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Listed by: Stephen F. Watson (213) 446-3636 DRE #01187813, Michael R. Fukushima DRE #01380445 | Keller Williams Los Angeles (562) 334-1500
$1,900,000
8 Beds
8 Baths
5,607sqft
742 Irolo St, Los Angeles, CA 90005
$1,900,000
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Multi Family
Built in 1954
$-- HOA
6,762 sqft lot
$339/sq.ft
Description
742 Irolo Street presents an exceptional opportunity to acquire an 8-unit multifamily property in the heart of Koreatown, one of Los Angeles' most vibrant and high-demand rental submarkets. The property features a well-balanced mix of seven (1-bed / 1-bath) units and one (2-bed / 1-bath) unit, totaling 5,607 square feet of living space on a 6,762 square foot LAR4-zoned lot. Operating at a 4.6% cap rate and 13.18 GRM, the building offers investors a healthy in-place return with the potential for continued rent growth over time. The LAR4 zoning allows for future redevelopment possibilities, providing flexibility for both long-term hold and value-add investors seeking to cap...
Continue Reading- Houzeo last checked: 2 Minutes ago
- Listing updated: November 6, 2025 at 11:28 pm
- Source: California Regional MLS-CA | MLS#: 25609475
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1954
HOA Fees
-
Finished Area
5,607 sqft
Lot Size
6,762 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25609475
MLS Status
Active
Days on Market
100
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