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Koreatown Fourplex Investment Opportunity
For Sale
$1,000,000

1209 Irolo St, Los Angeles, CA 90006

MULTI_FAMILY - Los Angeles, CA

Property Size2,420 SF
Lot Size0.14 Acres
Price / SF$413.22
Days on Market113

Property Features for 1209 Irolo St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3
Parking 6
Parking features Side By Side
Directions N of Pico & W of Normandie
Subdivision Mid-Wilshire
Standard status Active
APN 5080-035-003
Size 2,420 SF
Lot size 0.14 Acres

Building Details

Year built 1914
Floors in Building 1
Number of units 4
Listing Agency: Mega Realty · RE/MAX International
Listed By: Yongho Rho · License #01035466
Added: Apr 10 Changed: Jul 28 Last Checked: Jul 31 at 1:06AM
MLS# 26698897

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in the heart of Koreatown, this one-story fourplex building presents an investment opportunity in Los Angeles. Each of the four units features a one-bedroom layout, suitable for renters seeking a functional living space. The property is zoned LAR3 and the building size is 2,420 square feet. The lot size is 0.1355 acres. With its location and rental demand, this fourplex is an opportunity for investors or those looking to live in one unit while renting out the others.

Key Highlights

  • 1914‑built 4‑plex in Koreatown, Los Angeles
  • Four 1‑bedroom units (1‑bedroom layout)
  • Unit configuration includes multiple bathrooms listed for the property: Bathroom 1–Bathroom 4

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Tanning Salon Supermarket Buffet Veterinary Clinic (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,666
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit building in Koreatown, ideal for investors or owner-occupiers.
Where is this quadplex located?
The property is located at 1209 Irolo St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1914‑built 4‑plex in Koreatown, Los Angeles; Four 1‑bedroom units (1‑bedroom layout); Unit configuration includes multiple bathrooms listed for the property: Bathroom 1–Bathroom 4
More about this property
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