Stacey Alysson Melman

826 S Park View ST Los Angeles CA 90057 MLS #26844241

826 S Park View ST
Los Angeles, CA, 90057
$1,300,000
9 Beds
8 Baths
4,600 SqFt
0.17 Acres
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MLS #26844241 image #0
Rare Opportunity !!! | Fully Renovated high income Unit | Separate Utility Meters | Pro Forma $9,600+/Month. It is very rare opportunity to acquire a high-performing income property in one of Los Angeles’ strongest rental markets. Ideally located near Koreatown, Downtown Los Angeles, and Westlake, 826 S Park View St offers investors a compelling combination of immediate cash flow, recent renovations, and long-term appreciation potential. The property features an attractive unit mix consisting of: Two (2) spacious 2-Bedroom / 2-Bathroom units on the first floor. One (1) extensively renovated 4-Bedroom / 3-Bathroom unit on the second floor featuring brand-new flooring, fresh interior and exterior paint, updated finishes, and a modernized living environment designed to attract quality tenants. Additional attic area currently configured with bonus rooms and a bathroom, providing additional functional space and flexibility. One of the property’s most valuable investment features is that each unit has its own separate gas and electric meter, allowing tenants to pay their own utilities and helping reduce landlord operating expenses while maximizing net income. This is not a heavy value-add project requiring substantial renovation costs. Major improvements have already been completed, allowing investors to focus on income generation from day one. With a Pro Forma Gross Rental Income of approximately $9,600+ per month, the property offers strong cash-flow potential in an area where rental demand continues to outpace supply. Situated just minutes from Koreatown, Downtown LA, Metro stations, major employment centers, restaurants, shopping, and entertainment, the property benefits from a consistently strong tenant pool and historically low vacancy rates. Whether you are a first-time investor, a 1031 exchange buyer, or an experienced multifamily operator seeking stable income and future appreciation, this property checks all the boxes.
AGENT: Jonghyeok Choi
LISTING BROKERAGE: Jonghyeok Choi
826 S Park View ST
Los Angeles, CA

Property Details

Price:
$1,300,000
MLS #:
26844241
Status:
Active
Beds:
9
Baths:
8
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Jun 8, 2026
Finished Sq Ft:
4,600
Total Sq Ft:
4,600
Lot Size:
7,486 sqft / 0.17 acres (approx)
See RemarksC42 – Downtown L.a.C42downtownla
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Schools

Interior

Appliances
DW, MW, RF
Flooring
LAM, WOOD
Heating
WL
Laundry Features
DINC, WINC
Levels
S

Exterior

Architectural Style
SEE
Parking Spots
8
Parking Total
8

Financial

Gross Operating Income
$115,200
Net Operating Income
$102,000

Map

Community

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