GRM 11.87 and CAP 6.19 in the Prime location of Korea-town. This 12-Unit Apartment is fully occupied including one owner use unit. Exceptional Investment opportunity in the convenient Wilshire Center neighborhood. You can get quality tenants easily from many offices on Wilshire Blvd and restaurants/cafes form 6th ST. Panoramic City Views and many windows for natural light and airy interior. This consists of 9 Units of 2B/2B, 2 Units of 1B/1B and 1 Unit of Single. Extra potential income for a storage. Upgrades include Earthquake Retrofit, replacing sewer lines, copper plumbing pipes and new entrance doors. Renovations in 5 units with modern kitchens and nice finishes. New A/C for 6 units, new stoves for 8 units, and Stacked Laundry for 5 Units were installed in units. Units are equipped with refrigerator and laminate flooring. The Exterior is just freshly painted. 21 parking spaces with 10 CCTV security and a storage (extra income) are offered. Separate gas and electric meters. Built in 1963, this well-maintained 3-story property sits on the corner at 4th St and Oxford Ave. This is a prime rental area of Los Angeles teeming with businesses, markets, restaurants, schools, shopping, theaters, and convenient access to Metro and Bus stations. Close proximate to Hancock Park, Larchmont Village, Hollywood, DTLA, and offers easy access to Fwy 101. One unit can be shown by appointment.
Property Details
Price:
$3,450,000
MLS #:
25533185
Status:
Active
Baths:
0
Address:
4171 W 4th Street
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
May 1, 2025
State:
CA
ZIP:
90020
Lot Size:
9,015 sqft / 0.21 acres (approx)
Year Built:
1963
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Laminate, Tile, Carpet
Heating
Wall Furnace
Exterior
Garage Spaces
8.00
Parking Features
Assigned
Parking Spots
21.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Stories Total
3
View
City Lights, Trees/ Woods
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address4171 W 4th Street Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90020
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4171 W 4th Street
Los Angeles, CA
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