$1,399,000

Estimated payment $8,307/month

Total Views 412
5 Beds
9 Baths
4,508 Sq Ft
$310 Price per Sq Ft

About This Home

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.

Listing Agent

Clint Lukens

Clint Lukens Realty License #01367014 Listed on: 02/10/2026

Co-Listing Agent

Arianna Montes

Clint Lukens Realty License #02000514

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,673 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4508
  • Lot Acreage: 0.1302
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Oven-Gas
  • Bedrooms: 5
  • Total Bathrooms: 9.00
  • Equipment: Range/Oven, Refrigerator, Hood Fan
  • Price Per S Q F T: 310.34

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: On street, Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Window Unit(s)
  • Heating: Wall
  • Security: Window Bars
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 37.89
  • Assessed Improvement Value: 393710
  • Assessed Land Percent: 62.11
  • Assessed Land Value: 645248
  • Total Assessed Value: 1038958
  • Assessor Parcel Number: 5186-005-001
  • Lot Size Area: 5673

Rental Info

  • Owner Pays: Water, Gas, Electricity
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.94
  • Number Of Units: 9
  • Type Of Units: Mixed
  • Vacancy Allow Percent: 3.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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
Source: The MLS

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $617,500 Commercial
Previous Owner $395,200 Commercial
Previous Owner $200,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26645131

The MLS

APN: 5186-005-001

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