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For Sale
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742 Irolo St Los Angeles, CA 90005
  • Price/Unit $34,375
  • Cap Rate 4.2
  • Zoning LAR4
  • Price/SF $334
  • GRM 15.66
  • Bldg Size 5,607 sq. ft
  • Status For Sale
  • Year Built 1954
  • Property Type Multi-family

About This Property

We are proud to present 742 Irolo St. Eight 1 Bedroom + 1 Bathroom apartments in the heart of Koreatown. Countless restaurants, hotels, and entertainment amenities are within short walking distance. Property is also located within a half block from the Wilshire/Normandie Metro station.
The lot is zoned LAR4-2 and is designated as TOC Tier 3. This would allow for a developer to build up to 16 units by right or up to 27 units with the TOC bonus (Buyer to Verify).
There is an existing garage/carport that could also be used and converted to an ADU (Buyer to Verify). Also value-add opportunity with keeping existing structure and increasing rents over time.

Do not disturb tenants, drive by only!

Please call listing agent Michael Fukushima 818-321-6490 for more information regarding regarding the property or showing instructions.

Property Details

  • Property Type


  • Year Built


  • Status

    For Sale

  • Price/SF Lot


  • Building Size 5,607 sq. ft
  • Lot Size 6,762 sq. ft
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