
Los Angeles, California 90063
This Triplex Residential Asset represents a Strong Value Opportunity, listed at $969,000—positioned well below the $959,857 Fair Market Value by -0.95%. While the property is priced at market, it offers significant upside through its remodeled vacant unit and private yard space. With a Condition Rating of 3, the property provides stable rental income alongside immediate occupancy potential for an owner-user. Its strategic proximity to DTLA and the 60 freeway ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3445 E 4th Street Subject 9 bd · 3 ba · 2,422 sqft · $396 | $969,000* List Price | 9 | 3 | 2,422 | $396 | - |
A 826 N Rowan Avenue Pending 0 bd · 0 ba · 1,893 sqft · $462 · 1.0 mi | $875,000 List Price | 0 | 0 | 1,893 | $462 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1953, the property features a recently remodeled vacant unit with modern shaker cabinets and new flooring. The overall triplex is described as well-maintained and move-in ready, though the presence of window AC units indicates older mechanical systems.
The property features a vacant, recently remodeled unit perfect for an owner-occupant looking to offset their mortgage or an investor seeking to capture immediate market-rate rent alongside existing stable income.
Located in the high-demand Boyle Heights area with immediate access to the 60 freeway and Downtown Los Angeles, ensuring consistently low vacancy rates and strong long-term appreciation.
The rear unit is situated well behind the front duplex and includes its own private yard space, providing a detached feel and premium outdoor amenities that command higher rental value.
With nine bedrooms across three units on a 5,987 sqft lot, the property may face significant parking constraints for tenants, a common issue in this densely populated neighborhood.
Originally built in 1953, the property likely requires ongoing maintenance or capital expenditures for aging systems such as plumbing and electrical that may not have been fully updated during the single-unit remodel.
Exceptional investment opportunity in a prime location with easy access to the 60 freeway and DTLA. 3445 E. 4th Street is a well-maintained triplex offering the perfect blend of immediate cash flow and upside potential. Two of the three units are currently leased, providing stable rental income from day one, while the third unit has been recently remodeled and is vacant -- ideal for an owner-user or an investor looking to maximize returns by leasing at current market rents. The property's unique layout enhances its appeal, with the rear unit situated well behind the front duplex and featuring its own private yard space. This separation creates a more private living environment and highlights the property's strong owner-user potential, whether occupying the vacant unit today or planning for future occupancy. Whether you're looking to offset your mortgage by living in one unit or add a strong-performing asset to your portfolio, this property offers flexibility and value. With a remodeled vacant unit, existing rental income, and future rent growth potential, 3445 E. 4th Street presents a rare opportunity for both investors and owner-occupants alike.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 9.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,422 | 1,670.836 |
| Lot Size | 5,987 | 6,152.156 |
| Price | $969.0K | $1.34M |
| Price per sq ft | $400 | $807 |
| Built year | 1953 | 1941 |
| HOA | $0 | $238 |
| Days on market | 144 | 56 |
Aug 21, 2026
$969,000
$990,000
-2% Price Drop
Initial Listing
Jul 17, 2026
$990,000
$1,025,000
-3% Price Drop
Initial Listing
Jun 18, 2026
$1,025,000
Initial Listing
Jul 10, 2025
$940,000
Public Record
Oct 20, 2017
$775,000
Public Record
Jun 1, 2017
$525,000
Public Record