Active

4171 W 4th St

Los Angeles CA, 90020

$3,790,000


$296.65 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. Units are equipped with 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, adding 5 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. 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 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, 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

December 6, 2024

Updated

Map

4171 W 4th St
Los Angeles CA, 90020

Interior Features

Total Stories

3


Bedrooms

20


Total Bathrooms

22


Appliances

Range/Oven


Laundry Description

In Unit, Other


Floor Description

Laminate, Tile, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


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

32


Garage

Yes


Garage Spaces

8


Parking

Assigned


Parking Total

21


View

Yes


View Description

City Lights, Trees/Woods


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR3

Listing History

Date

Event

Price

12/6/2024

Price change

$3,790,000

-3%

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 Beachrock Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/6/2024

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