A unique opportunity to acquire a sizable multifamily asset in the core of Koreatown. Located at 4051 to 4065 West 4th Street, this property is one of the largest 8 unit buildings in the area, offering approximately 13,428 gross building square feet with each one bedroom one bathroom unit exceeding 1,000 square feet. Positioned prominently on the corner of 4th Street and Harvard Boulevard, the building features excellent corner lot curb appeal and strong visibility. The property offers individually metered units, 6 on site parking spaces, and ample street parking for residents and guests. The exterior has been exceptionally well-maintained and includes an upgraded roof, providing peace of mind for incoming ownership. While the exterior has been thoughtfully cared for, the interiors present a compelling value add opportunity combined with below market rents. Investors can capitalize on over 100% rental upside potential in one of Los Angeles' most in-demand rental submarkets, with an attractive current CAP of over 4.6%.
Courtesy of Link Brokerages, Coby Chatwin - CA DRE#01998822 Selling Office: .
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).