Skip To Content

4171 W 4th Street

Los Angeles (City), CA 90020
  • $3,599,000
  • STATUS: Active
  • ON SITE: 134 Days
  • ID#: 24457563
$3,599,000
  • 20
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,776
    SQFT
  • $282
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Sunhee Kilmer of Keller Williams Beverly Hills (310-432-6400)


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. Units are equipped with refrigerator, laminate flooring, many windows for natural light and balcony or common balcony. Excellent City or street views from the upstairs units. The Exterior is just freshly painted. Recent Intensive Upgrades include Earthquake Retrofit, replacing sewer lines, new doors at the two entrance, adding 5 more parking spaces and meticulous renovations in 4 units with modern kitchens and nice finishes. New A/C for 6 units, Stoves for 8 units, and Stacked Laundry for 4 Units were installed in units. 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 a storage (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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/157512181
Print Image

4171 W 4th Street Los Angeles (City), CA 90020

  • Price: $3,599,000
  • Status: Active
  • On Site: 134 Days
  • ID#: 24457563
20
Beds
0
Baths
0
½ Baths
0.21
Acres
12,776
SQFT
$282
$/SQFT
1963
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property 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. Units are equipped with refrigerator, laminate flooring, many windows for natural light and balcony or common balcony. Excellent City or street views from the upstairs units. The Exterior is just freshly painted. Recent Intensive Upgrades include Earthquake Retrofit, replacing sewer lines, new doors at the two entrance, adding 5 more parking spaces and meticulous renovations in 4 units with modern kitchens and nice finishes. New A/C for 6 units, Stoves for 8 units, and Stacked Laundry for 4 Units were installed in units. 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 a storage (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.
Exterior Features

Open Parking Spaces 13 Parking Features Assigned Parking Total 21 Pool Features None Pool Private YN No View City LightsTrees/Woods View YN Yes

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes Flooring CarpetLaminateTile Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.72 Garage YN Yes Gross Income 283002 Laundry Features See Remarks Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 206054 New Construction YN No Property Condition Updated/Remodeled Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373574160-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373574160-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373574160-2.jpg
Logo
Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Sunhee Kilmer of Keller Williams Beverly Hills (310-432-6400)