$4,250,000
-$199,0001344 W 4th Street, Los Angeles CA 90017
Multi-Family (20 Units)
Property type
41 days
On market
$552
Price per sqft
N/A
Garage
1922
Year built
5,414 sqft
Lot size
Open Houses
Overview
Price Reduction! Renovated 20-unit apartment building cash flowing at an amazing Current 8.5% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 10.5% Cap Rate after taking into account all constructions costs (~322k assuming $350/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and...
Listing provided by: Armin Soleimani DRE #01846872 310-666-2246, Global Platinum Properties, Inc., Julio Ruiz DRE #01911261 818-524-0706, Global Platinum Properties, Inc.
Listing updated: Jun 9, 2026 at 07:11pm.
Last checked: Jun 14, 2026 at 05:30pm
Source: CRMLS #26830501
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 0 | 1 | — | $2,134 | $0 | $2,134 | Unfurnished |
| 2 | 0 | 1 | — | $2,134 | $2,196 | $2,134 | Unfurnished |
| 2 | 0 | 1 | — | $2,134 | $2,200 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $2,222 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $1,370 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $2,290 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $2,350 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $1,485 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $2,346 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $2,267 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $2,288 | $2,134 | Unfurnished |
| 2 | 0 | 1 | — | $2,134 | $1,595 | $2,134 | Unfurnished |
| 1 | 0 | 1 | — | $2,134 | $988 | $2,134 | Unfurnished |
# of Buildings: 1
# of Units Total: 20
Financial Snapshot
Gross Rent Multiplier
8.9x
List Price / Annual Gross Rent
Cap Rate
8.5%
NOI / List Price
Net Operating Income: $361,694
Interior
Heating: Wall Furnace
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5152003013
Zoning: LACW
Community
HOA: No
Senior Community: No