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Four-Unit Apartment Property with Garages
For Sale
$1,349,999

2022 4th Ave, Los Angeles, CA 90018

One residence is vacant, while three occupied units provide existing rental income.

Property Size4,662 SF
Lot Size0.16 Acres
Price / SF$289.58
Days on Market47

Property Features for 2022 4th Ave

General Information

Standard status Active
Size 4,662 SF
Total Parking Spaces 4
Lot size 0.16 Acres
Property subtype Investment
Occupancy 75%
Lease Term Month-to-month

Site & Location

Neighborhood Arlington Heights
Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Amenities

in-unit laundry hookups
gated frontage

Building Details

Building Size 4,662 SF
Year Built 1918
Buildings 1
Stories 2
Units 4
Tenancy Multi
Listing Agency: Smart Real Estate Solutions
Listed By: Felix Hung · License #01876487
Source: Elliman
Added: Sep 10 Changed: Oct 25 Last Checked: Oct 26 at 4:34PM

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 Smart Real Estate Solutions

Rey
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Investment Insights

Based on property information with market context.

The four-unit property at 2022 4th Ave includes approximately 4,662 square feet of living area on an approximately 7,000 square foot lot. The unit mix consists of two 2-bedroom residences and two 1-bedroom residences, with approximately 1,165 square feet per unit plus bonus space. One 2-bedroom unit is vacant and includes expansive living and dining areas, updated flooring, a spacious kitchen, approximately 1.75 baths, and laundry hookups. Three units are occupied. Gas and electricity are separately metered for each residence.

Site improvements include four detached garage spaces, additional off-street parking, gated frontage, and a sizable rear parking area. The property is near Koreatown, USC, Downtown Los Angeles, employment centers, dining, shopping, public transportation, and the 10 Freeway. WalkScore is 55, TransitScore is 52, and BikeScore is 66. Constructed in 1918, the property offers a four-unit residential configuration in Mid Los Angeles.

Key Highlights

  • Approximately 4,662 SF of living area on an approximately 7,000 SF lot
  • Unit mix includes two 2‑bedroom and two 1‑bedroom residences
  • One 2‑bedroom unit delivered vacant; three units are occupied

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,704
Businesses Nearby

Demographics for 90018, CA

50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - One residence is vacant, while three occupied units provide existing rental income.
Where is this quadplex located?
The property is located at 2022 4th Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,349,999.
What are key features of this property?
This property features: Approximately 4,662 SF of living area on an approximately 7,000 SF lot; Unit mix includes two 2‑bedroom and two 1‑bedroom residences; One 2‑bedroom unit delivered vacant; three units are occupied
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