4171 W 4th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90020
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,776 sqft
Price per Sqft $296
MLS Listing ID 24457563
Bedrooms 20
Year Built 1963
Lot Size 9,016 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet,Laminate,Tile
Laundry See Remarks
Exterior
Parking Features Assigned
Garage Spaces 8.0
Garage Description 8.0
Pool None
View Y/N Yes
View City Lights,Trees/Woods
Building
Story 3
New Construction No
Others
Special Listing Condition Standard