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!
New construction
Est. $2,695,000
2611 E 4th St, Los Angeles, CA 90033
19beds
11baths
7,331sqft
Est.:
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
- 154 days
- on Zillow |
- 124 |
- 3 |
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#: 24-465335

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
- Loading
- Loading