3249 E 4th
Los Angeles, CA 90063
8
Bed
4
Bath
3,288Sqft
4,975Sqft(Lot)
Exceptional 4-UNIT BOYLE HEIGHTS INVESTMENT — $985,000 / APPROX. $299 PER SF and just $246,250 per existing unit! There is potential for 46% more gross rental income and 7.0% stabilized cap at the $985K asking price. Current rents totaling approximately $4,767.80 per month with upside to $8,800 per month. That increases the gross scheduled rent ($57,214 annual to approximately $105,600 annual. An increase of roughly $48,386 annually. The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 1
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4 -
Interior Features
AllBedroomsDownLaundry Features: Inside -
Heating & Cooling
Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1963Stories: 1Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 4975 Lot Size Acres: 0.1142 Lot Size Source: Assessor Lot Size Square Feet: 4,975 Lot Description: ZeroToOneUnitAcre,Paved
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Listing Price Information
Listing Price: $985000Cash, CashToNewLoan, Conventional, Exchange1031
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Tax Information
Parcel Number: 5179011023 Tax Lot: 69
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Parking Information
Parking Total: 3Garage Information
Has Garage: Yes Garage Space: 3
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Location Information
Direction: From CA-60 take Euclid exit, North to E 4th St, right onto E 4th st WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1566 Rollins, Los Angeles, CA, 90063 | $750,000 | 8 | 4 | 1,820 | 5,661 Sqft |
| 1451 Volney Drive, Los Angeles, CA, 90063 | $849,999 | 3 | 2 | 1,568 | 5,328 Sqft |
| 1521 Helen Dr, Los Angeles, CA, 90063 | $699,000 | 4 | 2 | 978 | 4,180 Sqft |
| 801 N Marianna Avenue, Los Angeles, CA, 90063 | $1,100,000 | 2 | 2 | 1,920 | 4,657 Sqft |
| 801 N Marianna, Los Angeles, CA, 90063 | $1,100,000 | 3 | 3 | -- | 4,657 Sqft |
| 4160 Folsom Street, Los Angeles, CA, 90063 | $670,000 | 2 | 1 | 786 | 6,513 Sqft |
| 1182 N Bonnie Beach, Los Angeles, CA, 90063 | $550,000 | 3 | 2 | 968 | 5,965 Sqft |
| 3934 Snow Drive, Los Angeles, CA, 90063 | $1,443,800 | 5 | 3 | 2,007 | 5,329 Sqft |
| 4126 E 1st, Los Angeles, CA, 90063 | $729,000 | 3 | 1 | 1,025 | 5,478 Sqft |
| 1504 Attridge Avenue, Los Angeles, CA, 90063 | $695,000 | 3 | 3 | 1,365 | 5,411 Sqft |
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ByOwner last updated this listing 09/09/2026 @ 23:13
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