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  • 3249 E 4Th

3249 E 4th, Los Angeles, CA 90063

$985,000 Approx. USD 8 beds, 4 baths
3,288 sqft

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
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Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Listing Agent


BRIAN NGOY | brian@pgiestates.com
Lic#: 01821280
Broker: Courtesy of Real Brokerage Technologies
Phone: 626-773-8181

Agent Remarks

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 ($57,214 annual to approximately $105,600 annual. 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 pride of ownership, and offers significant rental upside potential.

Listing Details

Property type: Quadruplex (Single Family)
Status: Active
MLS# WS26189528
Price: $985,000
HOA Fee is $0.00
Beds: 8
Baths: 4 (4 full)
None fireplaces
Built in 1963
3,288 sqft
1 story
0.11 acres
Lot size: 0.1142
County: Los Angeles
Interior features: All Bedrooms Down
Lot description: ZeroToOneUnitAcre,Paved
Heating/cooling: Wall/Window Unit(s)
MLS area: BOYH - Boyle Heights

Last Updated: 8/30/2026

 Days On Market (DOM): 7

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This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.035248, -118.199015.
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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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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com

San Diego Central Office
2355 Northside Drive, Suite 180
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