Triplex - Los Angeles, CA

Koreatown triplex, perfect for owner occupants, investors, AND developers! Below market rents with one unit delivered vacant at closing. OWNER OCCUPANTS: Live in one unit and rent the other units to pay some (or all) of your mortgage! You have 3 options: live in a studio apartment with private patio, 1-bedroom apartment above the garage, or 2-bedroom house in front with enclosed front porch, dining room, and bonus room. INVESTORS: Diverse and attractive unit mix, with huge rent upside potential in a prime location. Plus, 3 single car garages and additional covered parking in the rear, a rarity for this area. Rehab units to instantly add value. DEVELOPERS: R3-1 zoning in a Tier 3 TOC and QUALIFIED OPPORTUNITY ZONE. Sandwiched between an 8-Unit apartment and 10-Unit apartment, this lot is underutilized. See new construction across the street at 240 and 246 N. Catalina St. 6 units being built on similar lots with the same zoning. GREAT LOCATION! Walkscore of 89, with plenty of restaurants, stores, and public transportation within walking distance (Metro Red Line is 3 short blocks away and bus lines are all around). Minutes from Downtown and 101\/110\/10 freeways, perfect for commuters.