• 15,954 sq.ft.
  • 6,386 sq.ft. lot
offered at $4,500,000
Status: Active // Property Type:
County: Los Angeles // Year Built: 1915

Property Description

1350 W 4th St., Los Angeles is a 25- unit asset located in the heart of Westlake. Offered at only $184k/door, this value-add opportunity has nearly 25% upside available in market rents. (3) studio units will be delivered tenant-ready, offering immediate upside. The property is currently operating at a 4.38% CAP and 13.35 GRM. 1350 W 4th St has a unit mix of (12) 1-Bd/1-Ba, (12) studio, & (1) 2- Bd/1-Ba units with 15,954 Sq.Ft of rentable space. These units feature hardwood and tile flooring, as well as new paint and in-wall A/C units. There is also a shared laundry room on site. The property is master-metered. There is still plenty of room to grow the monthly rental income, with a 6.68% Market CAP! The subject property is only minutes from millions of dollars worth of developments including L.A. Live, the Red Line Station, and the Westlake Theatre. This huge value-add property is an ideal pickup for any investor looking for great upside in monthly rental income!

Listing Courtesy of Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.

Exterior Features

Exterior Features: Curbs, Park, Urban
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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