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1344 W 4th St
Los Angeles, CA 90017 City West

$4,250,000 USD

Apartments For Sale  •  16,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,700 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1922
  • Cap Rate 8.50 %
  • Zoning CW, Los Angeles
100 Transit Score
80 Walk Score

Highlights

Existing 8.5% Cap Rate from day 1 with upside to 10.5% on Proforma
Renovated 20-unit multifamily building totaling 7,700 gross square feet in Los Angeles
4 Ready-to-Issue (RTI) Attached ADUs — construction-ready with permits approved
Proforma total investment of $4,572,800 (including $322,000 for ADU construction at $350/SF)

Property Flyers

Cap Rate: 8.50 %

Amenities

  • Laundry Facilities
  • Heating
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.2 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 2.2 mi
Transit/SubwayDriveWalkDistance
7th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Bob Hope 25 min - 14.2 mi
Los Angeles International 26 min - 17.9 mi
Long Beach (Daugherty Field) 32 min - 22.9 mi
Armin Soleimani 310-666-2246 Global Platinum Properties
Armin Soleimani 310-666-2246 Global Platinum Properties