2203 4th Avenue Los Angeles, CA ^$ 2,725,000

2203 4th Avenue

^$ 2,725,000

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2203 4th Avenue

Los Angeles, CA, 90018

^$ 2,725,000

Bedrooms12 Baths8.0 Sq 8,104

Monthly Estimate*

^$ 19,035

Listed by Marcus & Millichap

2203 4th Avenue, Los Angeles, CA 90018 - Image 1

2203 4th Avenue, Los Angeles, CA 90018 - Image 2

2203 4th Avenue, Los Angeles, CA 90018 - Image 3

2203 4th Avenue, Los Angeles, CA 90018 - Image 4

2203 4th Avenue, Los Angeles, CA 90018 - Image 5

2203 4th Avenue, Los Angeles, CA 90018 - Image 6

2203 4th Avenue, Los Angeles, CA 90018 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $2,725,000 with 12 bedrooms and 8 full baths. This 8,104 square foot home was built in 1938 on a lot size of 0.3216.

We are pleased to offer for sale an eight-unit apartment community located at 2203 4th Avenue. The subject property is located just south of Washington Boulevard bordering the desirable West Adams neighborhood to the south and the Arlington Heights sub-market to the north. Situated on a large 14,006 square foot parcel, the property is comprised of four one-bedroom units and four two-bedroom units. Four of the units have private yards, two of the units have decks and two of the units have balconies. Current Ownership has extensively renovated 87% of the units with stainless steel kitchen appliances, quartz countertops, central AC/heat, new flooring, upgraded bathrooms, in unit wash & dryer, new windows & more. The continued gentrification of the surrounding area along with large floor plans and quality renovations makes 2203 4th Avenue an excellent investment opportunity poised for long term healthy returns.

Multi-Family Active

Price

^$ 2,725,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3216

Year Built

1938

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23338815

Days on Market

139

Features

General

Zoning LARD2

Year Built 1938

Stories 2

Levels Two MultiSplit

Gross Income 229248.0

County Los Angeles

Net Operating Income 163547.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions South of Washington Boulevard & West of Arlington Avenue

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 14010.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 4th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 136

Standard Status Active

Year Built Source Assessor

Cap Rate 6.0

Exterior

Parking Features Covered Garage

Total Parking 10.0

Lot Size Area 14010.0

Number of Buildings 4

Spa N

Building Area Total 8104.0

Lot Size Acres 0.3216

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 12

Electric On Property Y/N N

Total Baths 8

Internal Only

Street Number 1 2203

* Excluded Features

List By

Marcus & Millichap

Broker

(213) 943-1897

Phone

Affordability Calculator

$19,035

Per Month

Monthly Principal & Interest: $19,035
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 27%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2024	$2,725,000	-2.68%	Price Down
1/17/2024	$2,800,000	-4.27%	Price Down
12/11/2023	$2,925,000		Listed Price

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2203 4th Avenue, Los Angeles, CA, 90018 is a Multi-Family Home for sale at $2,725,000 with 8,104 sqft and a lot size of 0.3216. 2203 4th Avenue has 12 bedrooms, 8.0 baths, and was built in 1938. The property's zip code is 90018 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2203 4th Avenue

Multi-Family Home for sale in Los Angeles, CA

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