3321 Council Street Los Angeles, CA ^$ 1,100,000

3321 Council Street

^$ 1,100,000

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3321 Council Street

Los Angeles, CA, 90026

^$ 1,100,000

Studio Baths1.0 Sq 2,167

Monthly Estimate*

^$ 6,946

Listed by Keller Williams Realty

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,100,000 with 1 full bath. This 2,167 square foot home was built in 1941 on a lot size of 0.1155.

Exceptional investment opportunity in the highly desirable Westlake neighborhood of Los Angeles. Two separate units with individual addresses and a shared courtyard. This well-maintained four-unit income property offers investors the perfect combination of strong rental demand, stable cash flow, and long-term appreciation potential. Situated in one of Los Angeles' most centrally located communities, the property provides convenient access to Downtown LA, Koreatown, Echo Park, Silver Lake, major freeways, public transportation, shopping, dining, and entertainment. Whether you're expanding your investment portfolio or seeking an owner-user opportunity, this property delivers outstanding versatility and value. Don't miss your chance to own a quality multi-family asset in the vibrant Westlake community. A rare opportunity with income-producing potential and long-term growth in a prime Los Angeles location.

Multi-Family Active

Price

^$ 1,100,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1155

Year Built

1941

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

P127939

Days on Market

Features

General

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Appliances Gas Range Gas Water Heater

HOA Fee 0

Garage Spaces 4

Pool Features None

Year Built 1941

View None

Gross Income 48888

Community Features Sidewalks

County Los Angeles

Net Operating Income 45888

Operating Expense 3000

Insurance Expense 2494

Property Type Residential Income

Subdivision Name Other

Garage Y/N true

Special Listing Conditions Trust

Status Active

Directions US-101 N / right onto N Broadway / right to merge onto US-101 N toward I-110 N / US-101 N to Silver Lake Blvd. / Take exit 5B from US-101 N / Merge onto US-101 N / Take exit 5B for Silver Lake Blvd / Silver Lake Blvd. Take W Temple St to Council St

City Los Angeles

Senior Community Y/N false

Number Of Units Total 4

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units Square Feet

Lot Size Square Feet 5031

Number of Units Leased 4

Listing Terms 1031 Exchange

Spa Features None

Property Attached Y/N true

Land Lease Y/N false

Trash Expense 0

Rent Control Y/N true

Standard Status Active

Year Built Source Public Records

Tax Lot 14

Total Actual Rent 4074

Expected Active Date 2026-07-09

Interior

Flooring Carpet Laminate Wood

Fireplace Features None

Common Walls 2+ Common Walls 1 Common Wall No One Above No One Below

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Laundry Features None

Total Baths 0

Exterior

Fencing Good Condition

Parking Features Assigned Garage

Lot Features Sprinklers None

Total Parking 0

Lot Size Area 5031

Number of Buildings 2

Spa false

Building Area Total 2167

Lot Size Acres 0.1155

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Keller Williams Realty

Broker

denise@soldbyparsons.com

Affordability Calculator

$6,946

Per Month

Monthly Principal & Interest: $6,946
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,855,685

Percent of Sale Price 69%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/19/2026	$1,100,000	-8.33%	Price Down
7/9/2026	$1,200,000		Listed Price

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3321 Council Street, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $1,100,000 with 2,167 sqft and a lot size of 0.1155. 3321 Council Street is a studio with 1.0 baths and was built in 1941. The property's zip code is 90026 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/28/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3321 Council Street

Multi-Family Home for sale in Los Angeles, CA

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