742 Irolo Street, Los Angeles, CA 90005

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
742 Irolo Street,Los Angeles, CA 90005
$1,900,000
  • 8 Beds
  • 8 Baths
  • 5,607 sq. ft.
  • Multi-family
  • Active
Listed by: stephen f. watson, michael r. fukushima
Office: keller williams los angeles
MLS#:25609475
Source:CRMLS

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$338.86

About this home

742 Irolo Street presents an exceptional opportunity to acquire an 8-unit multifamily property in the heart of Koreatown, one of Los Angeles' most vibrant and high-demand rental submarkets. The property features a well-balanced mix of seven (1-bed / 1-bath) units and one (2-bed / 1-bath) unit, totaling 5,607 square feet of living space on a 6,762 square foot LAR4-zoned lot. Operating at a 4.6% cap rate and 13.18 GRM, the building offers investors a healthy in-place return with the potential for continued rent growth over time. The LAR4 zoning allows for future redevelopment possibilities, providing flexibility for both long-term hold and value-add investors seeking to capitalize on the strong fundamentals of the Koreatown market. The property is centrally located just moments from Wilshire Boulevard, 8th St, and the Wilshire/Normandie Metro Station, offering excellent access to Downtown Los Angeles, Hollywood, and the greater LA area. With an exceptional Walk Score, residents enjoy...

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Home facts

  • Year built:1954
  • Listing ID #:25609475
  • Added:151 day(s) ago
  • Updated:March 23, 2026 at 01:18 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Living area:5,607 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1954
  • Building area:5,607 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$338.86

Parking

  • Total parking spaces:7
  • Parking description:Carport
Based on information from California Regional Multiple Listing Service, Inc. as of March 23, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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