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424 S Commonwealth Ave
Los Angeles, CA 90020 Koreatown

$5,200,000 USD

Apartments For Sale  •  21,375 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,940 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1985
  • Zoning LAR4
90 Transit Score
80 Walk Score

Highlights

Built in 1985 - Not Subject to LA RSO
Approximately 18% Projected NOI Growth
Exceptional Parking Ratio - ~$35K Potential Annual Income
Strong Existing Infrastructure - Separate Meters, Copper Plumbing, Secured Parking, Onsite Laundry
Prime Koreatown - 90 Walk Score

Amenities

  • Heating
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak) 8 min - 4.2 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains) 8 min - 4.6 mi
Transit/SubwayDriveWalkDistance
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 9 min 0.5 mi
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 21 min - 12.4 mi
Los Angeles International 25 min - 14.5 mi
Long Beach (Daugherty Field) 33 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 29
Type: Covered
Included in Rent: Yes
Robert Stepp 310-463-2916 Stepp Commercial - KWPE
Robert Stepp 310-463-2916 Stepp Commercial - KWPE