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Listed by: Nick Astrupgaard (818) 432-1580 DRE #01893466, Rich Johns DRE #01432215 | KW Commercial Studio City (818) 432-1500
$5,195,000
Monthly Est:$25,857
18 Beds
18 Baths
8,678sqft
4203 Council St, Los Angeles, CA 90004
$5,195,000
$25,857/moEst:
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Multi Family
Built in 1923
$-- HOA
7,702 sqft lot
$599/sq.ft
Description
2nd 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. Owners...
Continue Reading- Houzeo last checked: 10 minutes ago
- Listing updated: September 18, 2026 at 7:15 am
- Source: California Regional MLS-CA | MLS#: 26986945
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
8,678 sqft
Lot Size
7,702 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26986945
MLS Status
Active
Days on Market
8
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 18
Bathrooms: 18
Utilities & Energy
Parking Features
On Street
Price History
| Date | Event | Price |
|---|---|---|
09/10/2026 Source: | Listed for Sale | $5,195,000 $599/sqft |
07/07/2026 Source: | Off Market | $5,195,000 -2.44% $599/sqft |
07/07/2026 Source: | Listed for Sale | $5,325,000 $614/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 01:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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