Search
Renovated Fourplex with On-Site Parking
For Sale
$1,375,000

1206 Irolo St, Los Angeles, CA 90006

Four larger residences feature private laundry and assigned parking in a well-maintained apartment property.

Property Size4,214 SF
Price / SF$326.29
Days on Market84

Property Features for 1206 Irolo St

General Information

Standard status Active
Size 4,214 SF
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 4

Amenities

in-unit washer and dryer

Building Details

Building Size 4,214 SF
Year Built 1922
Listing Agency: Landpac Properties
Listed By: Soon Hee Lee · License #01714687
Source: Carolinakramer
Added: Jun 8 Changed: Aug 29 Last Checked: Aug 2 at 8:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landpac Properties

Investment Insights

Based on property information with market context.

Built in 1922, this four-unit apartment property was substantially rebuilt and modernized during a renovation lasting nearly two years. The work retained the original structural framework while converting the former five-unit configuration into four larger residences. Each apartment includes an in-unit washer and dryer, and the building has been maintained throughout the current ownership period.

Parking is assigned on site, with one space for each one-bedroom residence and two spaces for each three-bedroom residence. The property is occupied by long-term tenants with a consistent history of timely rent payments. Its Los Angeles location provides access to Koreatown and Downtown Los Angeles, along with public transportation, employment centers, shopping, dining, and entertainment.

Key Highlights

  • Four‑unit apartment property at 1206 Irolo St, Los Angeles, CA 90006
  • Substantially rebuilt and modernized during a renovation lasting nearly two years
  • Reconfigured from five units into four larger residences

Property Analytics

Current Use

Quadplexes

Suggested Use

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

3,955
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four larger residences feature private laundry and assigned parking in a well-maintained apartment property.
Where is this quadplex located?
The property is located at 1206 Irolo St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Four‑unit apartment property at 1206 Irolo St, Los Angeles, CA 90006; Substantially rebuilt and modernized during a renovation lasting nearly two years; Reconfigured from five units into four larger residences
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message