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Prewar 65-Unit Apartment Building

3333 W 4th St, Los Angeles, CA 90020

For Sale
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Pending

Six-story 1926 building with studios and one-bedrooms, elevator service, and a large lobby in Koreatown.

Property Size62,532 SF
Days on Market146

Property Features for 3333 W 4th St

General Information

Standard status Pending
Size 62,532 SF
Property subtype Multifamily
Zoning LAR4
Occupancy 88%
Investment Type Value Add
Net Operating Income $577,506

Site & Location

Neighborhood Boyle Heights

Additional Details

Multifamily Units 65

Building Details

Year Built 1926
Buildings 1
Stories 6
Units 65
Tenancy Multi
Listing Agency: Taksa Investment Group
Listed By: Jonathan Taksa · License CA #01366169
Source: Crexi
Added: Jun 22 Changed: Nov 8 Last Checked: Nov 14 at 5:37AM

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 Taksa Investment Group

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Investment Insights

Based on property information with market context.

3333 W 4th St is a classic 65-unit, six-story prewar apartment building originally constructed in 1926. The property features a large, welcoming lobby, elevator service, and preserved period elements throughout common areas, reflecting the architectural craftsmanship of the era. Apartments are primarily spacious studios and one-bedroom residences, with high ceilings, hardwood floors, and large windows that support strong natural light. Many units retain original details while including functional updates, helping balance vintage character with everyday livability.

Located in Wilshire Center–Koreatown, the building is positioned in a highly central setting with strong walkability and convenient public transportation access, including nearby Metro rail and bus lines that connect efficiently to Downtown Los Angeles, Hollywood, and major employment centers.

For buyers and operators, the building’s unit count and vintage design create a practical platform for modernization and improved resident experience. The offering notes that current rents are below market in several instances, along with opportunities to enhance common areas, including the expansive lobby, which could support repositioning into a coworking lounge, shared workspace, or upgraded resident amenity area. This combination of scale, irreplaceable prewar character, and clear renovation pathways may appeal to those looking to preserve a distinct Los Angeles asset while refreshing it for today’s tenants.

Key Highlights

  • 65‑unit, six‑story apartment building originally constructed in 1926 at 3333 W 4th St
  • Unit mix primarily spacious studios and 1‑bedroom apartments averaging about 650 SF
  • Features a large welcoming lobby plus elevator service

Property Analytics

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Lease Details

65
Residential units

Location Intelligence

Trade Area within ½ mile

1,317
Businesses Nearby

Demographics for 90020, CA

38,694
Population
19,119
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
35,176
Density / Sq Mi
$55,832
Median Household Income
$37,718
Median Earnings
$1,734
Median Rent
$826,500
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

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?
Apartment building - Six-story 1926 building with studios and one-bedrooms, elevator service, and a large lobby in Koreatown.
Where is this apartment building located?
The property is located at 3333 W 4th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $9,200,000.
What are key features of this property?
This property features: 65‑unit, six‑story apartment building originally constructed in 1926 at 3333 W 4th St; Unit mix primarily spacious studios and 1‑bedroom apartments averaging about 650 SF; Features a large welcoming lobby plus elevator service
(310) 968-5303 Call to check price and availability
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