4171 W 4th Street
Los Angeles, CA, 90020
$3,599,000
Beds
0 Baths
SqFt
0.21 Acres
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Exceptional Investment opportunity with 12-Unit Apartment in the convenient Wilshire Center neighborhood. The Prime location of Korea-town with GRM 12.31 and CAP 5.98. It is fully occupied and one unit will be vacant in Apr, 2025. You can get quality tenants easily from many offices on Wilshire Blvd and restaurants/cafes form 6th ST. Panoramic City Views from the balconies 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. Upgrades include Earthquake Retrofit, replacing sewer lines, copper plumbing pipes and new entrance doors. Meticulous renovations in 4 units with modern kitchens and nice finishes. New A/C for 6 units, new stoves for 8 units, and Stacked Laundry for 4 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 a quiet corner at 4th St and Oxford 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 is in close proximate to Hancock Park, Larchmont Village, Hollywood, DTLA, and offers easy access to Fwy 101.

Property Details

Price:
$3,599,000
MLS #:
24457563
Status:
Active
Baths:
0
Address:
4171 W 4th Street
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Nov 4, 2024
State:
CA
ZIP:
90020
Lot Size:
9,015 sqft / 0.21 acres (approx)
Year Built:
1963
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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

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Community

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4171 W 4th Street
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