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4171 W 4Th St, Los Angeles, CA 90020
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4171 W 4Th St Los Angeles, CA 90020

$4,290,000
  • 20 Beds
  • 21 Baths
  • 12,776 Sq.Ft.
For Sale
$4,290,000 Get Pre-Qualified
Map preview of 4171 W 4Th St, Los Angeles, CA 90020

Property Overview: 4171 W 4Th St Los Angeles, CA has 20 bedrooms, 21 bathrooms, 12,776 living square feet and 9,012 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: @ PRIME CORNER LOCATION OF HEART OF KOREATOWN , EARTHQUICK RETROFITTING COMPLETED DECEMBER 2019, 80% COPPER PLUMBING ,NEW WATER HEATER , NEW 8 CCTV , NEW MIRROR FRONT & SIDE DOORS , 10 UNITS ARE PAYING WATER AND TRASH MONTHLY , TENANTS ARE PAYINGEARTHQUICK RETROFITTING OF $38 PER MONTH FOR 240 MONTH FROM JUNE 2022 , AVERAGE SIZE OF 2+2 ARE 1,215 SF , 4 UNITS ARE NICELYREMODELED WITH W/D , 1=2+2 RECENTLY LEASED AT $2,775 AND 1=1+DEN RECENTLY LEASED AT $2,050 ,NICE UNIT MIXED OF 9=2+2 , 2=1+1 , 1=0+1 , AMPLE 21PARKINGS , CURRENT CAP RATE OF 4.33

Listed by Edward Kim | BRE #01245924 | Edward Kim
Last checked: 5 minutes ago | Last updated: March 7th, 2024 | Source CRMLS | DOM: 376
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Home details

Lot Sq. Ft
9,012
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23259597
City
Los Angeles
County
Los Angeles
Time on Site
387 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 9
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.46%
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $191,495
  • Gross Operating Income: $271,495
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4171 W 4Th St

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Property Details for 4171 W 4Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Laminate, Carpet
  • Den
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 21
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 12
  • Parcel Number: 5503004001
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: N.E. CORNER OF OXFORD/4TH STREET
View more facts & features

Local Los Angeles Agent

Sale History for 4171 W 4Th St

Last sold on August 13th, 2020

  • April, 2023

  • Apr 12, 2023

    Date

    Canceled

    CRMLS: 22152511

    $4,450,000

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: 22152511

    $4,558,000

    Price

  • Listing provided courtesy of CRMLS

    @ PRIME CORNER LOCATION OF HEART OF KOREATOWN , EARTHQUICK RETROFITTING COMPLETED RECENTLY , 80% COPPER PLUMBING , NEW WATER HEATER , NEW 8 CCTV , NEW MIRROR FRONT & SIDE DOORS , 10 UNITS ARE PAYING WATER AND TRASH MONTHLY , TENANTS ARE PAYING EARTHQUICK RETROFITTING OF $38 PER MONTH FOR 240 MONTH FROM JUNE 2022 , AVERAGE SIZE OF 2+2 ARE 1,215 SF , 4 UNITS ARE NICELY REMODELED WITH W/D , 1=2+2 RECENTLY LEASED AT $2,775 AND 1=1+DEN RECENTLY LEASED AT $2,050 ,NICE UNIT MIXED OF 9=2+2 , 2=1+1 , 1=0+1 , 21 PARKINGS , 4.27% CURRENT CAP RATE !

  • April, 2023

  • Apr 12, 2023

    Date

    Active

    CRMLS: 23259597

    $4,450,000

    Price

  • August, 2020

  • Aug 13, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 1, 2019

    Date

    Sold

    CRMLS: 18383328

    $3,200,000

    Price

  • Jan 28, 2019

    Date

    Active Under Contract

    CRMLS: 18383328

    $3,600,000

    Price

  • Oct 3, 2018

    Date

    Price Change

    CRMLS: 18383328

    $3,600,000

    Price

  • Sep 6, 2018

    Date

    Active

    CRMLS: 18383328

    $3,890,000

    Price

  • Listing provided courtesy of CRMLS

    Primely located NEC of Oxford & 4th, 12 Unit apartment building in the heart of Korea-town.The property is separately metered for gas and electricity, keeping landlord's expenses low. There is a laundry room on siteThis property has Huge upside potential. The building's unit mix consists of (One)Studio / (Two) 1 Bed/1 Bath / (Nine) 2 Bed/2 Bath units. The units are impressively spacious. Flanked by Korea-town shopping, restaurants and Markets are just steps away. High demand rental area. DO NOT DISTURB THE TENANTS.

  • February, 2019

  • Feb 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,200,000

    Price

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Tax History for 4171 W 4Th St

Assessed Value (2020): $3,264,000
Year Land Value Improved Value Assessed Value
2020 $2,121,600 $1,142,400 $3,264,000

Home Value Compared to the Market

This property vs the competition

4171 W 4Th St is listed 250.2% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $335.79 per/sqft which puts the price per square foot 56.62% lower than the median price per square foot for the city of Los Angeles.

About 4171 W 4Th St

Detailed summary of property

4171 W 4Th St is a multi family located in Los Angeles, CA 90020 and is currently for sale. This multi family property offers 20 bedrooms, 21 bathrooms, roughly 12,776 living square feet, and sits on an approximately 9,012 square foot lot. 4171 W 4Th St was first listed on ArdentRealEstateGroup.com on April 12, 2023. The homeowner is currently asking $4,290,000 and was originally asking $4,450,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 250.2% higher than the median priced home. Local competing homes currently for sale include 914 S Gramercy Dr, 4942 Maplewood Ave and 927 S Ardmore Ave. While the average home in Los Angeles, CA is selling in 96 days, 4171 W 4Th St has a days on market of 376 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 4171 W 4Th St Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4171 W 4Th St

Public county record property details
Beds
20
Baths
--
Year built
1963
Sq. Ft.
12,776
Lot Size
9,012
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
51
APN
5503-004-001

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$658
Median Sold Price
$520,000
Median Sold Price/Sq.Ft.
$702
Total Inventory
48
Median Sale to List Price %
104%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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