1666 La Fayette 4, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90019
This Quadruplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at $1,600,000—positioned well above the $1,298,888 Fair Market Value by 23%. While the property requires significant capital expenditure due to its Poor Condition Rating, the Mid-Wilshire location offers immense rental demand near LACMA and the Miracle Mile. This value-add acquisition requires a comprehensive renovation of aging infrastructure to maximize cash flow. This project is best suited for Buy-and-Hold Investors or Experienced Developers capable of executing a full-scale repositioning strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1666 La Fayette 4 Subject | $1,600,000* List Price | 0 | 0 | 2,906 | $447 | - |
A 1100 S Highland Avenue Sold | $1,175,000 | 0 | 0 | 2,976 | $395 | 0.8 mi |
B 2625 W 17th Active | $1,599,000 List Price | 0 | 0 | 2,893 | $553 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939 (87 years old) with no recorded renovations, this property falls into the poor category as it likely requires a full rehab. The exterior shows aged stucco and cracked pavement, while window AC units indicate a lack of modern central HVAC. The listing's heavy focus on location and the 'bring all offers' call to action suggest the interior systems, kitchen, and baths are significantly outdated.
Situated in the heart of Mid-Wilshire, the property is minutes from world-class landmarks like LACMA and the Miracle Mile, ensuring high desirability and tenant demand.
As a quadruplex in a high-density rental market, this residential income property offers a significant opportunity for consistent cash flow and long-term appreciation.
Located on a quiet residential street, the property provides a peaceful living environment while maintaining immediate proximity to the dining and nightlife of Koreatown and Little Ethiopia.
Built in 1939, the property likely requires substantial capital investment for modernizing aging systems, including plumbing, electrical, and potential seismic retrofitting.
With a lot size of approximately 5,056 square feet for four units, there is limited space for tenant parking and outdoor amenities, which may impact premium rental rates.
Bring all offers! Excellent location on a quiet residential street much of the neighborhood is residential, incorporating everything from suburban single-family homes with manicured lawns to ultra-modern apartments and condos in the thick of it all. The location is just a couple of minutes west of downtown LA, Mid-Wilshire is one of the city’s most popular areas for art, food, and shopping. The wild architecture of the Petersen Museum is the most distinctive landmark, and other must-see attractions include the Los Angeles County Museum of Art, the Pavilion for Japanese Art, and the La Brea Tar Pits and Museum, which are all within one block of one another. The famous Miracle Mile shopping district anchors the community, with numerous office buildings, eclectic eateries, convenient shops, and the historic El Rey Theatre. Foodies swear by the cafes of Little Ethiopia, and the gastronomic wonderland of Koreatown is just a few blocks away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,906 | 2,250 |
| Lot Size | 5,056 | 5,864 |
| Price | $1.60M | $826.7K |
| Price per sq ft | $551 | $395 |
| Built year | 1939 | 1925 |
| HOA | $0 | $0 |
| Days on market | 47 | 83 |
Jun 5, 2026
$1,600,000
Initial Listing
Feb 16, 2000
$211,500
Public Record