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1344 W 4th Street, Los Angeles, CA 90017

Los Angeles
Local realty services provided by:CENTURY 21 Epic
1344 W 4th Street,Los Angeles, CA 90017
$3,750,000
  • - Beds
  • 20 Baths
  • 7,700 sq. ft.
  • Multi-family
  • Active
Listed by: julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26924643
Source:CRMLS

Price summary

  • Price:$3,750,000
  • Price per sq. ft.:$487.01

About this home

Huge 750k Price Reduction! Renovated 20-unit apartment building cash flowing at an amazing Current 8.5% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 13.5% 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 surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.

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Home facts

  • Year built:1922
  • Listing ID #:26924643
  • Added:51 day(s) ago
  • Updated:October 21, 2026 at 11:10 AM

Rooms and interior

  • Total bathrooms:20
  • Living area:7,700 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1922
  • Building area:7,700 sq. ft.
  • Lot area:0.12 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$3,750,000
  • Price per sq. ft.:$487.01
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Mike Southwick

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