3249 E 4th Street
Los Angeles, CA 90063
8
Bed
4
Bath
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 from $57,214/year to approximately $105,600/year, 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 10
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1963Building Area Total: 3288Stories: 2Pool Features: NonePrivate Pool: No
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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
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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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Virtual Tour
Parking Information
Parking Total: 3 GarageGarage Information
Has Garage: Yes Garage Space: 3
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Location Information
Direction: North on Euclid Ave/Lorena St Right on 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 | 3 | -- | 5,661 Sqft |
| 1226 Van Pelt Avenue, Los Angeles, CA, 90063 | $900,000 | 4 | 3 | -- | 4,450 Sqft |
| 4227 E Cesar E Chavez, Los Angeles, CA, 90063 | $660,000 | 2 | 2 | 1,510 | 5,591 Sqft |
| 4227 E Cesar E Chavez, Los Angeles, CA, 90063 | $660,000 | 2 | 2 | 1,510 | 5,591 Sqft |
| 4126 Fisher, Los Angeles, CA, 90063 | $455,000 | 1 | 2 | -- | 5,679 Sqft |
| 1074 N Bonnie Beach Place, Los Angeles, CA, 90063 | $695,500 | 4 | 2 | -- | 5,822 Sqft |
| 1504 Attridge Avenue, Los Angeles, CA, 90063 | $695,000 | 3 | 3 | -- | 5,411 Sqft |
| 1041 Geraghty, Los Angeles, CA, 90063 | $800,000 | 3 | 2 | -- | 5,403 Sqft |
| 3656 Pomeroy Street, Los Angeles, CA, 90063 | $825,000 | 3 | 2 | 1,680 | 4,658 Sqft |
| 3656 Pomeroy Street, Los Angeles, CA, 90063 | $825,000 | 3 | 2 | -- | 4,658 Sqft |
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Nearby For Sale
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ByOwner last updated this listing 09/10/2026 @ 22:29
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