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

Los Angeles, CA, 90017
$ 4,449,000
Baths4.0 Sq 7,700

Monthly Estimate*

$ 27,393

Listed by Global Platinum Properties, Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,449,000 with 4 full baths. This 7,700 square foot home was built in 1922 on a lot size of 0.1243.

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

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1243

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26830501

Days on Market

15

Features
General
Living Area 7700
Heating Wall Furnace
Zoning LACW
Year Built 1922
Stories Count 2
Levels Two
Gross Income 479588
County Los Angeles
Net Operating Income 359986
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of Bixel East of Lucas
City Los Angeles
Senior Community Y/N false
Number Of Units Total 20
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 5414
Standard Status Active
Cap Rate 8
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Interior
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 20
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Exterior
Parking Features None
Total Parking 0
Lot Size Area 5414
Number of Buildings 1
Building Area Total 7700
Lot Size Acres 0.1243
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* Excluded Features
List By
Global Platinum Properties, Inc.

Broker

arminsoleimani@gmail.com

Email

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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$4,449,000 Listed Price

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1344 W 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 0.1243. 1344 W 4th Street is a studio with 4.0 baths and was built in 1922. The property's zip code is 90017 which is in Los Angeles, CA