1344 W 4th St Los Angeles, CA 90017
Westlake NeighborhoodEstimated payment $24,378/month
About This Home
Huge 500k Price Reduction! Renovated 20-unit apartment building cash flowing at an amazing Current 9% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 11.3% Cap Rate after taking into account all constructions costs (~322k assuming $350/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Almost every single unit (95%) has been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers an on-site laundry room, which could be re-opened to generate additional income. Located in the heart of Westlake, just steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Interior Spaces
- 20 Bathrooms
- 7,700 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Laundry Room
Additional Features
- 5,414 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 20 Units
Listing and Financial Details
- Assessor Parcel Number 5152-003-013
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $29,301 | $2,346,000 | $1,326,000 | $1,020,000 |
| 2024 | $21,505 | $1,674,081 | $1,030,205 | $643,876 |
| 2023 | $21,109 | $1,641,256 | $1,010,005 | $631,251 |
| 2022 | $20,169 | $1,609,075 | $990,201 | $618,874 |
| 2021 | $19,894 | $1,577,526 | $970,786 | $606,740 |
| 2020 | $20,087 | $1,567,651 | $960,832 | $606,819 |
| 2019 | $19,324 | $1,537,038 | $941,993 | $595,045 |
| 2018 | $19,254 | $1,507,024 | $923,523 | $583,501 |
| 2016 | $18,336 | $1,442,451 | $887,662 | $554,789 |
| 2015 | $18,080 | $1,420,785 | $874,329 | $546,456 |
| 2014 | $18,266 | $1,392,955 | $857,203 | $535,752 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2026 08/06/26 | Price Changed | $3,995,000 | -6.0% | $519 / Sq Ft |
| 07/09/2026 07/09/26 | For Sale | $4,250,000 | -- | $552 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,300,000 | Fidelity National Title | |
| Grant Deed | -- | Bowen Chumahan | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,300,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Individual Deed | $500,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Individual Deed | $375,000 | Fidelity National Title Co | |
| Grant Deed | $329,545 | Gateway Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,700,000 | New Conventional | |
| Previous Owner | $750,000 | Commercial | |
| Previous Owner | $975,000 | Commercial | |
| Previous Owner | $720,000 | Commercial | |
| Previous Owner | $375,000 | Commercial | |
| Previous Owner | $243,750 | Commercial |
Source: The MLS
MLS Number: 26858143
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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