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Listed by: Armin Soleimani (310) 666-2246 DRE #01846872, Julio Ruiz DRE #01911261 | Global Platinum Properties, Inc. (424) 394-1030
$4,449,000
-- Bed
20 Baths
7,700sqft
1344 W 4Th St, Los Angeles, CA 90017
$4,449,000
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Multi Family
Built in 1922
$-- HOA
5,414 sqft lot
$578/sq.ft
Description
Renovated 20-unit apartment building cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 10% Cap Rate after taking into account all constructions costs (~312k assuming $340/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 s...
Continue Reading- Houzeo last checked: 51 Minutes ago
- Listing updated: May 14, 2026 at 7:21 am
- Source: California Regional MLS-CA | MLS#: 26830501
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1922
HOA Fees
-
Finished Area
7,700 sqft
Lot Size
5,414 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26830501
MLS Status
Active
Days on Market
20
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