$2,250,000

3262 Monette Place Los Angeles, CA 90006

Koreatown Neighborhood

Estimated payment $14,809/month

Total Views 941
12 Beds
12 Baths
7,776 Sq Ft
$289 Price per Sq Ft

About This Home

12-unit multifamily property in the heart of Koreatown located in a Prime Rental area. Walking-distance access to Koreatown's top restaurants, Korean Super Markets, entertainment, and cultural attractions. Great Location & Opportunity for Redevelopment.

Listing Agent

Sun Choi

KORUS Real Estate License #00877392

Co-Listing Agent

Mark Hong

KORUS Real Estate License #01067529

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Interior Spaces

  • 7,776 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Additional Features

  • 0.26 Acre Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 5080-008-005

Community Details

Overview

  • 5 Buildings
  • 12 Units
  • Korus Real Estate Association

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 7776
  • Lot Acreage: 0.2565
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 289.35

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 4580.00
  • Water Expense: 13428.00

Condo/Co-op/Association

  • Management Company: KORUS Real Estate
  • Mgmt Co Phone: 2132519000|

Fee Information

  • Insurance Expense: 9000.00
  • Maintenance Expense: 15850.00

Lot Info

  • Assessed Improvement Percent: 51.02
  • Assessed Improvement Value: 266793
  • Assessed Land Percent: 48.98
  • Assessed Land Value: 256110
  • Total Assessed Value: 522903
  • Assessor Parcel Number: 5080-008-005
  • Lot Size Area: 11174

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.21
  • Number Of Units: 12
  • Total Annual Expense: 52544
  • Type Of Units: 1BD + 1BA
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 7736.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $2,250,000 -- $289 / Sq Ft
Source: The MLS

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See All Homes in Los Angeles

Source: The MLS

MLS Number: 25521663

The MLS

California Los Angeles County Los Angeles 90006 Koreatown

3262 Monette Place, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 3262 Monette Place, Los Angeles, CA 90006 and is currently priced at $2,250,000, approximately $289 per square foot. This property was built in 1922. 3262 Monette Place is a home located in Los Angeles County with nearby schools including Hobart Boulevard Elementary School, Berendo Middle, and Los Angeles Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Sun Choi
Listing Agent
Sun Choi
Section Image
KORUS Real Estate
(213) 610-8000