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Listed by Mike Marcu • Mike Marcu, Broker
$ 2,675,000
Est. payment | /mo
7,260 SqFt
$ 2,675,000
Est. payment | /mo
7,260 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,260 sqft
Price per Sqft $368
MLS Listing ID CROC24214288
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1957
Lot Size 7,503 Sqft
Property Description
The Le Roi Apartments is located in a solid infill Los Angeles location within the northern section of Koreatown. Featuring 5 studio and 7 one-bedroom apartments, approximately 6 of which have been renovated, the property offers an opportunity to capture as much as 40% increase in the Net Operating Income of the property. Parking consists of 3 garages, 4 tuck under and 4 carport spaces, totaling 11 parking spaces. And while master metered for utilities ownership has instituted a RUBS program to stabilize the cost.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Exterior
Parking Type None
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