1143 Irolo Street Open House Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
OPEN HOUSE
Sat May 31, 1:00pm - 4:00pm
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 5,475 sqft
Price per Sqft $497
MLS Listing ID SR25106098
Style All Other Attached
Bedrooms 12
Full Baths 14
Year Built 2021
Lot Size 5,903 Sqft
Property Description
Welcome to 1143 Irolo Street a prime investment opportunity in the heart of Koreatown, Los Angeles. This rare and modern fourplex features two standalone 3-story duplex townhomes, each thoughtfully designed and built in 2021, offering a total of 12 bedrooms, 14 bathrooms, and 5,475 square feet of luxurious living space. Perfectly suited for both investors and 1031 exchange buyers offers low operating expenses, two units (each 3 bed, 3 bath) will be delivered vacant, allowing for immediate occupancy or premium rental potential. These sleek, contemporary homes combine upscale finishes with functional design, including open-concept living areas, gourmet kitchens, designer bathrooms, and a powder room in each unit. Enjoy panoramic views of the Hollywood Hills and Downtown LA skyline, while owners will appreciate the low-maintenance setup with separate meters for gas, water, trash, and electricity for all four units. Because this is a non-rent-controlled property, there is greater flexibility in rent increases and tenant turnover, maximizing your long-term return on investment. With a Walk Score of 91, the location is unbeatablejust minutes from top dining, shopping, transit, and entertainment options in vibrant Koreatown. Whether you're a seasoned investor seeking stable cash flow or an owner-user looking to live in one unit while leasing the others, this is a must-see, high-performing asset in one of LA's most sought-after rental markets.
Welcome to 1143 Irolo Street a prime investment opportunity in the heart of Koreatown, Los Angeles. This rare and modern fourplex features two standalone 3-story duplex townhomes, each thoughtfully designed and built in 2021, offering a total of 12 bedrooms, 14 bathrooms, and 5,475 square feet of luxurious living space. Perfectly suited for both investors and 1031 exchange buyers offers low operating expenses, two units (each 3 bed, 3 bath) will be delivered vacant, allowing for immediate occupancy or premium rental potential. These sleek, contemporary homes combine upscale finishes with functional design, including open-concept living areas, gourmet kitchens, designer bathrooms, and a powder room in each unit. Enjoy panoramic views of the Hollywood Hills and Downtown LA skyline, while owners will appreciate the low-maintenance setup with separate meters for gas, water, trash, and electricity for all four units. Because this is a non-rent-controlled property, there is greater flexibility in rent increases and tenant turnover, maximizing your long-term return on investment. With a Walk Score of 91, the location is unbeatablejust minutes from top dining, shopping, transit, and entertainment options in vibrant Koreatown. Whether you're a seasoned investor seeking stable cash flow or an owner-user looking to live in one unit while leasing the others, this is a must-see, high-performing asset in one of LA's most sought-after rental markets.
Location
State CA
County Los Angeles
Area Los Angeles (90006)
Zoning LAR3
Interior
Cooling Central Forced Air
Flooring Laminate,Tile
Equipment Dishwasher,Disposal,Microwave,Refrigerator,Gas Oven,Gas Range
Laundry Garage,Inside
Exterior
Exterior Feature Stucco
Parking Features Gated,Tandem,Garage
Garage Spaces 8.0
Fence Electric,Security
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Other/Remarks,Neighborhood,City Lights
Roof Type Asphalt,Flat
Building
Lot Description Curbs,Sidewalks,Landscaped
Story 3
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional,Exchange,FHA
Listing Terms Cash,Conventional,Exchange,FHA
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/c6233b15-033a-4239-9e5a-1eba6344137e?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard