Proudly presenting an Exceptional Investment opportunity with this beautiful 12-Unit Apartment in the convenient Wilshire Center neighborhood. This apartment consists of 9 Units of 2bed/2bath, 2 Units of 1bed/1bath and 1 Unit of Single. Each unit is equipped with laundry, refrigerator, laminate flooring, many windows for natural light, balcony or common balcony and either City or street views. The Exterior is just freshly painted. Recent Intensive Upgrades include Earthquake Retrofit, replacing sewer lines, new doors at the two entrance areas, adding 2 more parking spaces and meticulous renovations in 4 units with modern kitchens and high-quality finishes. New A/C for 6 units, Stoves for 8 units, and Stacked Laundry for 4 Units were installed in units. 4% RSO rent increase is scheduled on 2/1/2025. Given the property is fully occupied, it suggests steady cash flow with potential for rental income growth. 21 parking spaces with 10 CCTV security and 2 Storages (extra income) are offered. Separate gas and electric meters. Built in 1963, this well-maintained 3-story property sits on a quiet corner at 4th St and Oxford Ave, just a block East of Western Ave. This is a prime rental area of Los Angeles teeming with countless businesses, markets, restaurants, cafes, schools, banks, shopping, theaters, high-rise buildings, and convenient access to Metro and Bus stations. This subject property is in the heart of Koreatown, where you can experience the trendy Korean food and K-Pop. This is in close proximate to Hancock Park, Larchmont Village, Hollywood, DTLA, and offers easy access to Fwy 101.
Property Details
Property Features
Property Information:
Year Built: 1963
Stories: 3
Living Area: 12,776 SqFt
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Sunhee Kilmer
Interior Features
Interior Information:
Appliances: Dryer, Washer
Flooring Type: Laminate, Tile
Bedroom and Bathroom Information:
Total Bedroom Count: 20
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights, Trees/Woods
Parking Information:
Garage Space: 5 spaces
Parking: Assigned
Virtual/3D Tour
Virtual Tour: 4171 W 4th St
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Lot Features
Lot Information:
Lot Size: 0.21 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: North of Wilshire Blvd and East of Western Ave
Price Information
Listing Price Info
Price Summary:
List Price: $3,888,000
Price Per SqFt: $304/SqFt
Tax Information:
Annual Amount: $40,468
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.8M more than the Median Sold Price and $337/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24457563
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Sunhee Kilmer
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 28, 2019
Feb 28, 2019Home Sold
$3,200,000
Jul 05, 2007
Jul 05, 2007Home Sold
$2,150,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$40,468
$3,297,814
2020
$7,994
$3,264,000
2019
$31,219
$2,531,613
2018
$30,519
$2,481,974
2017
$30,519
$2,433,308
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Kim Elementary School
225 S Oxford Ave
Distance between this listing and this school0.21 miles
Public District Grades KG-5
6
/10
Cahuenga Elementary School
220 S Hobart Blvd
Distance between this listing and this school0.26 miles
Public District Grades KG-5
8
/10
Wilshire Park Elementary
4063 Ingraham St
Distance between this listing and this school0.66 miles
Public District Grades KG-5
Nearby Schools
3
/10
Young Oak Kim Academy
615 Shatto Pl
Distance between this listing and this school1.03 miles
Public District Grades 6-8
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school1.04 miles
Public District Grades 6-8
3
/10
Camino Nuevo Charter Academy #2
3400 W 3rd St
Distance between this listing and this school1.06 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
RFK Community Schools - UCLA Community School
700 S Mariposa Ave
Distance between this listing and this school0.76 miles
Public District Grades KG-12
4
/10
RFK Community Schools - Ambassador School of Global Leadership
701 S Catalina St
Distance between this listing and this school0.80 miles
Public District Grades 6-12
4
/10
RFK Community Schools - Los Angeles High School of the Arts
701 S Catalina St
Distance between this listing and this school0.80 miles
The neighbors living near this home have an average income of $34,452. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4171 W 4th St
What is the listing price of this property?
The listing price of 4171 W 4th St property is $3,888,000.
What type of property is this?
The property 4171 W 4th St is a house located in Los Angeles, California, 90020.
Is this property for sale now?
Active Listing: 4171 W 4th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $40,468 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 28, 2019 for $3,200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4171 W 4th St has 20 bedrooms and 22 bathrooms.
What is the square footage of this property?
The property 4171 W 4th St is 12,776 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4171 W 4th St is 1963.
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This home is located at 4171 W 4th St in Los Angeles, CA and zip code 90020 in the Central LA neighborhood. This 12,776 square foot home, which was built in 1963, sits on a 0.21 acre lot. Features: 20 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $3,888,000.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.