2611 E 4th Street, Los Angeles, CA 90033 - Berkshire Hathaway HomeServices California Properties

2611 E 4th Street, Los Angeles, CA 90033

$2,695,000 Approx. USD 19 beds, 11 baths
7,331 sqft

Listing Agent


Ken Shapiro | kenhshapiro@gmail.com
Lic#: 01715663
Broker: Courtesy of Silverwood Properties

Agent Remarks

I challenge you to find any multi-family these days in City of L.A. that has a true cap rate of 6.67 and a gross rent multiplier of 11.97. Never mind one that is brand new construction, in a good location, with ample parking and amenities such as rooftop decks with mountain views. Yet that is exactly what you are getting here at 2611 E 4th St! The rooftop decks, by the way, have proven to be a huge amenity, as they allow the tenant to entertain on a large scale in a highly aesthetic setting without disturbing other tenants on the premises. Delivered vacant, your tenants will be thrilled to pay the rents listed here, in dwellings that include very attractive finishes and layouts, all standard amenities including central heat and air, dishwasher and appliances. Also in unit laundry in each unit (washer/dryer not provided - hookups only.) All but one of the units will enjoy two car parking. As far as location, this property is a mile away from the 4th St Bridge that takes one right into the Art District, Little Tokyo and all other downtown venues. Not to mention that Boyle Hts itself, particularly this section of Boyle Hts, is truly burgeoning into one of LA's most charming and flourishing neighborhoods, in leaps and bounds. And this property is right in the thick of it all. Bottom line - as a landlord/property owner, you will thoroughly enjoy owning a property which not only cash flows, but will give you no headaches or unexpected expenses, being a brand new construction property, and tons of upside. Oh yes, forgot to mention that tenants pay for ALL utilities including water and trash. Oh, and one other very important thing - I have a lender who will give 30 yr fixed financing despite the fact the property is 5 units! Oh, and of course you can come see the property anytime. Looking forward to seeing you!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24465335
List price is $2,695,000 Reduced by $200,000 on 3/7/2025
Price: $2,695,000
Beds: 19
Baths: 11
Built in 2023
7,331 sqft
0.14 acres
Lot size: 0.1434
County: Los Angeles
Property style: Contemporary
Zoning: LAC1
Appliances: Dishwasher,Refrigerator
Parking description: Carport,Garage,Gated,Tandem
Heating/cooling: Central Air
Heating description: Central
MLS area: BOYH - Boyle Heights

Last Updated: 5/11/2025

 Days On Market (DOM): 245

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This listing belongs to the BOYH - Boyle Heights MLS area

The style of this listing is Contemporary.
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Lat/Long: 34.039573, -118.208717.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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