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

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Sharlotte Blake

sharlotteblake@me.com +1(323) 219-1101

$3,888,000

Est. payment - /mo

20 Beds

22 Baths

12,776 SqFt

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UPDATED:

11/12/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,776 sqft

Price per Sqft $304

MLS Listing ID 24-457563

Style Low Rise

Bedrooms 20

Construction Status Updated/Remodeled

Year Built 1963

Lot Size 9,015 Sqft

Acres 0.207

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 Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window, Ceiling Fan

Flooring Laminate, Tile

Equipment Range/Oven, Washer, Dryer

Laundry In Unit

Exterior

Garage Assigned

Garage Spaces 21.0

Pool None

View Y/N Yes

View City Lights, Trees/Woods

Building

Story 3

Architectural Style Low Rise

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

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Sharlotte Blake

+1(323) 219-1101

Broker Associate | License ID: 02035876

Broker Associate License ID: 02035876

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Los Angeles, CA

4171 W 4th St Los Angeles, CA 90020

Sharlotte Blake

Sharlotte Blake

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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4171 W 4th St