Rare Opportunity !!! | Fully Renovated high income Unit | Separate Utility Meters | Pro Forma $9,600+/Month. It is very rare opportunity to acquire a high-performing income property in one of Los Angeles' strongest rental markets. Ideally located near Koreatown, Downtown Los Angeles, and Westlake, 826 S Park View St offers investors a compelling combination of immediate cash flow, recent renovations, and long-term appreciation potential. The property features an attractive unit mix consisting of: Two (2) spacious 2-Bedroom / 2-Bathroom units on the first floor. One (1) extensively renovated 4-Bedroom / 3-Bathroom unit on the second floor featuring brand-new flooring, fresh interior and exterior paint, updated finishes, and a modernized living environment designed to attract quality tenants. Additional attic area currently configured with bonus rooms and a bathroom, providing additional functional space and flexibility. One of the property's most valuable investment features is that each unit has its own separate gas and electric meter, allowing tenants to pay their own utilities and helping reduce landlord operating expenses while maximizing net income. This is not a heavy value-add project requiring substantial renovation costs. Major improvements have already been completed, allowing investors to focus on income generation from day one. With a Pro Forma Gross Rental Income of approximately $9,600+ per month, the property offers strong cash-flow potential in an area where rental demand continues to outpace supply. Situated just minutes from Koreatown, Downtown LA, Metro stations, major employment centers, restaurants, shopping, and entertainment, the property benefits from a consistently strong tenant pool and historically low vacancy rates. Whether you are a first-time investor, a 1031 exchange buyer, or an experienced multifamily operator seeking stable income and future appreciation, this property checks all the boxes.
How many bedrooms does this multi-family home have?
There are 9 bedrooms in this multi-family home at 826 S Park View Street.
Does this multi-family home have parking?
Yes, there are 8 parking spaces available for 826 S Park View Street.
How does 826 S Park View Street compare to other multi-family homes in Macarthur Park?
This multi-family home is listed 63% below the average price for multi-family homes in Macarthur Park and has been on the market for 66 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,600 sqft.
826 S Park View Street is a 9-bedroom multi-family home for sale in Los Angeles CA 90057. On Prevu for 8 days at $1,300,000. This residence features 4,600 square feet of living space, located in Macarthur Park. The median listing price for multi-family homes in this area is $785,000. The home offers dishwasher, parking, and washer/dryer. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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