Multi-Family for sale in Southern California — $4,250,000. 0 beds · 20 baths · 7,700 sqft. 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 in…
$4,250,000
1344 W 4th Street, Los Angeles, CA 90017
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 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 updated: July 17, 2026 at 12:18 AM
Listed by: Julio Ruiz, Global Platinum Properties, Inc.
Source: CRMLS, MLS#: 26858143, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
7/09/2026 Source: CRMLS, #26858143 | Listed for sale | $4,250,000$552/sqft |
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