Date
Details
Price
Change
Source
5/27/2026
Listed
$5,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$5,299,000
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1/18
Property Description
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 Loyola 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 9.00% cash-on-cash return based on in-place numbers. JNM Realty manages over 3,500 properties in Los Angeles and Orange County and is available to manage this asset for buyers. All offers are encouraged.
Full Property Details
Full Property Details for 681 Shatto Pl
General
- Price: $5,299,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26839817
- Updated: 6/3/2026
- Added to Site: 10 day(s) ago
Interior
- Cooking Appliances: Range, Oven-Gas
Rooms
Bathrooms
- Total Bathrooms: 30
Other Rooms
- Laundry: Community
Additional Information
- Security/Safety: Card/Code Access, Gated
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Mid-Wilshire
- County: Los Angeles
- Driving Directions: Take the 10 Freeway, exit Vermont AVe going north. Make a right on Wilshire Blvd, right on Shatto Pl.
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 3
- Square Feet: 24,642
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1923
- Year Built Source: Assessor
Unit Information
- Units in Complex: 30
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.247
- Lot Size: 10759
- Lot Size Source: Assessor
- Zoning: LAR5
Financial Considerations
- Price Per Sq. Ft.: $215.04
- Assessment Year: 1923
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5077-010-010
Listed by JNM Realty, INC., Demis Dokhanian
We Value Your Privacy
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Listing agent
— 681 Shatto Pl —
Demis Dokhanian
JNM Realty, INC.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 681 Shatto Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Rfk Community Schools-New Open World Academy K-12 3201 W. Eighth St., Los Angeles, CA 90010 | K-8 | 0.4 mi |
UCLA Community School 700 South Mariposa Avenue, Los Angeles, CA 90005 | 9-12 | 0.4 mi |
Rfk Community Schools - Ambassador School - Global Education 3201 West 8th Street, Los Angeles, CA 90005 | K-5 | 0.4 mi |
Young Oak Kim Academy 615 Shatto Place, Los Angeles, CA 90005 | 6-8 | 0.2 mi |
Rfk Community Schools-Ambassador-Global Leadership 701 South Catalina Street, Los Angeles, CA 90005 | 6-8 | 0.4 mi |
Rfk Community Schools-Los Angeles High School Of The Arts 701 South Catalina Street, Los Angeles, CA 90005 | 9-12 | 0.4 mi |
Rfk Community Schools- For The Visual Arts And Humanities 701 South Catalina Street, Los Angeles, CA 90005 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 681 Shatto Pl
Tax History
Tax History for 681 Shatto Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$48,211
4%
$3,785,821
4%
2023
$46,553
5%
$3,638,814
2%
2022
$44,463
2%
$3,567,465
2%
2021
$43,797
-1%
$3,497,516
1%
2020
$44,214
4%
$3,461,654
2%
2019
$42,525
1%
$3,393,780
2%
2018
$42,308
2%
$3,327,236
2%
2017
$41,376
3%
$3,261,997
2%
2016
$40,206
1%
$3,198,037
2%
2015
$39,639
280%
$3,150,000
373%
2014
$10,430
—
$666,432
—
2013
$10,425
—
$663,421
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 681 Shatto Pl
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- Single Family
- Active
- Updated 9 hours ago
- 3Beds
- 2Total Baths
- 1,525Sq. Ft.
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- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,204Sq. Ft.
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681 Shatto Pl, Los Angeles, CA 90005 (MLS# 26839817) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 681 Shatto Pl is currently listed for $5,299,000 and was received on May 27, 2026. Want to learn more about 681 Shatto Pl? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.