1344 W 4th Street, Los Angeles, CA 90017
- 7,700 sqft
other
Built in 1922
5,415sqft lot
—— car garage
$578/sqft
Listed 14 days ago
Property 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 steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.
- Listing Status:
- Active
- Date Added:
- May 6, 2026
- Data Last Updated:
- May 20, 2026 at 7:06AM
- Listing Office:
- Global Platinum Properties, Inc. : 424-394-1030
- Listing Agent:
- Armin Soleimani : 310-666-2246
- MLS ID:
- CL26830501
- Parking: None
- County: Los Angeles
- Zoning: LACW5152003013
This listing courtesy of Armin Soleimani , Global Platinum Properties, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $






