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3736-3748 W 1st St
Los Angeles, CA 90004 Koreatown

Price Upon Request

Apartments For Sale  •  7,768 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,768 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1923
  • Zoning LAR3
80 Transit Score
80 Walk Score

Highlights

Architectually Captivating Spanish Style Arches & Roof
Potential to Deliver Two (2) Studio Units Vacant
Priced at a 5.04% CAP Rate & 10.57 Gross Rent Multiplier
Prominent Exposure & Access Points on Multiple Streets
Value-Add Opportunity with 34% Rental Upside

Financial Summary (Actual)

Net Operating Income: $110,888 USD (2023)
Total Expenses: $91,185 USD

Public Transportation

Commuter RailDriveWalkDistance
8 min - 4.1 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.4 mi
AirportDriveWalkDistance
Bob Hope 20 min - 11.8 mi
Los Angeles International 26 min - 14.8 mi
Long Beach (Daugherty Field) 34 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes