$1,500,000
SOLD MAY 26, 2026
8 Beds
8 Baths
8,259 Sq Ft
8,838 Sq Ft Lot Lot

Sale Details

Date Sold: May 26, 2026

$182 Per Sq Ft

6% Below List Price

133 on Market

About This Home

As of May 2026

A unique opportunity to acquire a sizable multifamily asset in the core of Koreatown. Located at 4051 to 4065 West 4th Street, this property is one of the largest 8 unit buildings in the area, offering approximately 13,428 gross building square feet with each one bedroom one bathroom unit exceeding 1,000 square feet. Positioned prominently on the corner of 4th Street and Harvard Boulevard, the building features excellent corner lot curb appeal and strong visibility. The property offers individually metered units, 6 on site parking spaces, and ample street parking for residents and guests. The exterior has been exceptionally well-maintained and includes an upgraded roof, providing peace of mind for incoming ownership. While the exterior has been thoughtfully cared for, the interiors present a compelling value add opportunity combined with below market rents. Investors can capitalize on over 100% rental upside potential in one of Los Angeles' most in-demand rental submarkets, with an attractive current CAP of over 4.6%.

Last Agent to Sell the Property

Coby Chatwin

Link Brokerages License #01998822 Listed on: 12/30/2025

Co-Listed By

Andrew Malekie

Link Brokerages License #02153774

Last Buyer's Agent

Hyunsook Song

Choice 100 Realty, Inc. License #01398279

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 8,838 Sq Ft Lot

Interior Spaces

  • 8,259 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5503-006-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

8,838 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 8259
  • Lot Acreage: 0.2029
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 187.67

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Driveway
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 5.00
  • Assessed Improvement Value: 15501
  • Assessed Land Percent: 95
  • Assessed Land Value: 294829
  • Total Assessed Value: 310330
  • Assessor Parcel Number: 5503-006-001
  • Lot Size Area: 8838

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.15
  • Number Of Units: 8
  • Type Of Units: One Bed
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 Sold $1,500,000 -3.2% $182 / Sq Ft
05/12/2026 05/12/26 Pending -- -- --
04/17/2026 04/17/26 Price Changed $1,550,000 -6.1% $188 / Sq Ft
03/09/2026 03/09/26 Price Changed $1,650,000 -9.6% $200 / Sq Ft
01/21/2026 01/21/26 Price Changed $1,825,000 +14.7% $221 / Sq Ft
12/30/2025 12/30/25 For Sale $1,590,529 -- $193 / Sq Ft
Source: The MLS

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25631725

The MLS
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