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Three-Unit Residential Income Property
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4621 Wesley Ave, Los Angeles, CA 90037

Three vacant, remodeled units sit on a large lot, consisting of a front house plus two rear cottages.

Property SizeContact for details
Lot Size7,500.00 Acres
Days on Market148

Property Features for 4621 Wesley Ave

General Information

Standard status Active
Lot size 7,500.00 Acres
Property subtype Multifamily
Zoning R3

Additional Details

Cap Rate 6%
Multifamily Units 3

Building Details

Year Renovated 2020
Tenancy Multi
Listing Agency: Maher Commercial Realty
Listed By: Oron Maher · License #CA 01299093
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 2:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maher Commercial Realty

Investment Insights

Based on property information with market context.

This three-unit residential income property includes a front unit that shows like a 5-bedroom, 3-bath house with a formal dining area and front yard, along with two rear 1-bedroom, 1-bath cottages. All three units are vacant and were remodeled in 2020, presenting a move-in-ready appearance.

The property is situated on a large 7,500 square foot lot. Zoning is R3, and the property is located in a TOC Tier 3 zone, which supports development and ADU potential. The lot also provides good backyard space for additional development.

The current setup offers three separate residential dwellings on one parcel and includes the flexibility of an owner-occupant or investor strategy, depending on how the units are used and rented.

Key Highlights

  • Three vacant, remodeled units on a large 7,500 sq ft lot: a front house plus two rear 1 bed/1 bath cottages
  • Front unit shows like a 5 bed/3 bath home with a formal dining area and front yard
  • Zoned R3 and located in a TOC tier 3 zone

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Acupuncture Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,508
Businesses Nearby

Demographics for 90037, CA

63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three vacant, remodeled units sit on a large lot, consisting of a front house plus two rear cottages.
Where is this triplex located?
The property is located at 4621 Wesley Ave Los Angeles, CA.
What are key features of this property?
This property features: Three vacant, remodeled units on a large 7,500 sq ft lot: a front house plus two rear 1 bed/1 bath cottages; Front unit shows like a 5 bed/3 bath home with a formal dining area and front yard; Zoned R3 and located in a TOC tier 3 zone
(310) 464-1453 Call to check price and availability
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