Home | Los Angeles County | Los Angeles | 90063 | 3249 E 4th St
MLS: CRWS26189594 | Status: Active | Price: $985,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 4,975 | 1963 |
Exceptional 4-UNIT BOYLE HEIGHTS INVESTMENT — $985,000 / APPROX. $299 PER SF and just $246,250 per existing unit! There is potential for 46% more gross rental income and 7.0% stabilized cap at the $985K asking price. Current rents totaling approximately $4,767.80 per month with upside to $8,800 per month. That increases the gross scheduled rent from $57,214/year to approximately $105,600/year, an increase of roughly $48,386 annually. The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 10.15% cap rate at $985,000. The seller has completed substantial capital improvements during ownership, including a copper plumbing re-pipe approximately six years ago, upgraded electrical panel, exterior painting, roof maintenance, replacement of two tank-style water heaters and remodeled bathrooms in two units. The property has four separate electric meters and four separate gas meters. The major systems are set and ready to go. Overall, the property has been well maintained, reflecting prid
| Field | Value |
|---|---|
| MLS # | CRWS26189594 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Garage: 3 Car(s) |
| HOA Fee | $0 |
BRIAN NGOY
Real Brokerage Technologies
License #: 01821280
Phone: (626) 773-8181
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 3942 Gleason St | $925,000 | – | – | – | PendingDoNotShow |
| 2057 N Eastern | $949,999 | – | – | – | Active |
| 2627 Pomeroy Ave | $839,900 | – | – | – | Active |
| 1815 E 3rd | $965,990 | – | – | – | Active |
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This listing information is up-to-date as of August 30, 2026. For the most current information, please contact BRIAN NGOY, (626) 773-8181.