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1230 Irolo St Unit 7 , Los Angeles, CA 90006
$3,200,000
Est. Payment: $16,817.38/mo
14 Bed
10 Bath
7430 Sqft
0.27 Acres
Status: active | Days on site: 8
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CLW-X70796 - CLW-C111629
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Chris Heller
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House Description

Rare 7-unit multifamily on two adjacent parcels in central Los Angeles (Pico-Union, adjacent to Koreatown) sold together, APNs 5078-036-018 & -019. Four 1bd/1ba units in the front building plus three family-sized units at the rear: a 3bd/2ba house, a permitted 4bd/2ba detached ADU (approx. 1,240 SF, Certificate of Occupancy issued 2022), and a remodeled 3bd/2ba house. Approx. 7,430 SF of living area across four structures dating to 1895, 1903, and 1915. Strong in-place income $18,838/mo base rent plus water reimbursement and parking income ($232,056/yr gross), est. NOI $199,368/yr, a 6.2% cap at asking. All seven units occupied; four recently remodeled. Confirmed TOC Tier 2 eligibility supports a preliminary redevelopment scenario of up to 23 units income today, density optionality tomorrow. Subject to LA City Rent Stabilization Ordinance. Buyer to verify all information including rents, expenses, unit details, and RSO compliance.
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Highlights

Listed by Yun Young Kwag , 213-700-3239 New Star Realty , 213-385-4989. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.27

Year Built

1903

County

Los Angeles

Area

C17 - Mid-Wilshire

Listing ID

26104463

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:14
  • ▪ Bathrooms:10
Appliances:Microwave
Other:
  • ▪ Additional:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Lot Dimensions:46x128
Garage Capacity:7
Zoning:LAR3
Others:
  • ▪ Additional:2+ Total Units, Has ADU
Parking Features:Assigned,Driveway
Principal Interest
$16,817
Taxes
$2,040

Home Price

$3,200,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$640,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,817.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,817.38 $2,040.00 $0.00 $18,857.38
Yearly $201,808.53 $24,480.00 $0.00 $226,288.53
Total $6,054,255.95 $734,400.00 $0.00 $6,788,655.95

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-06T23:30:37.000Z

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