For Sale
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Multi family home for sale at 1230 Irolo St #7, Los Angeles, CA 90006 | MLS# 26104463 | Listing updated on 2026-10-25
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Listed by: Yun Young Kwag (213) 700-3239 DRE #01935957 | New Star Realty (213) 385-4989

$3,200,000

Monthly Est:$15,928

  • Beds Icon15 Beds
  • Beds Icon
    10 Baths
  • Beds Icon7,430sqft

1230 Irolo St #7, Los Angeles, CA 90006

$15,928/moEst:

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  • Multi Family

  • Built in 1903

  • $-- HOA

  • 11,831 sqft lot

  • $431/sq.ft

Description

Rare 7-unit multifamily on two adjacent parcels in central Los Angeles (Pico-Union, adjacent to Koreatown) sold together, APNs 5078-036-018 & -019. Four 1bd/1ba units in the front building plus three family-sized units at the rear: a 3bd/2ba house, a permitted 4bd/2ba detached ADU (approx. 1,240 SF, Certificate of Occupancy issued 2022), and a remodeled 3bd/2ba house. Approx. 7,430 SF of living area across four structures dating to 1895, 1903, and 1915. Strong in-place income $18,838/mo base rent plus water reimbursement and parking income ($232,056/yr gross), est. NOI $199,368/yr, a 6.2% cap at asking. All seven units occupied; four recently remodeled. Confirmed TOC Tier 2 eligibility supports a preliminary redevelopment scenario of up to 23 units income today, density optionality tomorrow. Subject to LA City Rent Stabilization Ordinance. Buyer to verify all information including rents, expenses, unit details, and RSO compliance....

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  • Houzeo last checked: 1 minute ago
  • Listing updated: October 25, 2026 at 9:28 am
  • Source: California Regional MLS-CA | MLS#: 26104463 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Los Angeles

  • Neighborhood

    Koreatown

  • Year Built

    1903

  • HOA Fees

    -

  • Finished Area

    7,430 sqft

  • Lot Size

    11,831 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26104463

  • MLS Status

    Active

  • Days on Market

    3

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 15

    Bathrooms: 10

Interior

  • Interior Features

    Ceiling Fans

  • Appliances

    Microwave

  • Heating

    Wall Furnace

Utilities & Energy

  • Parking Features

    Assigned, Driveway

Price History

DateEventPrice

10/22/2026

Source: mls_logoCalifornia Regional MLS-CA #26104463

Listed for Sale

$3,200,000

$431/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 04:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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