1344 West 4th Street Los Angeles, CA $ 4,449,000
1344 West 4th Street
$ 4,449,000
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1344 West 4th Street

Los Angeles, CA, 90017
$ 4,449,000
Baths0.0 Sq 7,700

Monthly Estimate*

$ 27,393

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,449,000. This 7,700 square foot home was built in 1922 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 4,449,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026830501

Features
General
Living Area 7700.0
Sewer None
Heating Wall Furnace
Zoning LACW
Year Built 1922
Levels Two
County Los Angeles
Net Operating Income 359986.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 5414.0
Standard Status Active
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Exterior
Lot Size Area 5414.0
Pool Y/N? Yes
Building Area Total 7700.0
Lot Size Acres 0.12
Land Lease Type Fee
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Interior
Total Stories 2
Heating Y/N Yes
Total Baths 20
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* Excluded Features
List By
Armin Soleimani

Listing Agent

Global Platinum Properties, Inc.

Broker

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$27,393
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Monthly Principal & Interest
$27,393
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$4,449,000 Listed Price

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1344 West 4th Street, Los Angeles, CA, 90017 is a Multi-Family Home for sale at $4,449,000 with 7,700 sqft and a lot size of 0.12. 1344 West 4th Street is a studio with 0.0 baths and was built in 1922. The property's zip code is 90017 which is in Los Angeles, CA