3559 E 4th, Los Angeles, California 90063, Los Angeles, 90063 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90063
This Value-Add Triplex presents a Prime Investment Opportunity with a List Price of $828,000—positioned well below the $854,734 Fair Market Value by 3%. This valuation gap offers $26,734 in Instant Equity for buyers. Despite a Condition Rating of 5 indicating deferred maintenance, the asset features separately metered utilities, a private deck, and a vacant upstairs unit for immediate market-rate income. Located near Garfield Senior High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3559 E 4th Subject | $828,000* List Price | 0 | 0 | 2,846 | $300 | - |
A 3496 E 4th Street Sold | $965,000 | 0 | 0 | 3,490 | $277 | 0.1 mi |
B 422 N Townsend Sold | $660,000 | 0 | 0 | 1,827 | $361 | 0.7 mi |
C 322 N Ditman Pending | $895,000 List Price | 0 | 0 | 2,694 | $332 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1930s triplex exhibits significant deferred maintenance and requires substantial rehabilitation. Interior photos show heavily stained and worn carpeting, outdated wall heaters, and aging kitchen cabinetry and flooring. The exterior features peeling paint on wood siding and weathered stucco, indicating a lack of recent major updates to the property's primary systems and finishes.
The upstairs unit is currently vacant, providing a rare opportunity for an owner-user to move in immediately or for an investor to secure market-rate rental income without tenant relocation delays.
Each unit is separately metered for gas and electricity, significantly reducing the owner's operating expenses as tenants are responsible for their own primary utility costs.
The property features a detached rear home with a private backyard and a front unit with a large private deck, offering the kind of outdoor space and privacy that commands premium rents in the Los Angeles market.
Originally constructed in 1930, the property may require more frequent maintenance or capital improvements to its aging structural and mechanical systems compared to newer builds.
Several of the assigned local schools carry lower performance ratings, which could potentially limit the pool of long-term family tenants seeking high-performing educational districts.
Triplex situated on a generous lot, offering excellent investment potential in the Los Angeles area. The front structure features two spacious 1-bedroom, 1-bath units, each with a living room, dining area, full kitchen, in-unit laundry, and ample storage. The upstairs unit includes a large private deck and dual entrances, enhancing both functionality and appeal. The rear unit is a detached 2-bedroom, 1 bath home, featuring a remodeled bathroom, along with a comfortable layout that includes a living room, dining area, kitchen, in-unit laundry, and private backyard. Each unit is separately metered with its own electrical panel and gas meter, providing added convenience and efficiency. Parking is well allocated, with one space for each front unit and two spaces for the rear home. The upstairs unit is currently vacant, offering immediate potential for owner occupancy or market-rate rental income, while the other two units are occupied on a month-to-month basis. All units are properly registered. Tenants pay their own utilities; owner covers water.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-2 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,846 | 1,946 | 80% |
| Lot Size | 6,010 | 5,686 | 55% |
| Price | $828.0K | $764.5K | 60% |
| Price per sq ft | $291 | $373 | 20% |
| Built year | 1930 | 1923 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 218 | 5% |
Mar 25, 2026
$828,000
Initial Listing