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2025 E 4th St
Los Angeles, CA 90033
4th St Apartments · Multifamily Property For Sale
·
24 Units
Investment Highlights
- a 24-unit recently renovated asset in Boyle Heights, just off of the 5 Freeway west of Soto St
- Two of the junior one-bedroom units will be delivered vacant at the close of escrow
- Potential to assume the current financing at a below market rate; 10-year loan with Pacific Premier that commenced in 2021 with a fixed rate of 3.25%
- 11,556 SF featuring a unit mix of 3 singles, 14 junior one-bedrooms and 7 one-bedrooms
- Majority of the units are currently rented at market rates with only two legacy tenants, providing investors stable cash flow at a 5.34% CAP rate
- High Walk Score of 91, close proximity to schools including Breed St Elementary, Roosevelt High School, and St Mary’s
Property Facts
| No. Units | 24 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 11,556 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1912 |
| Building Class | C | ||
| Zoning | LAC2 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 11,556 SF |
| No. Stories | 3 |
| Year Built | 1912 |
| Zoning | LAC2 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 450 |
| 1+1 | 21 | - | 550 - 650 |
Property Taxes
| Parcel Number | 5183-012-030 | Improvements Assessment | $1,393,721 |
| Land Assessment | $2,772,309 | Total Assessment | $4,166,030 |
Property Taxes
Parcel Number
5183-012-030
Land Assessment
$2,772,309
Improvements Assessment
$1,393,721
Total Assessment
$4,166,030
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