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$4,449,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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Renovated 20-unit apartment building cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 10% Cap Rate after taking into account all constructions costs (~312k assuming $340/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Almost every single unit (95%) has been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers an on-site laundry room, which could be re-opened to generate additional income. Located in the heart of Westlake, just steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.

Full Property Details for 1344 W 4th St

General

  • Price: $4,449,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26830501
  • Updated: 5/6/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 20

Additional Information

  • Other Features: None

Parking

  • Garage Description: None

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Driving Directions: West of Bixel, East of Lucas

Heating & Cooling

  • Cooling Type: Ceiling Fan
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 7,700
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1922
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 20
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1

Unit 3

  • Total Bathrooms: 1

Unit 4

  • Total Bathrooms: 1

Unit 5

  • Total Bathrooms: 1

Unit 6

  • Total Bathrooms: 1

Unit 7

  • Total Bathrooms: 1

Unit 8

  • Total Bathrooms: 1

Unit 9

  • Total Bathrooms: 1

Unit 10

  • Total Bathrooms: 1

Unit 11

  • Total Bathrooms: 1

Unit 12

  • Total Bathrooms: 1

Unit 13

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1243
  • Lot Size: 5414
  • Lot Size Source: Vendor Enhanced
  • Zoning: LACW

Financial Considerations

  • Price Per Sq. Ft.: $577.79
  • Assessment Year: 1922

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5152-003-013

Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz

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Listing agents

— 1344 W 4th St —

  • Armin Soleimani

    Global Platinum Properties, Inc.

  • Julio Ruiz

    Global Platinum Properties, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1344 W 4th St

School District:Los Angeles Unified School District
NameGradesDistance
Gratts Learning Academy For Young Scholars (Glays)
309 Lucas Avenue, Los Angeles, CA 90017
2-60.1 mi
Miguel Contreras Learning Complex School
322 Lucas Avenue, Los Angeles, CA 90017
9-120.1 mi
Contreras Learning Center-Los Angeles School Of Global Studies
322 Lucas Avenue, Los Angeles, CA 90017
9-120.1 mi
Academic Leadership Community School
322 Lucas Avenue, Los Angeles, CA 90017
9-120.1 mi
Contreras Learning Center-School Of Social Justice
322 Lucas Avenue, Los Angeles, CA 90017
9-120.1 mi
Belmont Senior High School
1575 West 2nd Street, Los Angeles, CA 90026
9-120.3 mi
Edward R. Roybal Learning Center
1200 Colton Street, Los Angeles, CA 90026
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1344 W 4th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$4,449,000
93.43%
MLS
3/06/2024
Sold
$2,300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1344 W 4th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,504
2%
$2,346,000
42%
2023
$21,109
5%
$1,647,556
2%
2022
$20,169
1%
$1,615,375
2%
2021
$19,894
-1%
$1,583,826
1%
2020
$20,087
4%
$1,567,651
2%
2019
$19,324
—
$1,530,738
2%
2018
$19,254
2%
$1,500,724
2%
2017
$18,812
3%
$1,471,299
2%
2016
$18,336
1%
$1,442,451
2%
2015
$18,080
-1%
$1,420,785
2%
2014
$18,266
—
$1,392,955
—
2013
$18,262
—
$1,386,660
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1344 W 4th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz

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1344 W 4th St, Los Angeles, CA 90017 (MLS# 26830501) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1344 W 4th St is currently listed for $4,449,000 and was received on May 06, 2026. Want to learn more about 1344 W 4th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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