Entity Owned 
For Sale
Property summary
This 11-unit apartment building presents a compelling value-add opportunity in Los Angeles' Koreatown, bordering Downtown. The property, built in 1923, boasts 12,306 square feet across two stories and sits on a substantial 13,999 square foot corner lot. The unit mix includes one studio, six one-bedroom/one-bathroom units, and four two-bedroom/one-bathroom units. Current occupancy is at 100%, generating a Net Operating Income (NOI) of $86,778, with a current cap rate of 3.40%. However, with… current rents significantly below market value (over 70% below), a pro-forma NOI of $217,024 and a pro-forma cap rate of 8.51% are projected. The property includes on-site laundry and parking garages. The R4 zoning and location within a Transit Priority Area offer redevelopment potential. Its prime location provides easy access to major freeways (110 and 10), public transportation, and numerous amenities. The asking price is $2,550,000 ($231,818 per unit and $207.22 per square foot). The potential for adding accessory dwelling units (ADUs) offers further income growth, subject to buyer verification and city approvals. This presents a strong investment opportunity in a high-demand area with significant upside potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 21 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
