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3110 E 4th St - BOYLE HEIGHTS - MIXED USE - 6% CAP W/UPSIDE 9 Unit Apartment Building Offered at $1,399,000 at a 6.07% Cap Rate Los Angeles, CA 90063



Investment Highlights
- Lighted Intersection
- Character Property in Legendary Neighborhood
- Healthy Rents with Upside
Executive Summary
Mixed-use investment property consisting of nine total units, including five apartments, three street-level retail units, and one detached single-family residence. The property offers strong in-place cash flow with diversified residential and commercial income. Retail units feature street frontage along a well-traveled corridor, while the residential units support stable tenancy. An attractive opportunity for an investor seeking both current income and long-term value in a growing Boyle Heights location. Located in the heart of Boyle Heights, 3108 E 4th Street benefits from a vibrant neighborhood experiencing continued reinvestment and growth. The property is situated along a well-traveled commercial corridor just minutes east of Downtown Los Angeles, with convenient access to major thoroughfares, public transportation, and the Sixth Street Bridge. The immediate area features a mix of neighborhood-serving retail, residential uses, and emerging small businesses, including Picaresca Barra de Cafe. Nearby amenities include local shops, restaurants, parks, and schools, contributing to steady foot traffic and long-term demand for both residential and commercial space. The location offers strong urban connectivity while maintaining the character and cultural identity that Boyle Heights is known for.
Property Facts
| Price | $1,399,000 | Property Type | Multifamily |
| Price Per Unit | $155,444 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Size | 4,508 SF |
| Cap Rate | 6.07% | Average Occupancy | 100% |
| Gross Rent Multiplier | 9.94 | No. Stories | 2 |
| No. Units | 9 | Year Built | 1923 |
| Price | $1,399,000 |
| Price Per Unit | $155,444 |
| Sale Type | Investment |
| Cap Rate | 6.07% |
| Gross Rent Multiplier | 9.94 |
| No. Units | 9 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Size | 4,508 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1923 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (82)
Property Taxes
| Parcel Number | 5186-005-001 | Improvements Assessment | $393,710 |
| Land Assessment | $645,248 | Total Assessment | $1,038,958 |
Property Taxes
Parcel Number
5186-005-001
Land Assessment
$645,248
Improvements Assessment
$393,710
Total Assessment
$1,038,958
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3110 E 4th St - BOYLE HEIGHTS - MIXED USE - 6% CAP W/UPSIDE
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