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681 Shatto Place, Los Angeles, CA 90005

Los Angeles
Local realty services provided by:CENTURY 21 Allstars
681 Shatto Place,Los Angeles, CA 90005
$5,299,000
  • - Beds
  • 30 Baths
  • 24,642 sq. ft.
  • Multi-family
  • Active
Listed by: demis dokhanian
Office: jnm realty, inc.310-746-5923
MLS#:26839817
Source:CRMLS

Price summary

  • Price:$5,299,000
  • Price per sq. ft.:$215.04

About this home

JNM Realty proudly presents, on an exclusive basis, 681 Shatto Pl, an extremely well-managed and maintained thirty (30) unit, non-brick apartment building in the heart of Koreatown, one (1) block from the brand new Wilshire/Vermont Metro Station and across the street from Southwestern Law School. The property features twenty-four (24) large Studio units and six (6) 1-bedroom/one-bathroom units. Twenty-four (24) units are renovated and there is over 45% potential upside for non-renovated units. Renovated units feature new kitchens, flooring, electrical systems, and new appliances. Five (5) units will be delivered vacant at close. The property has been excellently maintained over the past 12 years, resulting in an easy-to-manage tenant base and quality finishes on capital expenditures and unit renovations. The opportunity offers an astounding 6.92% going-in cap rate and only $215/sqft with 45% upside potential for non-renovated units. With the proper financing, a buyer could achieve a...

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Home facts

  • Year built:1923
  • Listing ID #:26839817
  • Added:57 day(s) ago
  • Updated:July 31, 2026 at 11:07 AM

Rooms and interior

  • Total bathrooms:30
  • Kitchen Description:Gas Oven, Range
  • Living area:24,642 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:24,642 sq. ft.
  • Lot area:0.25 Acres

Finances and disclosures

  • Price:$5,299,000
  • Price per sq. ft.:$215.04
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Allstars is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Allstars, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Joseph Villaescusa

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