4326 Gateway Ave 6 Unit Apartment Building For Sale Los Angeles, CA 90029

4326 Gateway Avenue offers a rare opportunity to acquire a charming English Cottage-style multifamily property in the heart of Silver Lake/Virgil Village, one of Los Angeles’ most vibrant and evolving neighborhoods. Situated on a prominent corner lot, the property showcases distinctive architectural character, including steep gabled rooflines, decorative half-timber detailing, and storybook-inspired design.
The property consists of six residential units with a mix of studio and one-bedroom floor plans. Several units feature private outdoor spaces, large yard areas, and in-unit washers and dryers—amenities highly valued by today’s renters. Individual entrances and the cottage-style layout create a unique residential experience that feels more like a collection of private homes than a traditional apartment building.
Current ownership has preserved the property's historic charm while maintaining significant upside potential. Existing rents remain below market, offering a clear opportunity for future income growth through tenant turnover and strategic renovations.
The sixth unit identified as Unit 4328 has been purposely kept vacant and unfinished. This unit offers future potential, subject to buyer investigation and verification.
Residents enjoy immediate access to the restaurants, cafés, retail, and entertainment offerings of Virgil Village, Silver Lake, Los Feliz, and East Hollywood, with convenient connectivity to Hollywood, Downtown Los Angeles, and major employment centers.
Combining timeless architecture, high in-place income, rental upside, and an irreplaceable corner-lot location, 4326 Gateway Avenue represents a compelling multifamily investment opportunity.