First time on the market in decades — a rare opportunity to acquire a stabilized, well-managed Koreatown multifamily with strong in-place cash flow and meaningful upside.
Located in the heart of Koreatown, the property is surrounded by continued neighborhood investment with multiple new apartment developments underway nearby, supporting long-term value appreciation.
The building features long-term tenants, unit-by-unit renovations in progress, and utility sub-metering throughout — with water meters being added incrementally — directly improving NOI over time. A community laundry room and abundant gated parking add to tenant retention and operational appeal.
This is a Trust Sale — no court confirmation required. Priced to sell and ideal for a long-term hold with gradual, compounding value growth in one of LA's most supply-constrained submarkets.