
2611 E 4th St Los Angeles, CA 90033
Estimated payment $17,579/month
Highlights
- New Construction
- In Ground Pool
- Contemporary Architecture
- Felicitas and Gonzalo Mendez High Rated A-
- Gated Parking
- Tandem Parking
About This Home
I challenge you to find any multi-family these days in City of L.A. that has a true cap rate of 6.67 and a gross rent multiplier of 11.97. Never mind one that is brand new construction, in a good location, with ample parking and amenities such as rooftop decks with mountain views. Yet that is exactly what you are getting here at 2611 E 4th St! The rooftop decks, by the way, have proven to be a huge amenity, as they allow the tenant to entertain on a large scale in a highly aesthetic setting without disturbing other tenants on the premises. Delivered vacant, your tenants will be thrilled to pay the rents listed here, in dwellings that include very attractive finishes and layouts, all standard amenities including central heat and air, dishwasher and appliances. Also in unit laundry in each unit (washer/dryer not provided - hookups only.) All but one of the units will enjoy two car parking. As far as location, this property is a mile away from the 4th St Bridge that takes one right into the Art District, Little Tokyo and all other downtown venues. Not to mention that Boyle Hts itself, particularly this section of Boyle Hts, is truly burgeoning into one of LA's most charming and flourishing neighborhoods, in leaps and bounds. And this property is right in the thick of it all. Bottom line - as a landlord/property owner, you will thoroughly enjoy owning a property which not only cash flows, but will give you no headaches or unexpected expenses, being a brand new construction property, and tons of upside. Oh yes, forgot to mention that tenants pay for ALL utilities including water and trash. Oh, and one other very important thing - I have a lender who will give 30 yr fixed financing despite the fact the property is 5 units! Oh, and of course you can come see the property anytime. Looking forward to seeing you!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2023 | New Construction
Lot Details
- 6,246 Sq Ft Lot
- South Facing Home
Parking
- 2 Open Parking Spaces
- 6 Car Garage
- Carport
- Tandem Parking
- Gated Parking
Home Design
- Contemporary Architecture
Interior Spaces
- 7,331 Sq Ft Home
- 3-Story Property
- Laundry in unit
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 19 Bedrooms
- 11 Bathrooms
Pool
- In Ground Pool
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
- 3 Buildings
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 5180-012-032
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/22/2025 03/22/25 | For Sale | $2,695,000 | 0.0% | $368 / Sq Ft |
03/18/2025 03/18/25 | Off Market | $2,695,000 | -- | -- |
03/07/2025 03/07/25 | Price Changed | $2,695,000 | -6.9% | $368 / Sq Ft |
03/06/2025 03/06/25 | Price Changed | $2,895,000 | -3.3% | $395 / Sq Ft |
02/28/2025 02/28/25 | Price Changed | $2,995,000 | 0.0% | $409 / Sq Ft |
02/28/2025 02/28/25 | For Sale | $2,995,000 | -17.9% | $409 / Sq Ft |
01/28/2025 01/28/25 | Off Market | $3,650,000 | -- | -- |
01/20/2025 01/20/25 | Price Changed | $3,650,000 | +21.9% | $498 / Sq Ft |
12/20/2024 12/20/24 | For Sale | $2,995,000 | 0.0% | $409 / Sq Ft |
12/11/2024 12/11/24 | Pending | -- | -- | -- |
11/19/2024 11/19/24 | For Sale | $2,995,000 | -- | $409 / Sq Ft |
Similar Homes in Los Angeles, CA
Source: The MLS
MLS Number: 24-465335

- 305 S Mott St
- 2626 E 2nd St
- 2618 Gleason Ave
- 2419 E 3rd St
- 2415 E 3rd St
- 2411 E 2nd St
- 436 S Soto St
- 116 S Mathews St
- 2744 Lanfranco St
- 465 S Savannah St
- 142 S Savannah St
- 2813 E 6th St
- 127 S Evergreen Ave
- 214 N Mott St
- 127 N Savannah St
- 417 Euclid Ave
- 545 S Breed St
- 3016 E 1st St Unit 14
- 3014 E 3rd St
- 505 S Chicago St
- 2525 E 3rd St
- 418 Camulos St
- 2507 E 1st St
- 2514 Pennsylvania Ave
- 2809 E 6th St Unit 1/2
- 126 N Saratoga St
- 215 N Fickett St
- 519 S Breed St Unit 3
- 446 S Chicago St Unit 446
- 617 S Soto St Unit 617
- 702 S Soto St Unit 704
- 2028 E 3rd St
- 2025 E 4th St
- 429 N Mott St
- 3128 E 1st St Unit 2
- 3128 E 1st St Unit 1
- 3128 E 1st St
- 3128 E 1st St
- 2426 1/2 Cincinnati St
- 1919 E 4th St Unit 1