1516 S Van Ness Avenue, Los Angeles, Los Angeles County, CA, 90019 Silicon Valley CA US

Charming 8-Unit Apartment Building in Vibrant South Koreatown! Prime Location: Close to Midway City and Arlington Heights Contact Eunice Oh ?(562) 714-1565? Welcome to this fantastic investment opportunity in one of the most sought-after neighborhoods in South Koreatown! This well-maintained 8-unit multi-family home offers a blend of modern updates and convenience, making it an excellent prospect for both seasoned investors and first-timers. Property Highlights: 8 units, each boasting its unique charm and character. (4- 2/2, 4- 1/1) Recent Updates: Water Heaters were replaced within the last 5 years, ensuring energy efficiency and tenant satisfaction. New Roof: Installed just 3 years ago, providing peace of mind and reduced maintenance costs. New Sewer Line: Upgraded 3 years ago, ensuring optimal functionality and minimizing potential issues. Month-to-Month Tenancy: All tenants are on month-to-month leases, offering flexibility for the new owner and potential rental adjustments. Exciting Upside Potential: With the area's high demand, there is an excellent opportunity to enhance rental income and increase property value. Amenities & Parking: Carport, Driveway & Street Parking: Multiple parking options ensure convenient and ample space for all residents. Location & Lifestyle: Situated in a highly desirable area, the property is nestled in South Koreatown, just moments away from Midway City and Arlington Heights. Enjoy easy access to a myriad of shopping, dining, and entertainment options, making it a vibrant and engaging community for tenants. Don't miss this chance to invest in a property with a solid rental history and potential for growth. Whether you're a seasoned investor or a new entrant into the market, this 8-unit gem offers an excellent foundation for building your real estate portfolio. Seize this opportunity to become a part of this thriving community and secure a valuable asset in a prime location! Please do not disturb tenants, drive by only. Contact Eunice Oh ?(562) 714-1565? Find out more about this property. Request details here