1344 W 4th Street
Los Angeles, CA 90017
0
Bed
20
Bath
7,700Sqft
5,414Sqft(Lot)
Huge 500k Price Reduction! Renovated 20-unit apartment building cash flowing at an amazing Current 9% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 11.3% Cap Rate after taking into account all constructions costs (~322k assuming $350/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Almost every single unit (95%) has been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers an on-site laundry room, which could be re-opened to generate additional income. Located in the heart of Westlake, just steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area su
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
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Heating & Cooling
Has Heating: Yes Heating: WallFurnace
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Building Information
Year Built: 1922Building Area Total: 7700Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 5414 Lot Size Acres: 0.1243 Lot Size Square Feet: 5,414
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Listing Price Information
Listing Price: $3995000Original Price: $4250000
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Tax Information
Parcel Number: 5152003013
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Virtual Tour
Parking Information
None
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Location Information
Direction: West of Bixel, East of Lucas
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 801 S Grand #1611, Los Angeles, CA, 90017 | $749,000 | 2 | 2 | 1,580 | 1,580 SqFt |
| 410 Witmer Street, Los Angeles, CA, 90017 | $1,895,000 | -- | 20 | 7,999 | 7,999 SqFt |
| 318 Columbia Avenue, Los Angeles, CA, 90017 | $2,250,000 | 11 | 8 | 4,444 | 4,444 SqFt |
| 401 Witmer Street, Los Angeles, CA, 90017 | $3,150,000 | 6 | -- | 8,776 | 8,776 SqFt |
| 1100 Wilshire Boulevard.., Los Angeles, CA, 90017 | $465,000 | 1 | 1 | 680 | 680 SqFt |
| 877 Francisco Street #1.., Los Angeles, CA, 90017 | $775,000 | 1 | 2 | 975 | 975 SqFt |
| 517 Loma, Los Angeles, CA, 90017 | $3,200,000 | -- | -- | 8,704 | 8,704 SqFt |
| 889 Francisco Street #3.., Los Angeles, CA, 90017 | $498,000 | -- | 1 | 480 | 480 SqFt |
| 1311 Ingraham Street, Los Angeles, CA, 90017 | $1,750,000 | 1 | -- | 10,380 | 10,380 SqFt |
| 767 Garland Avenue, Los Angeles, CA, 90017 | $1,000,000 | 5 | 2 | 4,410 | 4,410 SqFt |
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ByOwner last updated this listing 08/11/2026 @ 12:42
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