3108 E 4th St Los Angeles, CA 90063
Boyle Heights NeighborhoodEstimated payment $7,906/month
About This Home
PRICE REDUCED - 6.75% CAP - CASH FLOW - GREAT ADDITION TO PORTFOLIO. 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 Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 5,673 Sq Ft Lot
Home Design
- Split Level Home
- Cosmetic Repairs Needed
Interior Spaces
- 4,508 Sq Ft Home
- 2-Story Property
- Window Bars
- Gas Oven
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 9 Bathrooms
Parking
- 2 Parking Spaces
- Driveway
- On-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Gas Water Heater
- Sewer in Street
Listing and Financial Details
- The owner pays for water, gas, electricity
- Assessor Parcel Number 5186-005-001
Community Details
Overview
- 2 Buildings
- 9 Units
Building Details
- Rent Control
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $13,201 | $1,038,958 | $645,248 | $393,710 |
| 2024 | $13,201 | $1,018,588 | $632,597 | $385,991 |
| 2023 | $12,959 | $998,617 | $620,194 | $378,423 |
| 2022 | $12,383 | $979,037 | $608,034 | $371,003 |
| 2021 | $12,218 | $959,841 | $596,112 | $363,729 |
| 2019 | $8,624 | $655,050 | $269,346 | $385,704 |
| 2018 | $8,487 | $642,207 | $264,065 | $378,142 |
| 2016 | $7,736 | $617,271 | $253,812 | $363,459 |
| 2015 | $7,627 | $608,000 | $250,000 | $358,000 |
| 2014 | $4,780 | $359,542 | $185,570 | $173,972 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | Price Changed | $1,275,000 | -1.8% | $283 / Sq Ft | |
| 03/23/2026 03/23/26 | Price Changed | $1,299,000 | -5.5% | $288 / Sq Ft | |
| 03/05/2026 03/05/26 | Price Changed | $1,375,000 | -1.7% | $305 / Sq Ft | |
| 02/10/2026 02/10/26 | For Sale | $1,399,000 | +47.3% | $310 / Sq Ft | |
| 09/17/2019 09/17/19 | Sold | $950,000 | -5.0% | $211 / Sq Ft | View Prior Sale |
| 06/25/2019 06/25/19 | Pending | -- | -- | -- | |
| 06/19/2019 06/19/19 | For Sale | $1,000,000 | +64.5% | $222 / Sq Ft | |
| 09/11/2014 09/11/14 | Sold | $608,000 | +5.7% | $133 / Sq Ft | View Prior Sale |
| 06/15/2014 06/15/14 | Pending | -- | -- | -- | |
| 03/06/2014 03/06/14 | For Sale | $575,000 | -- | $126 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $950,000 | Stewart Title Of California | |
| Grant Deed | $608,000 | Title 365 | |
| Grant Deed | $310,000 | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $617,500 | Commercial | |
| Previous Owner | $395,200 | Commercial | |
| Previous Owner | $200,000 | Commercial |
Source: The MLS
MLS Number: 26645131
APN: 5186-005-001
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Ask me questions while you tour the home.