$940,000
SOLD JUL 10, 2025

3445 E 4th St Los Angeles, CA 90063

9 Beds
3 Baths
2,422 Sq Ft
5,987 Sq Ft Lot

Recently Sold

$388 Per Sq Ft

7% Above List Price

15 Days on Market

Highlights

  • Air Conditioning
  • Felicitas and Gonzalo Mendez High Rated A-
  • 4-minute walk to Indiana

About This Home

As of July 2025

In a market where it is so difficult to find a property that cash flows, we are presenting one to you here that does. Honestly, where are you going to find a property in L.A. right now that is a true 7.6 cap and a 9.15 GRM??? Each unit is a 3 bed 1 bath. The property has been well taken care of by the current owners and should stand up well to a licensed home inspection. The units were renovated about 6 years ago. The tenants that are currently in there are paying $2300 and $2400. With the third unit being vacated, if a new owner wants to get a Section 8 tenant in there, they will get right around $3300/mo, which brings the total income to $8000/mo. The tenants being vacated have not paid rent for several months and the sellers have already hired an Attorney and already have a court date set for mid-April. If the new owner will take possession of the property with those tenants still in place the sellers will continue to take care of all costs and all actions necessary to complete the eviction. Or, if a buyer wants to wait for the eviction to be complete before close of escrow that too can probably be done. With a 25% down loan at 7% interest, the new owner will cash flow $2,000/mo or $24,000 annually, with only $220,000 out of pocket. And there is good upside as the rents in the other units are approximately $2,000 ($1000 for each unit) below what section 8 will give. Another big plus is that there are three parking spots (one parking spot per unit) and possibly an additional one in between the two structures. Also, the rear unit, being totally detached and far away from the other two, as well as having it's own yard space, lends itself nicely to an owner possibly living there. This is definitely a really good property to start your real estate investment career with, or to add to your portfolio if you are already experienced.

Last Agent to Sell the Property

Ken Shapiro

Silverwood Properties License #01715663 Listed on: 02/12/2025

Last Buyer's Agent

Jason Cruz

The Collective Realty License #02138359

The Collective Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,790

Year Built

  • Built in 1953

Parking

  • Uncovered Parking

Home Design

  • Triplex

Interior Spaces

  • 2,422 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • 5,987 Sq Ft Lot
  • Air Conditioning

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5179-013-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,790

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2422
  • Lot Acreage: 0.1374
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Washer, Dryer, Range/Oven
  • Price Per S Q F T: 362.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered

Utilities

  • Cooling: Air Conditioning
  • Heating: Combination

Lot Info

  • Assessed Improvement Percent: 38.71
  • Assessed Improvement Value: 334654
  • Assessed Land Percent: 61.29
  • Assessed Land Value: 529869
  • Total Assessed Value: 864523
  • Assessor Parcel Number: 5179-013-045
  • Lot Size Area: 5987

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.15
  • Number Of Units: 3
  • Total Annual Expense: 28800
  • Type Of Units: Triplex
  • Vacancy Rate: 1 unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2025
Sold by
Mclaughlin Yuria
Bought by
Mclaughlin Han Alec

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$922,974
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2025
Sold by
Juan And Esperanza Rodriguez Trust and Larios Juan Rodriguez
Bought by
Mclaughlin Han Alec

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$922,974
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2022
Sold by
Rodriguez Larios Juan and Rodriguez Esperanza L
Bought by
Juan And Esperanza Rodriguez Family Trust

Purchase Details

Closed on
Apr 3, 2018
Sold by
Farber Mariano Gaston and Farber Maria Alejandra
Bought by
Larios Juan Rodriguez and Rodriguez Esperanza L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2017
Sold by
3445 4Th St Llc
Bought by
Farber Madano Gaston and Farber Maria Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 30, 2016
Closed on
May 18, 2017
Sold by
Magdaleno Yolanda
Bought by
3445 4Th St Llc
Seller's Agent
Ruben Fraire
Coldwell Banker Realty
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Mar 10, 2017
Sold by
Ezequiel Quinteroangulo
Bought by
Magdaleno Yolanda

Purchase Details

Closed on
Apr 8, 2002
Sold by
Magdaleno George
Bought by
Magdaleno Yolanda
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Old Republic Title
Grant Deed $940,000 Old Republic Title
Deed -- None Listed On Document
Interfamily Deed Transfer -- Ticor Title San Diego Branch
Grant Deed $775,000 Lawyers Title
Grant Deed $525,000 Equity Title Los Angeles
Interfamily Deed Transfer -- Equity Title Los Angeles
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $922,974 FHA
Previous Owner $542,500 New Conventional
Previous Owner $540,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $940,000 +6.9% $388 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $879,000 0.0% $363 / Sq Ft
03/12/2019 03/12/19 Rented $2,500 -7.1% --
11/01/2018 11/01/18 Price Changed $2,690 -3.6% $3 / Sq Ft
10/01/2018 10/01/18 Price Changed $2,790 -3.0% $3 / Sq Ft
09/29/2018 09/29/18 For Rent $2,875 0.0% --
06/02/2017 06/02/17 Sold $525,000 -12.4% $371 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $599,000 -- $423 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $10,790 $881,813 $540,466 $341,347
2024 $10,790 $864,523 $529,869 $334,654
2023 $10,585 $847,573 $519,480 $328,093
2022 $10,097 $830,955 $509,295 $321,660
2021 $9,968 $814,662 $499,309 $315,353
2020 $10,066 $806,310 $494,190 $312,120
2019 $9,672 $790,500 $484,500 $306,000
2018 $9,588 $775,000 $475,000 $300,000
2016 $3,262 $264,548 $152,242 $112,306
2015 $3,215 $260,576 $149,956 $110,620
2014 $3,236 $255,473 $147,019 $108,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25497733

The MLS

APN: 5179-013-045