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1545 4th Ave
Los Angeles, CA 90019
5 Units in Mid City with 6.9% Cap & 10.8 GRM! · Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Five unit building consisting of two 3 bedroom / 1 bath units, two 2 bedroom / 1 bath units, and one 1 bedroom / 1 bath unit.
  • The building boasts a GRM of 10.8 and CAP rate of 6.9% on current rents!
  • +/- 5,664 sq. ft. of rentable space on a +/- 10,501 sq. ft. lot.
  • Three of the five units have been remodeled and have new kitchens, bathrooms, windows, restored hardwood flooring and built in cabinetry.

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 5,664 SF
No. Stories 2
Year Built 1920
Parking Ratio 0.88/1,000 SF
Zoning LARD1.5 - Restricted Density Multiple Dwelling

AMENITIES

UNIT AMENITIES

  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5072-024-012
Land Assessment
$36,490
Improvements Assessment
$32,081
Total Assessment
$68,571
  • Listing ID: 34867018

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 1545 4th Ave, Los Angeles, CA 90019

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