826 S Park View ST, Los Angeles, CA 90057
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826 S Park View ST, Los Angeles, CA 90057
826 S Park View ST, Los Angeles, CA 90057
826 S Park View ST, Los Angeles, CA 90057
826 S Park View ST, Los Angeles, CA 90057
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Lisa Bethel

Lisa Bethel

+1(818) 319-5060
$ 1,300,000
Est. payment /mo
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826 S Park View ST Los Angeles, CA 90057

9 Beds

8 Baths

4,600 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $282

MLS Listing ID 26844241

Bedrooms 9

HOA Y/N No

Lot Size 7,487 Sqft

Property Description

Rare Opportunity !!! | Fully Renovated high income Unit | Separate Utility Meters | Pro Forma $9,600+/Month. It is very rare opportunity to acquire a high-performing income property in one of Los Angeles' strongest rental markets. Ideally located near Koreatown, Downtown Los Angeles, and Westlake, 826 S Park View St offers investors a compelling combination of immediate cash flow, recent renovations, and long-term appreciation potential. The property features an attractive unit mix consisting of: Two (2) spacious 2-Bedroom / 2-Bathroom units on the first floor. One (1) extensively renovated 4-Bedroom / 3-Bathroom unit on the second floor featuring brand-new flooring, fresh interior and exterior paint, updated finishes, and a modernized living environment designed to attract quality tenants. Additional attic area currently configured with bonus rooms and a bathroom, providing additional functional space and flexibility. One of the property's most valuable investment features is that each unit has its own separate gas and electric meter, allowing tenants to pay their own utilities and helping reduce landlord operating expenses while maximizing net income. This is not a heavy value-add project requiring substantial renovation costs. Major improvements have already been completed, allowing investors to focus on income generation from day one. With a Pro Forma Gross Rental Income of approximately $9,600+ per month, the property offers strong cash-flow potential in an area where rental demand continues to outpace supply. Situated just minutes from Koreatown, Downtown LA, Metro stations, major employment centers, restaurants, shopping, and entertainment, the property benefits from a consistently strong tenant pool and historically low vacancy rates. Whether you are a first-time investor, a 1031 exchange buyer, or an experienced multifamily operator seeking stable income and future appreciation, this property checks all the boxes.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR4

Interior

Heating Wall Furnace

Flooring Laminate, Wood

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Door-Single, Garage, One Space

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Architectural Style See Remarks

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5141023015

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jonghyeok Choi Jonghyeok Choi #02011547

NEARBY SCHOOLS & PROPERTIES

Lisa Bethel

Lisa Bethel

Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® License ID: 02046953

+1(818) 319-5060

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826 S Park View ST