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1340 W 4TH St

Los Angeles, CA 90017
  • $4,400,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 22-117189
UPDATED: 72 min ago
$4,400,000
  • 30
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,503
    SQFT
  • $383
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2005
County:

School Ratings & Info

Description

The 4th Street Lofts is a ten-unit apartment building constructed in 2005 in a location just west of downtown Los Angeles. The property features four levels of apartments over a level of on-grade parking. The fourth floor features two units that are large one-bedroom penthouses plus a rooftop terrace with a barbecue area and spa. The 3rd floor consists of five units that are two story lofts featuring one- and one-half bathrooms. The 2nd level features three one-bedroom apartments. The property is individually metered for gas and electricity and serviced by one elevator and two staircases. The ground level features a small lobby and fourteen secured parking spaces. The fully secured property is serviced by two staircases and one elevator. The property features incredible 360-degree views of the Downtown LA skyline and Hollywood. The units offer bright, and light filled interiors with floor to ceiling loft-style windows, 9'-18' ceilings and individual balconies, maple wood kitchen cabinets and upgraded stainless-steel appliances, walk-in closets with mirrors, and a washer / dryer in each unit. As the property was constructed in 2005, it is exempt from the city of Los Angeles rent stabilization ordinance, otherwise known as Los Angeles rent control.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-20T23:42:32.263. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/124597091
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1340 W 4TH St Los Angeles, CA 90017

  • Price: $4,400,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 72 min ago
  • MLS #: 22-117189
30
Beds
0
Baths
0
½ Baths
0.19
Acres
11,503
SQFT
$383
$/SQFT
2005
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
The 4th Street Lofts is a ten-unit apartment building constructed in 2005 in a location just west of downtown Los Angeles. The property features four levels of apartments over a level of on-grade parking. The fourth floor features two units that are large one-bedroom penthouses plus a rooftop terrace with a barbecue area and spa. The 3rd floor consists of five units that are two story lofts featuring one- and one-half bathrooms. The 2nd level features three one-bedroom apartments. The property is individually metered for gas and electricity and serviced by one elevator and two staircases. The ground level features a small lobby and fourteen secured parking spaces. The fully secured property is serviced by two staircases and one elevator. The property features incredible 360-degree views of the Downtown LA skyline and Hollywood. The units offer bright, and light filled interiors with floor to ceiling loft-style windows, 9'-18' ceilings and individual balconies, maple wood kitchen cabinets and upgraded stainless-steel appliances, walk-in closets with mirrors, and a washer / dryer in each unit. As the property was constructed in 2005, it is exempt from the city of Los Angeles rent stabilization ordinance, otherwise known as Los Angeles rent control.
Exterior Features

Lot Size Area 8091 Other Structures None Parking Garage Covered Parking Total Parking 0

Interior Features

Baths Total 20.00 Cooling Air Conditioning Den No Dining Room No Equipment WasherDryerMicrowaveRange/OvenRefrigerator Family Room No Heating Wall Rooms Loft

Property Features

Assessed Total Value 2249902 Gross Income 276552 Gross Operating Income 283392 Like Units1 3 Like Units2 5 Like Units3 2 Net Operating Income 169911.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 106641 Type Of Units 10 Year Built Source Owner Zoning Lacw

Listing provided courtesy of Brent Sprenkle DRE#01290116 of Berkadia.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-20T23:42:32.263. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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