1242 IROLO Street, Los Angeles, CA 90006

About this property

GREAT LOCATION!LOCATION! GREAT INCOME ($7,384). Excellent Investment opportunity for either an Investor or Developer. **R3 Zoning.Tier 2 land Toc density bonus **EASY TO MAINTAIN with low maintenance!! Each unit are very spacious. 5,439sf, Lot 5,907sf. Great /High demand area by Downtown, USC, Koreatown. ** Potential with tons of rental upside more than 30%(project income $9800)** Tastefully remodeled and maintained inside/outside building. Newly installed roof on two separate building in April,2017($25,000). Regular Housing Inspection was passed with minor problems in MAY,2018. The unit mix consists of 2 Three- bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. Separate electric and gas meter!! DRIVE BY ONLY! STABLE INCOME WITH SOLID QUIET TENANTS** Seller/Agents make no warranties nor guarantees information contained in the MLS. Buyer to rely on buyers' due diligence.

Listing description from the January 2020 sale, as reported to CRMLS.

Sale history

$1,100,000

Sold January 2020 · listed $1,250,000, on market November 2019 · MLS #19526648 · Source: CRMLS

Listing Agent: Ki Seon Im · Listing Office: Ivy Realty Co. · Contact: 213-386-8888 · Bought with: Behrouz Lavi · Keller Williams Realty-Studio City

$976,000

Sold May 2016 · listed $1,000,000, on market November 2015 · MLS #15962373 · Source: CRMLS

Listing Agent: Marc Chorin · Listing Office: Gibson International · Contact: 310-820-0195 · Bought with: Ki Seon Im · Ivy Realty Co.

Explore Los Angeles