4245 Wall ST new

Los Angeles,CA 90011

$ 799000

- Bed

- Bath

- SqFt


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

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