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$1,450,000
3 Beds ⋅ 3 Baths ⋅ 26860519 MLS ⋅ Solair Wilshire HOA BLDG.
Experience modern elegance and breathtaking panoramic views in this stunning northeast corner residence at Solair, the building's most sought-after views. This sophisticated home features floor-to-ceiling windows and a private balcony that showcases sweeping views of the city skyline, iconic landmarks, and the surrounding mountains.Solair is one of Los Angeles' premier luxury addresses, seamlessly blending refined design with everyday convenience. Residents enjoy a dramatic lobby accented with granite, wood, and water features; a fully equipped business center and conference room; and a resort-style Sky Deck complete with a swimming pool, spa, private cabanas, BBQ stations, a dog run, and an elegant entertainment lounge. The state-of-the-art fitness center offers both cardio and strength-training equipment.Constructed with modern architecture featuring concrete, steel, and glass, Solair delivers exceptional quality and peace of mind with 24/7 concierge service, controlled access, on-site security, and surveillance. An expansive on-site retail plaza provides unparalleled convenience just steps from your door. Discover the perfect blend of luxury, comfort, and urban living at Solair.

3785 Wilshire Blvd Unit 1212, Los Angeles

Courtesy of RISE real estate company, Brandon J. Park - CA DRE#01416244

$559,000
2 Beds ⋅ 2 Baths ⋅ 26860511 MLS ⋅ DEWEY HOA BLDG.
SOUTH WEST CORNER UNIT - NATURAL BREEZE, WELL LIT & WELL GROUNDED UNIT. PRICE DROPPED FOR QUICK SALE. LOWEST PRICE IN MID-WILSHIRE, KOREA-TOWN. CURRENTLY. GREAT INVESTMENT OPPORTUNITY!! New paint/ceiling and walls. NEWLY BUILT-IN 2006. CONTEMPORARY 2 BEDROOM & 2 FULL BATHROOM, BRIGHT & AIRY SOUTHWEST FACING CORNER UNIT!! SOUTH-FACING LARGE BALCONY. OPEN FLOOR PLAN WITH HARDWOOD FLOORING & LAMINATE FLOORING IN THE BEDROOMS. MODERN-STYLE KITCHEN WITH GRANITE COUNTERTOPS. CROWN MOLDING. HIGH CEILING. DUAL PANE WINDOWS PROVIDE PLENTIFUL NATURAL LIGHTS SHINE ALL DAY LONG!! PRIMARY BEDROOM WITH WALK-IN CLOSET. GATED COMMUNITY WITH SECURED PARKING. LOCATION IS EASY ACCESS TO DOWNTOWN, OLYMPIC TO WESTSIDE. LESS TRAFFIC AREA, CLOSE TO FREEWAYS, DOWNTOWN, USC, & SANTA MONICA. CONVENIENTLY LOCATED TO EVERYTHING!! THIS WON'T LAST!!

1025 Dewey Ave Unit 205, Los Angeles

Courtesy of Real Broker, Max Lee - CA DRE#01905008

$2,300,000
8 Baths ⋅ 26860393 MLS
We are pleased to present 3148 James M. Wood Boulevard, an exceptional 8-unit turnkey apartment building located in the heart of Koreatown, one of Los Angeles' most dynamic rental markets. Originally built in 1952, the property features an attractive unit mix of (2) one-bedroom/one-bathroom units and (6) two-bedroom/one-bathroom units.The property underwent a comprehensive interior and exterior renovation in 2020, creating a highly desirable, modern living environment for tenants. Each residence features an open-concept floor plan with recessed lighting, new flooring, fully renovated kitchens with custom cabinetry, stainless steel appliances, stone countertops, and designer tile backsplashes. Bathrooms have been tastefully upgraded with tiled walk-in showers featuring glass enclosures, new vanities with stone countertops, and contemporary fixtures. Every unit also includes an in-unit washer and dryer along with an individual water heater, providing added convenience and efficiency for residents.Exterior and system improvements completed during the renovation include new windows, roof, electrical, fresh exterior paint, and updated metal railings on the balconies and staircases, resulting in strong curb appeal and reduced near-term capital expenditure requirements.The approximately 6,800-square-foot building is situated on a 6,645-square-foot corner lot zoned LAR4, providing investors with long-term redevelopment potential in a rapidly evolving neighborhood.The property boasts an outstanding Walk Score of 95, placing residents within close proximity to Koreatown's vibrant collection of coffee shops, restaurants, bars, markets, and retail destinations along Olympic Boulevard, Wilshire Boulevard, 8th Street, and Western Avenue. The location also offers exceptional regional connectivity with convenient access to the 101, 10, and 110 Freeways, making commuting to Downtown Los Angeles, Hollywood, Beverly Hills, Century City, Culver City, and Westwood quick and convenient.Additionally, the property is located just 0.5 miles from the Wilshire/Normandie Metro D Line Station, providing direct access to Downtown Los Angeles and, through the Metro D Line Extension, expanding westward service to Beverly Hills, Century City, and Westwood as stations continue opening through 2027. This continued investment in public transportation further enhances the property's long-term desirability and investment appeal.

3148 James M Wood Blvd, Los Angeles

Courtesy of The Agency, Benjamin S. Lee - CA DRE#01808926

$1,450,000
3 Beds ⋅ 3 Baths ⋅ 26860519 MLS
Experience modern elegance and breathtaking panoramic views in this stunning northeast corner residence at Solair, the building's most sought-after views. This sophisticated home features floor-to-ceiling windows and a private balcony that showcases sweeping views of the city skyline, iconic landmarks, and the surrounding mountains.Solair is one of Los Angeles' premier luxury addresses, seamlessly blending refined design with everyday convenience. Residents enjoy a dramatic lobby accented with granite, wood, and water features; a fully equipped business center and conference room; and a resort-style Sky Deck complete with a swimming pool, spa, private cabanas, BBQ stations, a dog run, and an elegant entertainment lounge. The state-of-the-art fitness center offers both cardio and strength-training equipment.Constructed with modern architecture featuring concrete, steel, and glass, Solair delivers exceptional quality and peace of mind with 24/7 concierge service, controlled access, on-site security, and surveillance. An expansive on-site retail plaza provides unparalleled convenience just steps from your door. Discover the perfect blend of luxury, comfort, and urban living at Solair.

3785 Wilshire Boulevard Unit 1212, Los Angeles

Listing courtesy of Listing Agent: Brandon J. Park (bpark@parkandhiles.com) from Listing Office: RISE real estate company.
$559,000
2 Beds ⋅ 2 Baths ⋅ 26860511 MLS
SOUTH WEST CORNER UNIT - NATURAL BREEZE, WELL LIT & WELL GROUNDED UNIT. PRICE DROPPED FOR QUICK SALE. LOWEST PRICE IN MID-WILSHIRE, KOREA-TOWN. CURRENTLY. GREAT INVESTMENT OPPORTUNITY!! New paint/ceiling and walls. NEWLY BUILT-IN 2006. CONTEMPORARY 2 BEDROOM & 2 FULL BATHROOM, BRIGHT & AIRY SOUTHWEST FACING CORNER UNIT!! SOUTH-FACING LARGE BALCONY. OPEN FLOOR PLAN WITH HARDWOOD FLOORING & LAMINATE FLOORING IN THE BEDROOMS. MODERN-STYLE KITCHEN WITH GRANITE COUNTERTOPS. CROWN MOLDING. HIGH CEILING. DUAL PANE WINDOWS PROVIDE PLENTIFUL NATURAL LIGHTS SHINE ALL DAY LONG!! PRIMARY BEDROOM WITH WALK-IN CLOSET. GATED COMMUNITY WITH SECURED PARKING. LOCATION IS EASY ACCESS TO DOWNTOWN, OLYMPIC TO WESTSIDE. LESS TRAFFIC AREA, CLOSE TO FREEWAYS, DOWNTOWN, USC, & SANTA MONICA. CONVENIENTLY LOCATED TO EVERYTHING!! THIS WON'T LAST!!

1025 Dewey Avenue Unit 205, Los Angeles

Listing courtesy of Listing Agent: Max Lee (Hellomaxlee@gmail.com) from Listing Office: Real Broker.
$2,300,000
8 Baths ⋅ 26860393 MLS
We are pleased to present 3148 James M. Wood Boulevard, an exceptional 8-unit turnkey apartment building located in the heart of Koreatown, one of Los Angeles' most dynamic rental markets. Originally built in 1952, the property features an attractive unit mix of (2) one-bedroom/one-bathroom units and (6) two-bedroom/one-bathroom units.The property underwent a comprehensive interior and exterior renovation in 2020, creating a highly desirable, modern living environment for tenants. Each residence features an open-concept floor plan with recessed lighting, new flooring, fully renovated kitchens with custom cabinetry, stainless steel appliances, stone countertops, and designer tile backsplashes. Bathrooms have been tastefully upgraded with tiled walk-in showers featuring glass enclosures, new vanities with stone countertops, and contemporary fixtures. Every unit also includes an in-unit washer and dryer along with an individual water heater, providing added convenience and efficiency for residents.Exterior and system improvements completed during the renovation include new windows, roof, electrical, fresh exterior paint, and updated metal railings on the balconies and staircases, resulting in strong curb appeal and reduced near-term capital expenditure requirements.The approximately 6,800-square-foot building is situated on a 6,645-square-foot corner lot zoned LAR4, providing investors with long-term redevelopment potential in a rapidly evolving neighborhood.The property boasts an outstanding Walk Score of 95, placing residents within close proximity to Koreatown's vibrant collection of coffee shops, restaurants, bars, markets, and retail destinations along Olympic Boulevard, Wilshire Boulevard, 8th Street, and Western Avenue. The location also offers exceptional regional connectivity with convenient access to the 101, 10, and 110 Freeways, making commuting to Downtown Los Angeles, Hollywood, Beverly Hills, Century City, Culver City, and Westwood quick and convenient.Additionally, the property is located just 0.5 miles from the Wilshire/Normandie Metro D Line Station, providing direct access to Downtown Los Angeles and, through the Metro D Line Extension, expanding westward service to Beverly Hills, Century City, and Westwood as stations continue opening through 2027. This continued investment in public transportation further enhances the property's long-term desirability and investment appeal.

3148 James M Wood Boulevard, Los Angeles

Listing courtesy of Listing Agent: Benjamin S. Lee (ben@benleeproperties.com) from Listing Office: The Agency.
$2,950,000
OC26154419 MLS
A newly constructed investment should do more than generate income—it should give you options. Welcome to 441 N Harvard Blvd, a turnkey fourplex in the heart of Mid-Wilshire designed for investors who value flexibility, efficiency, and long-term wealth creation. Currently operating as a successful short-term rental with income exceeding the projected pro forma, the property can be delivered fully furnished with transferable short-term rental permits, fully leased through an ongoing lease-up, or vacant, allowing the next owner to execute the strategy that best fits their investment goals. Completed in 2025 and exempt from local rent control, this Green Certified property was built to minimize ownership costs while maximizing cash flow. Every unit is individually metered for electricity, gas, and water, leaving virtually no landlord-paid utilities. Paid-off solar, separate HVAC systems and energy-efficient construction further reduce operating expenses, while a 1-year builder warranty provides additional peace of mind. Each residence has been thoughtfully finished with quartz countertops, soft-close cabinetry, luxury vinyl plank flooring, designer tile bathrooms, brand new appliances, private balconies, in-unit laundry, spacious open-concept living areas, and en-suite bathrooms, creating a product that stands well above the typical rental inventory. With 11 on-site parking spaces, including two garages, the property offers an amenity package rarely found in newly built multifamily assets. Projected gross annual income of approximately $230,220 and a projected NOI of approximately $176,877 combine with low operating expenses to create a true turnkey investment. As new construction, the property may also present attractive depreciation opportunities for qualified buyers—buyers should consult their tax advisor regarding available tax benefits. Ideally situated near Larchmont Village, Hancock Park, Koreatown, Hollywood, Paramount Studios, Netflix, Metro transit, and major employment centers, these units offer access to one of Los Angeles' deepest and most resilient tenant pools. Whether you're completing a 1031 exchange, purchasing your first multifamily asset, or expanding an institutional-quality portfolio, opportunities like this are exceptionally rare: a brand-new, low-maintenance, separately metered, fully furnished investment that can be operated as a premium long-term rental or continue generating income through short-term accommodations from day one.

441 N Harvard Boulevard, Los Angeles

Listing courtesy of Listing Agent: Drew Dunn (drewdunn25@gmail.com) from Listing Office: Four Brothers Real Estate, Inc..
$1,229,000
10 Beds ⋅ 6 Baths ⋅ 26859683 MLS
Well-maintained building located at 1138 Fedora St offers a rare investment opportunity in the heart of the highly desirable Olympic-Wilshire/Koreatown area. The property is currently 100% occupied, providing immediate and stable cash flow, with significant value-add potential and substantial rental upside for investors seeking to maximize returns. Situated on one of the most sought-after streets in the neighborhood, the property offers convenient access to major freeways, public transportation, Koreatown nightlife, restaurants, and shopping. Strong rental demand and long-term appreciation potential make this a high-performing asset in a prime location.

1138 Fedora St, Los Angeles

Courtesy of New Star Realty, Moon Sook Wheaton - CA DRE#00831132

$949,000
3 Beds ⋅ 2 Baths ⋅ 26853125 MLS
Motivated Seller!! Don't miss an opportunity to build the income properties up to 3 units. This lovely house has been cosmetically remodeled the attic and also the front &back porch areas as well to have more useful spaces. There are fruit trees (Jujube, grapefruit, and guava) in the front yard that make the house more lively and fresh. At the spacious back yard allows up to four cars to park and has a shed at the corner which may be used as a workspace or art room. Conveniently located to shops, restaurants, markets, Freeways, and public transportation.

416 N Serrano Ave, Los Angeles

Courtesy of America Realty Los Angeles, Angie Lee - CA DRE#01880746

$1,229,000
10 Beds ⋅ 6 Baths ⋅ 26859683 MLS
Well-maintained building located at 1138 Fedora St offers a rare investment opportunity in the heart of the highly desirable Olympic-Wilshire/Koreatown area. The property is currently 100% occupied, providing immediate and stable cash flow, with significant value-add potential and substantial rental upside for investors seeking to maximize returns. Situated on one of the most sought-after streets in the neighborhood, the property offers convenient access to major freeways, public transportation, Koreatown nightlife, restaurants, and shopping. Strong rental demand and long-term appreciation potential make this a high-performing asset in a prime location.

1138 Fedora Street, Los Angeles

Listing courtesy of Listing Agent: Moon Sook Wheaton (sukiwheaton@newstarrealty.com) from Listing Office: New Star Realty.
$949,000
3 Beds ⋅ 2 Baths ⋅ 26853125 MLS
Motivated Seller!! Don't miss an opportunity to build the income properties up to 3 units. This lovely house has been cosmetically remodeled the attic and also the front &back porch areas as well to have more useful spaces. There are fruit trees (Jujube, grapefruit, and guava) in the front yard that make the house more lively and fresh. At the spacious back yard allows up to four cars to park and has a shed at the corner which may be used as a workspace or art room. Conveniently located to shops, restaurants, markets, Freeways, and public transportation.

416 N Serrano Avenue, Los Angeles

Listing courtesy of Listing Agent: Angie Lee (angieleeus@gmail.com) from Listing Office: America Realty Los Angeles.
$2,200,000
26859537 MLS
Prime investment opportunity at 1041 Elden offering exceptional value-add potential and long-term upside. Currently configured as 24 rooms, this property features a flexible layout suitable for a variety of uses, making it ideal for both investors and owner-users. Strategically located in a high-demand submarket with convenient access to major freeways, transportation corridors, retail, and surrounding amenities. The property benefits from strong rental demand and provides an opportunity to increase income through lease optimization, repositioning, and property improvements. Additionally, this asset presents a rare opportunity for redevelopment or adaptive reuse. Positioned on a well-located parcel within a growing area, investors and developers can capitalize on future appreciation and maximize value through new construction or reconfiguration. Buyer to verify zoning, land use, permits, and development potential. Excellent opportunity for investors seeking stable cash flow with upside, as well as developers looking for a strategic project in a desirable location.

1041 Elden Ave, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$1,125,000
26859535 MLS
Prime Koreatown investment opportunity at 1145 S Kingsley Dr with the rare option to acquire the adjacent property at 1139 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

1145 S Kingsley Dr, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$1,125,000
26859533 MLS
Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

1139 S Kingsley Dr Unit 3, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$4,250,000
30 Beds ⋅ 33 Baths ⋅ 26859337 MLS
We are pleased to present1125 S Westmoreland Avenue, a 27-unit multifamily investment opportunity in the heart of Koreatown, comprised of two distinct buildings. The front 10,824 SF building was built in 1937 and arear 13,088 SF building was built in 1962, situated on a large25,000 SF lot. A diverse and highly marketable unit mix of 4 bachelors, 4singles, 13 one-bedrooms, 4 two-bedrooms, and 2 three-bedrooms caters to a broad range of renter profiles and price points, supporting consistent leasing velocity. The property offers a unique structural layout, centered around an expansive central courtyard with garden, private balconies and patios facing the street and interior corridor. There are also several on-site laundry machines that generate additional income. Significant rental upside can be achieved through unit turnover. Select units have already undergone renovation, including new laminate flooring, paint, updated appliances, refreshed kitchens and bathrooms, and mini-split AC. Ample on-site parking totaling 24 spaces (12 tandem spots split across both sides of the property and 12 rear single spaces),with meaningful ADU potential through conversion of select tuck under parking spots (buyer to verify). Untapped ancillary income streams under new ownership, including the ability to implement a utility bill back program via RUBS and generate additional income from parking, neither of which is currently being captured. Offered at an attractive basis of $4,250,000 ($157,407/unit,$177.74/SF), reflecting a 5.27% current cap rate and 9.24 GRM on in-place income. Located in Koreatown, one of Los Angeles' most active rental markets, drawing a deep and diversified renter base to its dense concentration of restaurants, nightlife, and retail. Positioned within a submarket experiencing sustained momentum, with more than 50 major development projects underway or planned throughout Koreatown and independent research projecting rental rates to climb meaningfully over the coming years as available housing supply remains constrained. A persistent affordability gap supports durable demand, with the Koreatown median home price near $1.2 million placing homeownership out of reach for most local renters, reinforcing high occupancy and consistent rent growth throughout the submarket.

1125 S Westmoreland Ave, Los Angeles

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

$2,200,000
26859537 MLS
Prime investment opportunity at 1041 Elden offering exceptional value-add potential and long-term upside. Currently configured as 24 rooms, this property features a flexible layout suitable for a variety of uses, making it ideal for both investors and owner-users. Strategically located in a high-demand submarket with convenient access to major freeways, transportation corridors, retail, and surrounding amenities. The property benefits from strong rental demand and provides an opportunity to increase income through lease optimization, repositioning, and property improvements. Additionally, this asset presents a rare opportunity for redevelopment or adaptive reuse. Positioned on a well-located parcel within a growing area, investors and developers can capitalize on future appreciation and maximize value through new construction or reconfiguration. Buyer to verify zoning, land use, permits, and development potential. Excellent opportunity for investors seeking stable cash flow with upside, as well as developers looking for a strategic project in a desirable location.

1041 Elden Avenue, Los Angeles

Listing courtesy of Listing Agent: John C. Pak (JP@LA4989.com) from Listing Office: Christie's International Real Estate SoCal.
$1,125,000
26859533 MLS
Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

1139 S Kingsley Drive Unit 3, Los Angeles

Listing courtesy of Listing Agent: John C. Pak (JP@LA4989.com) from Listing Office: Christie's International Real Estate SoCal.
$1,125,000
26859535 MLS
Prime Koreatown investment opportunity at 1145 S Kingsley Dr with the rare option to acquire the adjacent property at 1139 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

1145 S Kingsley Drive, Los Angeles

Listing courtesy of Listing Agent: John C. Pak (JP@LA4989.com) from Listing Office: Christie's International Real Estate SoCal.
$4,250,000
30 Beds ⋅ 33 Baths ⋅ 26859337 MLS
We are pleased to present1125 S Westmoreland Avenue, a 27-unit multifamily investment opportunity in the heart of Koreatown, comprised of two distinct buildings. The front 10,824 SF building was built in 1937 and arear 13,088 SF building was built in 1962, situated on a large25,000 SF lot. A diverse and highly marketable unit mix of 4 bachelors, 4singles, 13 one-bedrooms, 4 two-bedrooms, and 2 three-bedrooms caters to a broad range of renter profiles and price points, supporting consistent leasing velocity. The property offers a unique structural layout, centered around an expansive central courtyard with garden, private balconies and patios facing the street and interior corridor. There are also several on-site laundry machines that generate additional income. Significant rental upside can be achieved through unit turnover. Select units have already undergone renovation, including new laminate flooring, paint, updated appliances, refreshed kitchens and bathrooms, and mini-split AC. Ample on-site parking totaling 24 spaces (12 tandem spots split across both sides of the property and 12 rear single spaces),with meaningful ADU potential through conversion of select tuck under parking spots (buyer to verify). Untapped ancillary income streams under new ownership, including the ability to implement a utility bill back program via RUBS and generate additional income from parking, neither of which is currently being captured. Offered at an attractive basis of $4,250,000 ($157,407/unit,$177.74/SF), reflecting a 5.27% current cap rate and 9.24 GRM on in-place income. Located in Koreatown, one of Los Angeles' most active rental markets, drawing a deep and diversified renter base to its dense concentration of restaurants, nightlife, and retail. Positioned within a submarket experiencing sustained momentum, with more than 50 major development projects underway or planned throughout Koreatown and independent research projecting rental rates to climb meaningfully over the coming years as available housing supply remains constrained. A persistent affordability gap supports durable demand, with the Koreatown median home price near $1.2 million placing homeownership out of reach for most local renters, reinforcing high occupancy and consistent rent growth throughout the submarket.

1125 S Westmoreland Avenue, Los Angeles

Listing courtesy of Listing Agent: Neema Ahadian (neema@marcusmillichap.com) from Listing Office: Marcus & Millichap.
$1,650,000
3 Beds ⋅ 2 Baths ⋅ DW26152152 MLS
Beautifully renovated Craftsman offering the perfect blend of timeless character and modern living. Filled with natural light, this exceptional property features an open-concept layout, designer finishes, a stunning chef’s kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and a spacious center island. The primary suite offers a peaceful retreat with a remodeled en-suite bath and direct access to a private deck overlooking the backyard. Additional highlights include updated bathrooms, a dedicated office space, expansive outdoor entertaining areas, gated parking, and beautifully landscaped grounds. Completing the property is a detached renovated studio with its own kitchen, bathroom, and private entrance—ideal for guests, extended family, a home office, creative studio, or potential rental income. A rare turnkey opportunity offering flexibility, comfort, and exceptional value.

103 N Harvard, Los Angeles

Listing courtesy of Listing Agent: Mimi Lee (MimiLee822@gmail.com) from Listing Office: Realty One Group United.
$1,849,000
6 Beds ⋅ 4 Baths ⋅ 26858467 MLS
Rare development opportunity. Calling to all investors, builders & developers.There is a 4 existing units in the front of the property fully occupied, and RTI ready to pull permits and start construction of new detached 4 units. All 4 bedrooms & 3 bathrooms with central A/C and inside laundry unit.You can start building your new 4 units by meantime receiving the rent income from the front units. This unique Project is ideally located just minutes from the vibrant Wilshire corridor, L.A. Downtown, Hollywood Griffith park, Observatory.Outstanding rental district.

225 S Hoover St, Los Angeles

Courtesy of Coldwell Banker Realty, Laura Markosian - CA DRE#01291002

$1,750,000
7 Beds ⋅ 6 Baths ⋅ PF26151135 MLS
Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break ground or a value-add buyer looking to immediately capture true market-rate stabilization. Owner overhead is kept low, as all units are individually metered for electricity and gas, strictly limiting utility exposure. Do not miss this secure, low-overhead wealth preservation vehicle in one of Los Angeles' most supply-constrained rental markets!

148 S Normandie Avenue, Los Angeles

Listing courtesy of Listing Agent: Sang Ur (sang.ur@redfin.com) from Listing Office: Redfin Corporation.
$1,849,000
6 Beds ⋅ 4 Baths ⋅ 26858467 MLS
Rare development opportunity. Calling to all investors, builders & developers.There is a 4 existing units in the front of the property fully occupied, and RTI ready to pull permits and start construction of new detached 4 units. All 4 bedrooms & 3 bathrooms with central A/C and inside laundry unit.You can start building your new 4 units by meantime receiving the rent income from the front units. This unique Project is ideally located just minutes from the vibrant Wilshire corridor, L.A. Downtown, Hollywood Griffith park, Observatory.Outstanding rental district.

225 S Hoover Street, Los Angeles

Listing courtesy of Listing Agent: Laura Markosian (Laura.Markosian@camoves.com) from Listing Office: Coldwell Banker Realty.
$1,650,000
OC26151099 MLS
Prime Koreatown Covered Land Play, House-Hack, & High-Density Development Opportunity! This versatile setup is perfect for an owner-user looking to occupy the entire property, or "house-hack" by living in one unit while offsetting the mortgage with substantial supplemental income from the others. It is equally lucrative for traditional investors and developers alike. Situated on a prime ±5,901 sq. ft. flat lot in the high-demand rental core of Los Angeles (90006), 1107 S Mariposa Ave represents the ultimate multi-tier investment asset. Operating with an SFR footprint but uniquely optimized for maximum revenue, the property features a turnkey, high-yield co-living configuration in the front building paired with a detached back unit. Crucially, 100% of the current tenants are on Month-to-Month leases at rates significantly below market standards, delivering an incoming buyer unparalleled operational flexibility. This ensures an immediate path to aggressive market-rate stabilization for a value-add buyer, or a frictionless timeline for a developer looking to clear the site. While generating resilient holding income, buyers can leverage the property's premium R3-1 zoning and Transit Oriented Communities (TOC) eligibility. This high-density transit corridor designation unlocks massive development incentives, including enhanced Floor Area Ratios (FAR), increased height allowances, and dramatically reduced parking requirements that slash subterranean construction costs. With an established proof of concept directly in the immediate submarket—notably demonstrated by the successful recent development at 1110 S Mariposa Ave—this asset is an incredibly secure, low-overhead wealth-preservation vehicle in one of Southern California's most supply-constrained rental markets!

1107 S Mariposa Avenue, Los Angeles

Listing courtesy of Listing Agent: Sang Ur (sang.ur@redfin.com) from Listing Office: Redfin Corporation.
$888,000
2 Beds ⋅ 2 Baths ⋅ 26855755 MLS
Exceptional opportunity to acquire a character-rich Duplex located between Melrose Hill and Larchmont Village, featuring 1,656 sqf of living space on a 3,800 square foot LAR3-zoned corner lot, presenting a rare combination of charm, flexibility, and future potential. The property consists of two units of 1bedroom, 1bathroom each, offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

500 N Kingsley Dr, Los Angeles

Courtesy of Nelson Shelton & Associates, Faye Farzani - CA DRE#01113666

$1,195,000
5 Beds ⋅ 4 Baths ⋅ 26856785 MLS
Build, remodel, flip, or hold - 932 S Harvard represents a rare opportunity with multiple exit strategies. The existing 1912 Craftsman is a 3-bed, 2-bath, 1,900 square feet in need of TLC (additional photos available). The rear permitted rec room is two stories, approximately 1,200 square feet, now with approved RTI plans to convert to a 1-bedroom ADU with a 2-bedroom ADU RTI in process. Developers are able to build up to 16 units by right or up to 29 units using TOC Tier 3 incentives. Located in the heart of Koreatown, 932 S Harvard is well positioned for investors and owner-users alike.

932 S Harvard Blvd, Los Angeles

Courtesy of Resident Group, Michael Lease - CA DRE#02040586

$888,000
2 Beds ⋅ 2 Baths ⋅ 26855755 MLS
Exceptional opportunity to acquire a character-rich Duplex located between Melrose Hill and Larchmont Village, featuring 1,656 sqf of living space on a 3,800 square foot LAR3-zoned corner lot, presenting a rare combination of charm, flexibility, and future potential. The property consists of two units of 1bedroom, 1bathroom each, offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

500 N Kingsley Drive, Los Angeles

Listing courtesy of Listing Agent: Faye Farzani (fafar101@aol.com) from Listing Office: Nelson Shelton & Associates.
$699,000
3 Beds ⋅ 2 Baths ⋅ 26857145 MLS ⋅ Westmoreland Villas BLDG.
DON'T MISS THIS ONE! PRICED TO SELL! ** PRICE JUST REDUCED (July 9th) TO UNDER $700K. VERY EASY TO SHOW. Run, Don't Walk - this GEM will sell soon!! ** Move-in Ready & Remodeled 3BR+2BA Unit in PRIME Mid-Wilshire K-Town. COVETED LOCATION IN BACK-OF-BUILDING, CORNER UNIT WITH ONLY 1 COMMON WALL. PRIVATE BALCONY WITH NATURE TREE TOP FEEL. This newer construction building is in a quiet community-complex of only 16 units. Excellent floor plan, with open concept kitchen. Other upgrades include: Renovated luxury kitchen with granite countertops and custom glass-inlay upper cabinets + stainless steel appliances + hardwood floors + in-unit laundry room + recessed lighting + high ceilings. The home's layout allows for great natural light in each room. The primary bedroom suite is extra large with luxury dual-vanity bathroom and spa tub. Professionally organized closets in every bedroom. Building was built new in 2007, so there is Central AC and Heat, newer systems, and this unit features 2 DIRECT ACCESS PARKING SPOTS in underground secure parking. Just Steps away from the recently revitalized Shatto Neighborhood Park (Walkable grassy nature space!). Great location near all the shops, cafes and dining around the Wilshire-Vermont Corridor. Openaire, Brass Monkey, Guelaguetza, Hanu K BBQ, list goes on! PRIME A+ LOCATION WITH HIGH WALK SCORE. Schedule private appointment to view.

417 S Westmoreland Ave Unit 404, Los Angeles

Courtesy of Keller Williams Realty Los Feliz, Jerry Hsieh - CA DRE#01701809

$1,195,000
5 Beds ⋅ 4 Baths ⋅ 26856785 MLS
Build, remodel, flip, or hold - 932 S Harvard represents a rare opportunity with multiple exit strategies. The existing 1912 Craftsman is a 3-bed, 2-bath, 1,900 square feet in need of TLC (additional photos available). The rear permitted rec room is two stories, approximately 1,200 square feet, now with approved RTI plans to convert to a 1-bedroom ADU with a 2-bedroom ADU RTI in process. Developers are able to build up to 16 units by right or up to 29 units using TOC Tier 3 incentives. Located in the heart of Koreatown, 932 S Harvard is well positioned for investors and owner-users alike.

932 S Harvard Boulevard, Los Angeles

Listing courtesy of Listing Agent: Michael Lease (mikeleasere@gmail.com) from Listing Office: Resident Group.
$699,000
3 Beds ⋅ 2 Baths ⋅ 26857145 MLS
DON'T MISS THIS ONE! PRICED TO SELL! ** PRICE JUST REDUCED (July 9th) TO UNDER $700K. VERY EASY TO SHOW. Run, Don't Walk - this GEM will sell soon!! ** Move-in Ready & Remodeled 3BR+2BA Unit in PRIME Mid-Wilshire K-Town. COVETED LOCATION IN BACK-OF-BUILDING, CORNER UNIT WITH ONLY 1 COMMON WALL. PRIVATE BALCONY WITH NATURE TREE TOP FEEL. This newer construction building is in a quiet community-complex of only 16 units. Excellent floor plan, with open concept kitchen. Other upgrades include: Renovated luxury kitchen with granite countertops and custom glass-inlay upper cabinets + stainless steel appliances + hardwood floors + in-unit laundry room + recessed lighting + high ceilings. The home's layout allows for great natural light in each room. The primary bedroom suite is extra large with luxury dual-vanity bathroom and spa tub. Professionally organized closets in every bedroom. Building was built new in 2007, so there is Central AC and Heat, newer systems, and this unit features 2 DIRECT ACCESS PARKING SPOTS in underground secure parking. Just Steps away from the recently revitalized Shatto Neighborhood Park (Walkable grassy nature space!). Great location near all the shops, cafes and dining around the Wilshire-Vermont Corridor. Openaire, Brass Monkey, Guelaguetza, Hanu K BBQ, list goes on! PRIME A+ LOCATION WITH HIGH WALK SCORE. Schedule private appointment to view.

417 S Westmoreland Avenue Unit 404, Los Angeles

Listing courtesy of Listing Agent: Jerry Hsieh (jerryandrachelteam@gmail.com) from Listing Office: Keller Williams Realty Los Feliz.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.