Value-add four-unit multifamily in the heart of Koreatown (Walk Score 97). A 1922-vintage quadruplex across three detached buildings on a 5,909 SF LAR3 lot with five on-site parking spaces and a 3BR-weighted mix (two 3BR/2BA, one 2BR/2BA, one 1BR/1BA). Long-tenured residents with below-market rents (~70% upside to market) create a clear path from a 5.27% in-place cap to an 8.5% pro-forma cap. In-place NOI $63,169; pro-forma NOI $101,880. Immediate upside from leasing the vacant room in Unit 4 (~$7,680/yr), with renovation runway across all units on turnover. LAR3 zoning offers density/ADU potential (buyer to verify). Priced at $1,199,000 ($299,750/unit, $291/SF) - below comparable Koreatown sales. APN 5080-029-016 / MLS 25593013.