4051 W 4th St
Los Angeles, CA 90020
A unique opportunity to acquire a sizable multifamily asset in the core of Koreatown.
Sales Price $1,825,000
Beds
8
Baths
8
Home Size
8259 Sq. Ft.
Lot Size
8838 Sq. Ft.
A unique opportunity to acquire a sizable multifamily asset in the core of Koreatown.
Located at 4051 to 4065 West 4th Street, this property is one of the largest 8 unit buildings in the area, offering approximately 13,428 gross building square feet with each one bedroom one bathroom unit exceeding 1,000 square feet. Positioned prominently on the corner of 4th Street and Harvard Boulevard, the building features excellent corner lot curb appeal and strong visibility. The property offers individually metered units, 6 on site parking spaces, and ample street parking for residents and guests. The exterior has been exceptionally well-maintained and includes an upgraded roof, providing peace of mind for incoming ownership. While the exterior has been thoughtfully cared for, the interiors present a compelling value add opportunity combined with below market rents. Investors can capitalize on over 100% rental upside potential in one of Los Angeles' most in-demand rental submarkets, with an attractive current CAP of over 4.6%.
This home located at 4051 W 4th St is currently active and has been available on pardeeproperties.com for 46 days. This property is listed at $1,825,000. It has 8 beds and 8 bathrooms. The property was built in 1927. 4051 W 4th St is in the Mid-Wilshire community of Los Angeles County.
Quick Facts
- 46 days on market
- Built in 1927
- Total parking spaces 6Car
- Driveway
- Community | Mid-Wilshire
- MLS# | 25631725
Features
- None Cooling
- Other Heat
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