See Home Value
$1,688,000 - $2,062,000
Property - Off Market

742 Irolo St

Los Angeles, CA 90005
bedrooms
Studio
bathrooms
0 Bath
square feet
5607 Sqft

About This Property

We are proud to present 742 Irolo St. Eight 1 Bedroom + 1 Bathroom apartments in the heart of Koreatown. Countless restaurants, hotels, and entertainment amenities are within short walking distance. Property is also located within a half block from the Wilshire/Normandie Metro station. The lot is zoned LAR4-2 and is designated as TOC Tier 3. This would allow for a developer to build up to  16 units by right or up to 27 units with the TOC bonus (Buyer to Verify). There is an existing garage/carport that could also be used and converted to an ADU (Buyer to Verify). Also value-add opportunity with keeping existing structure and increasing rents over time. Do not disturb tenants, drive by only.

The manager has listed the unit size as 5607 square feet.
Unit Size
5,607Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$334
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Dec 1, 2023 No longer available -
No longer available
Jun 16, 2023 Price Decreased $1,875,000
↓ $125K (6.3%)
Price Decreased
May 10, 2023 Relisted $2,000,000
Relisted
Apr 14, 2023 In contract -
In contract
Apr 14, 2023 Price Increased $2,350,000
↑ $250K (11.9%)
Price Increased
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
12 Beds
-
-
$1,700,000 Feb 13, 2023
-
-
Multifamily
10 Beds
-
-
$1,600,000 Feb 15, 2023
-
-
House
5 Beds
1.5 Baths
3,285 ft²
$533/ft²
$1,750,000 Mar 30, 2023
-
-
House
4 Beds
3 Baths
2,590 ft²
$637/ft²
$1,650,000 May 8, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

742 Irolo Street 742 Irolo Street, Los Angeles, CA 90005
  • 1 Unit for Sale
More about this Building
742 Irolo Street
Want to find out who owns 742 Irolo Street, Los Angeles, CA 90005? Get detailed property transactions here .

About Central LA


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