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New construction
  • Est. $2,695,000

    2611 E 4th St, Los Angeles, CA 90033

    19beds
    11baths
    7,331sqft
    : 
    Multi Family
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $368/sqft
    $-- HOA

    What's special

    Standard amenitiesVery attractive finishesTwo car parkingCentral heat and airIn unit laundry
    I challenge you to find any multi-family these days in City of L.A. that has a true cap rate of 6.67 and a gross rent multiplier of 11.97. Never mind one that is brand new construction, in a good location, with ample parking and amenities such as rooftop decks with mountain views. Yet that is exactly what you are getting here at 2611 E 4th St! The rooftop decks, by the way, have proven to be a huge amenity, as they allow the tenant to entertain on a large scale in a highly aesthetic setting without disturbing other tenants on the premises. Delivered vacant, your tenants will be thrilled to pay the rents listed here, in dwellings that include very attractive finishes and layouts, all standard amenities including central heat and air, dishwasher and appliances. Also in unit laundry in each unit (washer/dryer not provided - hookups only.) All but one of the units will enjoy two car parking. As far as location, this property is a mile away from the 4th St Bridge that takes one right into the Art District, Little Tokyo and all other downtown venues. Not to mention that Boyle Hts itself, particularly this section of Boyle Hts, is truly burgeoning into one of LA's most charming and flourishing neighborhoods, in leaps and bounds. And this property is right in the thick of it all. Bottom line - as a landlord/property owner, you will thoroughly enjoy owning a property which not only cash flows, but will give you no headaches or unexpected expenses, being a brand new construction property, and tons of upside. Oh yes, forgot to mention that tenants pay for ALL utilities including water and trash. Oh, and one other very important thing - I have a lender who will give 30 yr fixed financing despite the fact the property is 5 units! Oh, and of course you can come see the property anytime. Looking forward to seeing you!
    154 days
    on Zillow
    |
    124
    |
    3
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    Zillow last checked: 7 hours ago

    Listing updated: May 11, 2025 at 05:01am

    Listed by:

    Ken Shapiro DRE # 01715663 818-237-6963,

    Silverwood Properties 213-250-4404

    Source: CLAW,MLS#: 24-465335MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 11
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Range/Oven, Tankless Water Heater
    • Laundry: In Unit
    Interior area
    • Total structure area: 7,331
    • Total interior livable area: 7,331 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Gated, Tandem
    • Garage spaces: 6
    • Has carport: Yes
    • Uncovered spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Pool features: Other
    Lot
    • Size: 6,246.5 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5180012032
    • Zoning: LAC1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $368/sqft
    • Tax assessed value: $1,058,802
    • Annual tax amount: $19,008
    • Date on market: 2/28/2025
    • Total actual rent: 250080
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