1344 W 4th Street, Los Angeles, CA 90017
Local realty services provided by:ERA North Orange County Real Estate
1344 W 4th Street,Los Angeles, CA 90017
$4,449,000
- - Beds
- 20 Baths
- 7,700 sq. ft.
- Multi-family
- Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26830501
Source:CRMLS
Price summary
- Price:$4,449,000
- Price per sq. ft.:$577.79
About this home
Renovated 20-unit apartment building cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 10% Cap Rate after taking into account all constructions costs (~312k assuming $340/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Almost every single unit (95%) has been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers an on-site laundry room, which could be re-opened to generate additional income. Located in the heart of Westlake, just steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.
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Home facts
- Year built:1922
- Listing ID #:26830501
- Added:1 day(s) ago
- Updated:May 08, 2026 at 01:28 PM
Rooms and interior
- Total bathrooms:20
- Living area:7,700 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1922
- Building area:7,700 sq. ft.
- Lot area:0.12 Acres
- Levels:2 Story
Finances and disclosures
- Price:$4,449,000
- Price per sq. ft.:$577.79
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