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$2,725,000

Est. payment - /mo

5,902 Sqft Lot

New

1143 Irolo ST Los Angeles, CA 90006

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25115840

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 2021

Lot Size 5,902 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to 1143 Irolo Street – a prime investment opportunity in the heart of Koreatown, Los Angeles. This rare and modern fourplex features two standalone 3-story duplex townhomes, each thoughtfully designed and built in 2021, offering a total of 12 bedrooms, 14 bathrooms, and 5,475 square feet of luxurious living space. Perfectly suited for both investors and 1031 exchange buyers offers low operating expenses, two units (each 3 bed, 3 bath) will be delivered vacant, allowing for immediate occupancy or premium rental potential. These sleek, contemporary homes combine upscale finishes with functional design, including open-concept living areas, gourmet kitchens, designer bathrooms, and a powder room in each unit. Enjoy panoramic views of the Hollywood Hills and Downtown LA skyline, while owners will appreciate the low-maintenance setup with separate meters for gas, water, trash, and electricity for all four units. Because this is a non-rent-controlled property, there is greater flexibility in rent increases and tenant turnover, maximizing your long-term return on investment. With a Walk Score of 91, the location is unbeatable—just minutes from top dining, shopping, transit, and entertainment options in vibrant Koreatown. Whether you're a seasoned investor seeking stable cash flow or an owner-user looking to live in one unit while leasing the others, this is a must-see, high-performing asset in one of LA's most sought-after rental markets.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Interior Features Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting, Tandem, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None

Inclusions Washer, dryer, fridge, stove, microwave

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater

Laundry Inside, In Garage

Exterior

Parking Features Driveway, Garage, Gated, Paved, One Space, Shared Driveway, Tandem

Garage Spaces 8.0

Garage Description 8.0

Fence Block, Electric, Security

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Neighborhood

Roof Type Asphalt,Flat

Accessibility Parking

Total Parking Spaces 10

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Landscaped, Yard

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Three Or More

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 5080034010

Security Features Carbon Monoxide Detector(s),Key Card Entry,Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/c6233b15-033a-4239-9e5a-1eba6344137e?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Listed by Luke Smith • Real Brokerage Technologies, Inc. • 310-702-0128

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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