3403 East 4th Street Los Angeles, CA ^$ 799,000

3403 East 4th Street

^$ 799,000

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3403 East 4th Street

Los Angeles, CA, 90063

^$ 799,000

Studio Baths0.0

Monthly Estimate*

^$ 5,581

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Studio

Commercial Property for sale in Los Angeles, CA

for $799,000. This building was built in 1950.

Situated at the signalized corner of Lorena Street and East 4th Street in the dense pocket of the Boyle Heights, the subject property was being used as a 3 bedroom and 2 bath Single Family house for 20+ years (delivered empty no later than 4/30/24). However, all the Certificate(s) of Occupancy, since it was constructed only allow for commercial uses. Prior to its residential dwelling use it was a Cafe and a Store location. The property is situated in a State Enterprise Zone which reduces the parking requirements to: 2 spaces for every 1,000 SF. More specifically, this would be the new parking requirement for Medical/Dental and Restaurant (take-out/sit-down) uses. The property will be vacant April 30th. City Attorney is requiring the subject to be converted back to its original use. SBA and Conventional loans will finance at 85% to 90% loan-to-value, plus finance all Tenant Improvements for an Owner-User Buyer to capitalize.

Commercial Active

Price

^$ 799,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024385549

Features

General

Zoning LAC2

Security Features Gated Community

Year Built 1950

County Los Angeles

Property Type F

Status Active

City Los Angeles

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 0.0

Street Name 4th

Standard Status Active

Exterior

Lot Size Area 7774.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 1

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Jacqueline Moeller

Listing Agent

Kidder Mathews Of California, Inc.

Broker

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$5,581

Per Month

Monthly Principal & Interest: $5,581
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Commerical listings in Los Angeles, CA

Average List Price ^$2,259,263

Percent of Sale Price 183%

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$799,000		Listed Price

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3403 East 4th Street, Los Angeles, CA, 90063 is a Commercial Property for sale at $799,000. 3403 East 4th Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 90063 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/1/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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3403 East 4th Street

Commercial Property for sale in Los Angeles, CA

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