3007 E 4thStreet is a mixed-use property located in the up and coming Boyle Height community, featuring 3 residential units and one commercial storefront, 100% occupied and paying rent during COVID. The property was built in 1926 on 5,174 square foot lot with 2,507 square feet of improvements including 2 1 bed+1bath units and 1 2bed+1bath standalone house. One of the one-bedroom units have been renovated and rented at market rate. The two-bedroom house was also recently renovated. Commercial unit lease ends in 2023 with plenty of room for upside for a new tenant. Other nearby amenities such as parks, grocery stores, and local eateries add to the desirability of this location for tenants. Given the rental upside future potential, this is a great investment for both first-time buyers and seasoned investors. High traffic area minutes from the Arts District, DTLA and Gold Line. Located in one of the city rapidly growing markets.
Off market
$878,300
3007 E 4th St, Los Angeles, CA 90063
4beds
4baths
2,507sqft
MultiFamily
Built in 1926
-- sqft lot
$878,300 Zestimate®
$350/sqft
$2,811 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall
Cooling
- Wall
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer
- Laundry: In Unit, Other
Features
- Common walls with other units/homes: Attached
Interior area
- Total interior livable area: 2,507 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street
Lot
- Size: 5,174 sqft
Details
- Parcel number: 5179004012
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1926
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- PropertyType: Residential Income
- Style: Traditional
- Cooling: Wall/Window
- Equipment: Other
- SourceLivingArea: Assessor
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: Driveway
- Laundry: In Unit, Other
- CommonWalls: Attached
- ListingArea: Boyle Heights
- Country: US
- ListingStatus: Pending
- UnitTypeType: 2106, 2107, 2108, 2109
Services availability
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Estimated market value
$878,300