Four-Unit Multifamily
New
For Sale
$999,900
4207 S Flower St, Los Angeles, CA 90037
Built in 1913, this multifamily property is near USC, Exposition Park, and major Los Angeles destinations.
Property Size3,672 SF
Lot Size0.14 Acres
Price / SF$272.30
Days on Market6
Property Features for 4207 S Flower St
General Information
Standard status
Active
Size
3,672 SF
Lot size
0.14 Acres
Property subtype
MULTI_FAMILY
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
4
Building Details
Building Size
3,672 SF
Year Built
1913
Listing Agency:
Robert Pitts Luxury Estates
(310) 259-4137
Listed By:
Robert Pitts · License #00917764
Source:
Rochellemaize
Added: Aug 27
Changed: Aug 31
Last Checked: Aug 31 at 9:28PM
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 Robert Pitts Luxury Estates
Investment Insights
Based on property information with market context.
This four-unit multifamily property at 4207 S Flower St includes approximately 3,672 sqft of building area on a 6,004 sqft lot. Constructed in 1913, the asset provides a compact residential income configuration within a long-established Los Angeles setting.
The property is near USC, Exposition Park, the Coliseum, BMO Stadium, and Downtown LA. Transit and regional access include the Metro E Line and the 110 Freeway, connecting the property with surrounding institutions, destinations, and employment areas. Its four-unit layout supports multifamily residential use in a location oriented toward the USC and Exposition Park area.
The property is near USC, Exposition Park, the Coliseum, BMO Stadium, and Downtown LA. Transit and regional access include the Metro E Line and the 110 Freeway, connecting the property with surrounding institutions, destinations, and employment areas. Its four-unit layout supports multifamily residential use in a location oriented toward the USC and Exposition Park area.
Key Highlights
- Four‑unit multifamily property at 4207 S Flower St
- Approximately 3,672 sqft building on a 6,004 sqft lot
- Built in 1913
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,350
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,227,000
$1.2M
Cap Rate 7%
$876,429
$876.4K
Cap Rate 9%
$681,667
$681.7K
Market Conditions
NOI Build-Up for 3,672 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$89.9K $24.48/SF
− Vacancy
−$2.2K −$0.61/SF
EGI
$87.6K $23.87/SF
− OpEx
−$26.3K −$7.16/SF
NOI
$61.4K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,227,000
Cap Rate 7%
$876,429
Cap Rate 9%
$681,667
Alternative Uses
Best Use
Multifamily LT 5
$876.4K
$766.9K – $1.02M
NOI $61,350 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$779.0K
$681.6K – $908.8K
NOI $54,529 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,718 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,871
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Built in 1913, this multifamily property is near USC, Exposition Park, and major Los Angeles destinations.
Where is this quadplex located?
The property is located at 4207 S Flower St Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Four‑unit multifamily property at 4207 S Flower St; Approximately 3,672 sqft building on a 6,004 sqft lot; Built in 1913
