1206 Irolo Street, Los Angeles, CA 90006
Local realty services provided by:CENTURY 21 Sierra Properties
1206 Irolo Street,Los Angeles, CA 90006
$1,375,000
- 8 Beds
- - Baths
- 4,214 sq. ft.
- Multi-family
- Active
Listed by: soon hee lee
Office: landpac properties
MLS#:CL26844939
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,375,000
- Price per sq. ft.:$326.29
About this home
Located in the heart of Los Angeles, 1206 Irolo Street presents a rare opportunity to acquire a meticulously maintained and extensively renovated four-unit apartment property in a highly desirable rental market. The current owner purchased the property in 2004 and invested nearly two years in a comprehensive renovation project. While preserving the original structural framework, the building was substantially rebuilt and modernized, creating a high-quality asset designed for long-term ownership and tenant satisfaction. As part of the renovation, the property was thoughtfully reconfigured from its original five-unit layout into four larger and more functional residences. This redesign enhanced the overall living experience for tenants while improving the property's long-term value and operational efficiency. The building has been exceptionally well maintained throughout ownership and continues to attract and retain quality residents. Each unit is equipped with its own in-unit washer and dryer, an amenity highly valued by today's renters. The property also offers dedicated on-site parking, with one parking space assigned to each one-bedroom unit and two parking spaces assigned to each three-bedroom unit, providing convenience rarely found in comparable properties throughout the area. One of the property's most attractive features is its stable tenant base. The building is occupied by reliable, long-term tenants who have demonstrated a consistent history of timely rent payments, creating dependable cash flow and minimizing management concerns for future ownership. Ideally situated near Koreatown and Downtown Los Angeles, the property benefits from easy access to major employment centers, public transportation, shopping, dining, and entertainment. This prime location, combined with the property's extensive renovation history, desirable unit amenities, dedicated parking, and strong tenant profile, makes this Fourplex an exceptional turnkey investment opportunity with both immediate income and long-term upside potential....
Contact an agent
Home facts
- Year built:1922
- Listing ID #:CL26844939
- Added:99 day(s) ago
- Updated:September 16, 2026 at 02:39 PM
Rooms and interior
- Bedrooms:8
- Living area:4,214 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1922
- Building area:4,214 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,375,000
- Price per sq. ft.:$326.29
Parking
- Parking description:Uncovered Parking Space
New listings near 1206 Irolo Street
- Coming Soon
$1,089,000Coming Soon4 beds 3 baths2,420 sq. ft.20465 Shamrock Place, Chatsworth, CA 91311
MLS# SR26202495Listed by: PINNACLE ESTATE PROPERTIES - Coming Soon
$995,000Coming Soon4 beds 3 baths1,993 sq. ft.12550 Cantara Street, Los Angeles, CA 91605
MLS# P1-28855Listed by: CHRISTIE'S RE SOCAL - Coming SoonOpen Sat, 2 to 5pm
$1,095,000Coming Soon4 beds 2 baths1,700 sq. ft.9443 Mclennan Avenue, Northridge, CA 91343
MLS# SR26202502Listed by: PINNACLE ESTATE PROPERTIES - Coming SoonOpen Sat, 12 to 4pm
$699,000Coming Soon3 beds 3 baths1,458 sq. ft.14118 W Pine, Van Nuys, CA 91405
MLS# DW26202597Listed by: POPULAR FUNDING & REAL ESTATE - Coming Soon
$1,085,000Coming Soon3 beds 2 baths1,527 sq. ft.7643 Encino Avenue, Northridge, CA 91325
MLS# P1-28853Listed by: DOUGLAS ELLIMAN OF CA INC - Coming Soon
$2,295,000Coming Soon4 beds 3 baths2,351 sq. ft.16706 Alginet Place, Los Angeles, CA 91436
MLS# 26987007Listed by: ESTATE PROPERTIES - Coming Soon
$1,700,000Coming Soon5 beds 5 baths3,026 sq. ft.1900 Taft, Los Angeles, CA 90068
MLS# PV26202418Listed by: MERIT REAL ESTATE - Coming Soon
$1,299,000Coming Soon5 beds 4 baths2,733 sq. ft.20325 Hiawatha Street, Chatsworth, CA 91311
MLS# 226004407Listed by: REAL BROKERAGE TECHNOLOGIES - Coming SoonOpen Sat, 12 to 5pm
$1,048,000Coming Soon6 beds 5 baths2,488 sq. ft.1746 W 38th Place, Los Angeles, CA 90062
MLS# WS26201845Listed by: WETRUST REALTY - Coming Soon
$1,149,000Coming Soon3 beds 2 baths1,881 sq. ft.317 Lois Lane, San Pedro, CA 90732
MLS# SB26185387Listed by: COMPASS