4651 Council St | Los Angeles, CA 90004
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This Multifamily Property is no longer advertised on LoopNet.com.
4651 Council St
Los Angeles, CA 90004
Multifamily Property For Sale
·
7 Units

Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present a seven-unit investment opportunity in Koreatown
- Opportunity to acquire an asset with little to no deferred maintenance and strong in-place cash flow at a 5.93% CAP rate and 11.12 GRM
- The property features an ideal unit mix of two one-bedrooms and five two-bedrooms with 10 parking spaces
Property Facts
| No. Units | 7 | Building Size | 7,444 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R2-1 - Two-Family Dwellings R1 Uses, Home Occupations | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,444 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | R2-1 - Two-Family Dwellings R1 Uses, Home Occupations |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+2 | 5 | - | - |
Property Taxes
| Parcel Number | 5516-020-010 | Improvements Assessment | $946,671 |
| Land Assessment | $1,137,827 | Total Assessment | $2,084,498 |
Property Taxes
Parcel Number
5516-020-010
Land Assessment
$1,137,827
Improvements Assessment
$946,671
Total Assessment
$2,084,498
Listing ID: 36377581
Date on Market: 6/24/2025
Last Updated:
Address: 4651 Council St, Los Angeles, CA 90004
The Koreatown Multifamily Property at 4651 Council St, Los Angeles, CA 90004 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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