’s classic charm, reminiscent of a small European neighborhood, has made it a popular filming location. Larchmont Village serves as a retail district for nearby Hancock Park and Windsor Square. The Farmers’ Market is held every Sunday morning and the area also host several annual events including sidewalk sales and the Taste of Larchmont celebration.
Education: Larchmont Village is served by the Los Angeles Unified School District and local schools including Van Ness Avenue Elementary School. There are also several nearby private schools including Christ the King Elementary School and Cheder Menachem.
Transportation: Larchmont Village is easily reached by Beverly Blvd. The area is served by a designated DASH line.
Local Attractions: Neighborhood walks by beautiful homes and visits to the many shops in the area is the order of the day. Larchmont Village Wine & Cheese and Larchmont Pizza are both well regarded and the nearby Robert L. Burns Park is a great spot to sit and enjoy it all.
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