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4203 Council Street, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:CENTURY 21 Coastal Properties
4203 Council Street,Los Angeles, CA 90004
$5,095,000
  • 18 Beds
  • 18 Baths
  • 8,678 sq. ft.
  • Multi-family
  • Active
Listed by: nick astrupgaard, rich johns
Office: kw commercial studio city818-432-1500
MLS#:26105933
Source:CRMLS

Price summary

  • Price:$5,095,000
  • Price per sq. ft.:$587.12

About this home

3rd Price Reduction! Fully renovated 18-unit apartment building delivering an attractive 8% Cap Rate from day one. This offering provides investors with the opportunity to acquire a turnkey, premium asset with strong in-place income. 16 fully renovated units from the studs in 2023 with permits, along with 2 brand-new detached ADUs (Not subject to RSO) constructed in 2024. The unit mix includes eighteen (18) spacious and well-designed one-bedroom, one-bathroom apartments totaling approximately 8,677 square feet of improvements on a 7,700 square foot LAR3-zoned lot. The property is separately metered for gas and electricity to further minimize the operating expenses. Ownership has completed a comprehensive, permitted renovation, including a new roof, upgraded plumbing and electrical systems, new panel and wiring, updated HVAC systems, and new windows throughout. Interiors feature new wood flooring, modern lighting, and fully upgraded kitchens and bathrooms with new cabinetry,...

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Home facts

  • Year built:1923
  • Listing ID #:26105933
  • Added:2 day(s) ago
  • Updated:November 05, 2026 at 12:00 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:18
  • Living area:8,678 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:8,678 sq. ft.
  • Lot area:0.18 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,095,000
  • Price per sq. ft.:$587.12

Parking

  • Parking description:On Street
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 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, 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: Jennette Toderick

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