4171 W 4th Street Active

Los Angeles,CA 90020

$ 3450000

- Bed

0 Bath

12776 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 12,776 sqft

Price per Sqft $270

MLS Listing ID CL25533185

HOA Y/N No

Year Built 1963

Lot Size 9,015 Sqft

Acres 0.21

Property Sub-Type Other

Property Description

GRM 11.87 and CAP 6.2 in the Prime location of Korea-town. This 12-Unit Apartment is fully occupied including one owner use unit. Exceptional Investment opportunity in the convenient Wilshire Center neighborhood. You can get quality tenants easily from many offices on Wilshire Blvd and restaurants/cafes form 6th ST. Panoramic City Views and many windows for natural light and airy interior. This consists of 9 Units of 2B/2B, 2 Units of 1B/1B and 1 Unit of Single. Extra potential income for a storage. Upgrades include Earthquake Retrofit, replacing sewer lines, copper plumbing pipes and new entrance doors. Renovations in 5 units with modern kitchens and nice finishes. New A/C for 6 units, new stoves for 8 units, and Stacked Laundry for 5 Units were installed in units. Units are equipped with refrigerator and laminate flooring. The Exterior is just freshly painted. 21 parking spaces with 10 CCTV security and a storage (extra income) are offered. Separate gas and electric meters. Built in 1963, this well-maintained 3-story property sits on the corner at 4th St and Oxford Ave. This is a prime rental area of Los Angeles teeming with businesses, markets, restaurants, schools, shopping, theaters, and convenient access to Metro and Bus stations. Close proximate to Hancock Park, Larchmont

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate,Tile,Carpet

Fireplace No

Laundry See Remarks

Exterior

View Y/N true

View City Lights,Trees/Woods

Building

New Construction No

Others

Tax ID 5503004001

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