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4245 Wall ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25146499
HOA Y/N No
Year Built 1913
Lot Size 7,126 Sqft
Lot Dimensions Assessor
Property Sub-Type Apartment
Property Description
4245 Wall Street offers a well-located 4-unit investment opportunity in the heart of Historic South Central Los Angeles, combining strong in-place income with additional upside. Situated on a 7,125 SF lot, the property features three separate buildings totaling nearly 3,000 rentable square feet—providing both functionality and flexibility for long-term investors.
The front duplex was newly constructed in 2023 and is completely turnkey, featuring (1) 2-bedroom, 1.5-bath unit and (1) 1-bedroom, 1-bath unit—offering low-maintenance ownership and modern finishes. The rear two buildings, built in 1913, consist of (2) 1-bedroom, 1-bath units and provide solid income with potential for future improvements. The property also offers five convenient driveway parking spaces.
With a current 5.00% CAP rate and a projected 7.69% market CAP, the property presents a compelling mix of cash flow and upside.
Centrally located near USC, Downtown LA, and major freeways, 4245 Wall Street is well positioned for sustained rental demand and long-term value in one of Los Angeles' most accessible neighborhoods.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5113032034
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard