244 Park View St Los Angeles, CA 90026

This exceptional investment opportunity presents a meticulously maintained, four-unit apartment building ideally situated in Los Angeles, CA, at 244 N Park View St, 90026. Constructed in 2018, this modern two-story building boasts a total of 5,169 square feet of net rentable space across two buildings, situated on an 8,022 square foot lot. Each of the four units offers generous living space, encompassing 1,361 square feet with three bedrooms and three bathrooms. The property currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $127,798, representing a 4.56% capitalization rate. The asking price is $2,800,000, translating to $700,000 per unit and $531.41 per square foot. Its prime location between Downtown Los Angeles, Silver Lake, and Koreatown provides residents with unparalleled access to a vibrant urban lifestyle, including diverse dining, cultural attractions, and entertainment options. The absence of rent control further enhances the investment potential, promising stable income and significant appreciation potential in a rapidly developing neighborhood. This property offers a compelling combination of modern design, high occupancy, strong cash flow, and a desirable location, making it an attractive investment for discerning buyers.