Active
4171 W 4th St
Los Angeles CA, 90020
$3,888,000
$304.32 per sqft
Active
20 Beds
22 Baths
12,776 sqft
Multi-family
Built in 1963
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.
24-457563
MLSⓇ ID
November 4, 2024
Listed
November 12, 2024
Updated
Map
4171 W 4th St
Los Angeles CA, 90020
Interior Features
Total Stories
3
Bedrooms
20
Total Bathrooms
22
Appliances
Range/Oven, Washer, Dryer
Laundry Description
In Unit
Floor Description
Laminate, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window, Ceiling Fan
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.21 Acres
Architectual Style
Low Rise
Other Property Details
Area Name
Mid-Wilshire
Days on Market
8
Garage
Yes
Garage Spaces
5
Parking
Assigned
Parking Total
21
View
Yes
View Description
City Lights, Trees/Woods
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Sunhee Kilmer with Keller Williams Beverly Hills
Listing Contact: 213-273-6559
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Vinnie Park | CA DRE# 02015848 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 11/12/2024