Seller's Agent in 2025
Ken Shapiro
Silverwood Properties
(818) 237-6963
2 in this area
48 Total Sales
3445 E 4th St Los Angeles, CA 90063
Boyle Heights NeighborhoodEstimated Value: $811,000 - $949,000
9
Beds
3
Baths
2,422
Sq Ft
$373/Sq Ft
Est. Value
About This Home
As of July 2025In 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
Silverwood Properties License #01715663 Listed on: 02/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 5,987
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 7, 2025
Sold by
Mclaughlin Yuria
Bought by
Mclaughlin Han Alec
Current Estimated Value
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
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
6.53%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mclaughlin Han Alec | -- | Old Republic Title | |
| Mclaughlin Han Alec | $940,000 | Old Republic Title | |
| Larios Juan Rodriguez | -- | Ticor Title San Diego Branch | |
| Farber Madano Gaston | $775,000 | Lawyers Title | |
| 3445 4Th St Llc | $525,000 | Equity Title Los Angeles | |
| Magdaleno Yolanda | -- | Equity Title Los Angeles | |
| Magdaleno Yolanda | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mclaughlin Han Alec | $922,974 | |
| Previous Owner | Larios Juan Rodriguez | $542,500 | |
| Previous Owner | Farber Madano Gaston | $540,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
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
-
Ken Shapiro
-
Jason Cruz
J
Buyer's Agent in 2025
Jason Cruz
The Collective Realty
(310) 777-7510
1 in this area
10 Total Sales
-
Craig Koendarfer
Seller's Agent in 2019
Craig Koendarfer
Keller Williams Realty Los Feliz
(323) 533-3770
19 Total Sales
-
R
Seller's Agent in 2017
Ruben Fraire
Coldwell Banker Realty
Map
Source: The MLS
MLS Number: 25497733
APN: 5179-013-045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 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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