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3007 E 4Th Street, Los Angeles, CA 90063

Property · 2 recorded sales since 2017

3007 E 4Th Street, Los Angeles, CA 90063 Sold January 2022 CRMLS
$835,000Sold January 2022

Listing Agent: Joel Nass (DRE #01954931) · Listing Office: Figure 8 Realty · Contact: 213-537-0114 · Bought with: Hugo Cervantes · Home Central Realty · MLS #21783002 · Source: CRMLS

4
Bedrooms
4
Bathrooms
2,507
Sq Ft
5,174 sqft
Lot Size
1926
Year Built
Property
Type
WallWindowUnits
Cooling
WallFurnace
Heating

About this property

3007 E 4thStreet is a mixed-use property located in the up and coming Boyle Height community, featuring 3 residential units and one commercial storefront, 100% occupied and paying rent during COVID. The property was built in 1926 on 5,174 square foot lot with 2,507 square feet of improvements including 2 1 bed+1bath units and 1 2bed+1bath standalone house. One of the one-bedroom units have been renovated and rented at market rate. The two-bedroom house was also recently renovated. Commercial unit lease ends in 2023 with plenty of room for upside for a new tenant. Other nearby amenities such as parks, grocery stores, and local eateries add to the desirability of this location for tenants. Given the rental upside future potential, this is a great investment for both first-time buyers and seasoned investors. High traffic area minutes from the Arts District, DTLA and Gold Line. Located in one of the city rapidly growing markets.

Listing description from the January 2022 sale, as reported to CRMLS.

Sale history

$835,000
Sold January 2022 · listed $850,000, orig. $895,000, on market September 2021 · MLS #21783002 · Source: CRMLS
Listing Agent: Joel Nass · Listing Office: Figure 8 Realty · Contact: 213-537-0114 · Bought with: Hugo Cervantes · Home Central Realty
$469,000
Sold July 2017 · listed $439,000, on market June 2017 · MLS #17236902 · Source: CRMLS
Listing Agent: Benjamin Foster · Listing Office: Ritz Properties, Inc. · Contact: 213-487-8711 · Bought with: David Gayl · Ritz Properties, Inc.
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