1230 Irolo Street Los Angeles, CA ^$ 3,200,000

1230 Irolo Street

^$ 3,200,000

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1230 Irolo Street

Los Angeles, CA, 90006

^$ 3,200,000

Bedrooms-- Baths0.0 Sq 7,430

Monthly Estimate*

^$ 22,102

1230 Irolo Street, Los Angeles, CA 90006 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $3,200,000. This 7,430 square foot home was built in 1903 on a lot size of 0.27.

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.

Multi-Family Active

Price

^$ 3,200,000

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.27

Year Built

1903

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026104463

Features

General

Living Area 7430

Heating Wall Furnace

Zoning LAR3

Year Built 1903

Levels Two

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area C17 - Mid-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 11831

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Total Stories 2

Heating Y/N true

Total Baths 0

Exterior

Parking Features Assigned Driveway

Lot Size Area 11831

Building Area Total 7430

Lot Dimensions 46x128

Lot Size Acres 0.27

* Excluded Features

List By

Yun Young Kwag

Listing Agent

New Star Realty

Broker

yunyoungkwag@gmail.com

Affordability Calculator

$22,102

Per Month

Monthly Principal & Interest: $22,102
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,923,041

Percent of Sale Price 40%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
10/25/2026	$3,200,000		Listed Price

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1230 Irolo Street, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $3,200,000 with 7,430 sqft and a lot size of 0.27. 1230 Irolo Street has 0.0 baths and was built in 1903. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/30/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1230 Irolo Street

Multi-Family Home for sale in Los Angeles, CA

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