3249 E 4th, Los Angeles, CA 90063

Los Angeles
Local realty services provided by:ERA Excel Realty
3249 E 4th,Los Angeles, CA 90063
$985,000
  • 8 Beds
  • 4 Baths
  • 3,288 sq. ft.
  • Single family
  • Active
Listed by: brian ngoy
Office: real brokerage technologies619-248-6434
MLS#:WS26189528
Source:CRMLS

Price summary

  • Price:$985,000
  • Price per sq. ft.:$299.57

About this home

Exceptional 4-UNIT BOYLE HEIGHTS INVESTMENT — $985,000 / APPROX. $299 PER SF and just $246,250 per existing unit! There is potential for 46% more gross rental income and 7.0% stabilized cap at the $985K asking price. Current rents totaling approximately $4,767.80 per month with upside to $8,800 per month. That increases the gross scheduled rent ($57,214 annual to approximately $105,600 annual. An increase of roughly $48,386 annually. The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 10.15% cap rate at $985,000. The seller has completed substantial capital improvements during ownership, including a copper plumbing re-pipe approximately six years ago, upgraded electrical...

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Home facts

  • Year built:1963
  • Listing ID #:WS26189528
  • Added:8 day(s) ago
  • Updated:September 06, 2026 at 11:02 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,288 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Year built:1963
  • Building area:3,288 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Paved
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$985,000
  • Price per sq. ft.:$299.57

Features and amenities

  • Laundry features:Inside
  • Amenities:All Bedrooms Down

Parking

  • Total parking spaces:3
  • Garage:Yes
  • Garage spaces:3
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