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Triplex With Remodeled Vacant Unit

3445 E 4th St, Los Angeles, CA 90063

For Sale
$969,000

Residential Income, Traditional, Los Angeles, CA

Property Size2,422 SF
Lot Size0.14 Acres
Price / SF$400.08
Days on Market145

Property Features for 3445 E 4th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAC2
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bedroom 5, Bedroom 8, Bathroom 2, Bedroom 6, Bedroom 9, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking 3
Parking features Assigned, Covered
Directions East of Lorena St, North of 60 Fwy
Subdivision Boyle Heights
Standard status Active
APN 5179-013-045
Size 2,422 SF
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Utilities

Heating system Electric (Heating)
Cooling system Wall/Window Unit(s), Ceiling Fan(s)
Water source Public

Building Details

Year built 1953
Floors in Building 2
Number of units 3
Flooring type Vinyl
Architectural style Other
Listing Agency: The Collective Realty
Listed By: Jason Cruz · License #02138359
Added: Jun 18 Changed: Oct 25 Last Checked: Nov 9 at 5:06AM
MLS# 26850257

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This Los Angeles triplex contains 2,422 square feet on a 0.1374-acre lot and was built in 1953. The property includes a front duplex and a rear unit positioned behind it, with the rear residence offering private yard space. Two units are leased, and the third has been recently remodeled and is vacant, providing an owner-user configuration or an additional leasing option. Interior features include vinyl flooring, electric heating, wall/window unit cooling, and ceiling fans. Assigned, covered parking is also provided.

The property is located at 3445 E 4th St in Los Angeles, with access to the 60 freeway and DTLA. It is zoned LAC2 and receives public water service. The combination of existing occupancy, a remodeled vacant unit, and separated rear-unit placement supports both multifamily ownership and owner-occupancy use.

Key Highlights

  • Triplex with 2,422 square feet on a 0.1374‑acre lot
  • Two of three units are leased; the third unit is remodeled and vacant
  • Rear unit sits behind the front duplex and includes private yard space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,297
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,940 $845.9K
Cap Rate 7%
$604,243 $604.2K
Cap Rate 9%
$469,967 $470.0K
Market Conditions
NOI Build-Up for 2,422 SF
Gross rent
$65.4K $27.00/SF
− Vacancy
−$5.0K −$2.05/SF
EGI
$60.4K $24.95/SF
− OpEx
−$18.1K −$7.48/SF
NOI
$42.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,940
Cap Rate 7%
$604,243
Cap Rate 9%
$469,967

Alternative Uses

Best Use
Multifamily LT 5
$604.2K
$528.7K – $705.0K (±1% cap)
NOI $42,297 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$556.7K
$487.2K – $649.5K (±1% cap)
NOI $38,972 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$1.01M
$884.8K – $1.18M (±1% cap)
NOI $70,785 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,317
Businesses Nearby

Demographics for 90063, CA

50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

$461 Jul
$471 Aug
$475 Sep
$459 Oct

Properties on Market for Triplexes 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?
Triplex - Two units are leased, while a separate rear residence includes private yard space.
Where is this triplex located?
The property is located at 3445 E 4th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: Triplex with 2,422 square feet on a 0.1374‑acre lot; Two of three units are leased; the third unit is remodeled and vacant; Rear unit sits behind the front duplex and includes private yard space
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