1344 W 4th St, Los Angeles, CA, 90017
About This Home
Renovated 20-unit apartment building cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 10% Cap Rate after taking into account all constructions costs (~312k assuming $340/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Almost every single unit (95%) has been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers an on-site laundry room, which could be re-opened to generate additional income. Located in the heart of Westlake, just steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.
Getting Around
Walker's Paradise
Rider's Paradise
BikeableSchools
Construction
Condition
- Year built: 1922
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bathrooms: 20
Heating & Cooling
- Heating features: Wall
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 7,700
- Total interior livable area: 7,700 sqft
Property
Details
- Parcel number: 5152003013
- Zoning: LACW
- Special condition: Standard
- Other equipment: None
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 5,414 sqft
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $21,490 | $257,880 |
| Home Insurance * | $920 | $11,040 |
| Property Taxes | $2,372 | $28,464 |
| Electricity | $1,651 | $19,813 |
| Total | $26,433 | $317,196 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-09 | Listed for rent | $1,295 |
| 2026-05-09 | Listing removed | $1,295 |
| 2026-05-06 | Listed for sale | $4,449,000 |
| 2026-05-03 | Listed for rent | $1,295 |
| 2026-05-02 | Listing removed | $1,295 |
| 2026-04-25 | Listed for rent | $1,295 |
| 2026-04-25 | Listing removed | $1,295 |
| 2026-04-19 | Listed for rent | $1,295 |
| 2026-04-18 | Listing removed | $1,295 |
| 2026-04-15 | Listed for rent | $1,295 |
| 2026-04-11 | Listing removed | $1,295 |
| 2026-03-25 | Listed for rent | $1,295 |
| 2026-03-24 | Listing removed | $1,295 |
| 2026-03-18 | Listed for rent | $1,295 |
| 2026-03-17 | Listing removed | $1,395 |
| 2026-03-15 | Listed for rent | $1,395 |
| 2026-03-14 | Listing removed | $1,395 |
| 2026-03-08 | Listed for rent | $1,395 |
| 2026-03-07 | Listing removed | $1,395 |
| 2026-02-15 | Listed for rent | $1,395 |
| 2026-02-14 | Listing removed | $1,395 |
| 2026-02-11 | Listed for rent | $1,395 |
| 2026-02-10 | Listing removed | $1,395 |
| 2026-02-04 | Listed for rent | $1,395 |
| 2026-02-03 | Listing removed | $1,395 |
| 2024-04-03 | Sold | $2,300,000 |
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