4651 Council Street, Los Angeles, CA 90004

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
4651 Council Street,Los Angeles, CA 90004
$2,500,000
  • 12 Beds
  • 11 Baths
  • 7,444 sq. ft.
  • Multi-family
  • Active
Listed by:neema ahadian
Office:marcus & millichap
MLS#:25556547
Source:CRMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$335.84

About this home

We are pleased to present a seven-unit investment opportunity in Koreatown at 4651 Council St, a corner lot just south of Beverly Blvd. The property features an ideal unit mix of two one-bedrooms and five two-bedrooms with 10 parking spaces; the soft story retrofit work has been completed. Ownership has completed full renovations of five units with upgrades including in-unit washers & dryers, vinyl plank flooring, stainless steel appliances, new kitchen cabinets and tile backsplashes, new plumbing fixtures and improvements, new drywall, paint, and base moldings, and energy efficient LED lighting, among others. In addition to interior unit renovations, ownership has recently completed exterior and common area capital expenditures including LED lighting, house panel and subpanel upgrades, new door numbers, new landscaping, and new paint throughout the common areas. Opportunity to acquire an asset with little to no deferred maintenance and strong in-place cash flow at a 5.93% CAP rate

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Home facts

  • Year built:1958
  • Listing ID #:25556547
  • Added:98 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:11
  • Living area:7,444 sq. ft.

Structure and exterior

  • Year built:1958
  • Building area:7,444 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$335.84
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