Homes for sale - 4171 W 4th ST, Los Angeles, CA 90020

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Escrow Joe

escrowjoe@gmail.com +1(909) 557-3802

$ 3,888,000

Est. payment | -/mo

20 Beds

22 Baths

12,776 SqFt

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$ 3,888,000

Est. payment | -/mo

Save

20 Beds

22 Baths

12,776 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,776 sqft

Price per Sqft $304

MLS Listing ID 24457563

Bedrooms 20

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1963

Lot Size 9,016 Sqft

Property Description

Proudly presenting an Exceptional Investment opportunity with this beautiful 12-Unit Apartment in the convenient Wilshire Center neighborhood. This apartment consists of 9 Units of 2bed/2bath, 2 Units of 1bed/1bath and 1 Unit of Single. Each unit is equipped with laundry, refrigerator, laminate flooring, many windows for natural light, balcony or common balcony and either City or street views. The Exterior is just freshly painted. Recent Intensive Upgrades include Earthquake Retrofit, replacing sewer lines, new doors at the two entrance areas, adding 2 more parking spaces and meticulous renovations in 4 units with modern kitchens and high-quality finishes. New A/C for 6 units, Stoves for 8 units, and Stacked Laundry for 4 Units were installed in units. 4% RSO rent increase is scheduled on 2/1/2025. Given the property is fully occupied, it suggests steady cash flow with potential for rental income growth. 21 parking spaces with 10 CCTV security and 2 Storages (extra income) are offered. Separate gas and electric meters. Built in 1963, this well-maintained 3-story property sits on a quiet corner at 4th St and Oxford Ave, just a block East of Western Ave. This is a prime rental area of Los Angeles teeming with countless businesses, markets, restaurants, cafes, schools, banks, shopping, theaters, high-rise buildings, and convenient access to Metro and Bus stations. This subject property is in the heart of Koreatown, where you can experience the trendy Korean food and K-Pop. This is in close proximate to Hancock Park, Larchmont Village, Hollywood, DTLA, and offers easy access to Fwy 101.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Assigned

Garage Spaces 5.0

Garage Description 5.0

Pool None

View Y/N Yes

View City Lights, Trees/Woods

Parking Type Assigned

Total Parking Spaces 21

Private Pool No

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5503004001

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Listed by Sunhee Kilmer • Keller Williams Beverly Hills

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Escrow Joe

Realtor® | Lic# 01332311

escrowjoe@gmail.com

+1(909) 557-3802

611 West Redlands Blvd Suite C, Redlands, CA, 92373

4171 W 4th ST Los Angeles, CA 90020

Escrow Joe

Key Details

Location

Interior

Exterior

Building

Others

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4171 W 4th ST