4171 4th Street, Los Angeles, CA 90020
  • MLS#: 24457563 ( )
  • Street Address: 4171 4th Street
  • Viewed: 1
  • Price: $3,888,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 11
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90020
  • Provided by: Keller Williams Beverly Hills
  • Contact: Sunhee Sunhee
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Proudly presenting an Exceptional Investment opportunity with this beautiful 12 Unit Apartment in the convenient Wilshire Center neighborhood. This apartment consists of 9 Units of 2bed/2bath, 2 Units of 1bed/1bath and 1 Unit of Single. Each unit is equipped with laundry, refrigerator, laminate flooring, many windows for natural light, balcony or common balcony and either City or street views. The Exterior is just freshly painted. Recent Intensive Upgrades include Earthquake Retrofit, replacing sewer lines, new doors at the two entrance areas, adding 2 more parking spaces and meticulous renovations in 4 units with modern kitchens and high quality finishes. New A/C for 6 units, Stoves for 8 units, and Stacked Laundry for 4 Units were installed in units. 4% RSO rent increase is scheduled on 2/1/2025. Given the property is fully occupied, it suggests steady cash flow with potential for rental income growth. 21 parking spaces with 10 CCTV security and 2 Storages (extra income) are offered. Separate gas and electric meters. Built in 1963, this well maintained 3 story property sits on a quiet corner at 4th St and Oxford Ave, just a block East of Western Ave. This is a prime rental area of Los Angeles teeming with countless businesses, markets, restaurants, cafes, schools, banks, shopping, theaters, high rise buildings, and convenient access to Metro and Bus stations. This subject property is in the heart of Koreatown, where you can experience the trendy Korean food and K Pop. This is in close proximate to Hancock Park, Larchmont Village, Hollywood, DTLA, and offers easy access to Fwy 101.
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Features
Building Area Total
  1. 12776.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Flooring
  1. Laminate
  2. Tile
Garage Spaces
  1. 5.00
Heating
  1. Wall Furnace
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Multi/Split
Netoperatingincome
  1. 211100.00
Parcel Number
  1. 5503004001
Parking Features
  1. Assigned
Pool Features
  1. None
Property Condition
  1. Updated/Remodeled
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sourcesystemkey
  1. 24-457563:CLAW
Tenant Pays
  1. Gas
  2. Electricity
  3. Water
  4. Trash Collection
Totalexpenses
  1. 81208.00
Uncovered Spaces
  1. 11.00
View
  1. City Lights
  2. Trees/Woods
Virtual Tour Url
  1. https://youtu.be/Y1oLwmIrYJg?si=jLaovWXEVbWAtJXO
Year Built
  1. 1963
Zoning
  1. LAR3