Property Detail
Description
Positioned in the crown jewel of Koreatown, near the iconic intersection of Normandie Avenue and Wilshire Boulevard, this exceptionally rare 100% vacant triplex presents one of Los Angeles' most compelling value-add investment opportunities. Comprised of three spacious 3-bedroom units, this LAR4-zoned property offers a true blank canvas with significant repositioning potential, allowing the next owner to immediately renovate, modernize, reposition, or explore future development and entitlement opportunities (buyer to verify). Delivered completely vacant at the close of escrow, this is a rare opportunity to maximize rental income from day one without the challenges of tenant relocation or existing rent-control restrictions. Whether you're an experienced investor, developer, contractor, or owner-user with a vision, the possibilities are endless. Ideally situated just moments from Wilshire Boulevard, Metro stations, Downtown Los Angeles, world-class dining, shopping, entertainment, and major employment centers, this premier location continues to experience strong rental demand and long-term appreciation. Opportunities to acquire a fully vacant triplex in the heart of Koreatown are extraordinarily scarce. Bring your vision, unlock the tremendous upside, and capitalize on this rare opportunity to create a premier income-producing asset in one of Los Angeles' most sought-after investment corridors..
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Listing provided courtesy of Leonard Lee of Property Advisors Group, Inc. Last updated 2026-08-24 08:10:57.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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