4203 Council Street, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
4203 Council Street,Los Angeles, CA 90004
$5,095,000
  • 18 Beds
  • 18 Baths
  • 8,678 sq. ft.
  • Multi-family
  • Active
Listed by: nick astrupgaard, rich johns
Office: kw commercial studio city818-432-1500
MLS#:26986945
Source:CRMLS

Price summary

  • Price:$5,095,000
  • Price per sq. ft.:$587.12

About this home

3rd Price Reduction! Fully renovated 18-unit apartment building delivering an attractive 8% Cap Rate from day one. This offering provides investors with the opportunity to acquire a turnkey, premium asset with strong in-place income. 16 fully renovated units from the studs in 2023 with permits, along with 2 brand-new detached ADUs (Not subject to RSO) constructed in 2024. The unit mix includes eighteen (18) spacious and well-designed one-bedroom, one-bathroom apartments totaling approximately 8,677 square feet of improvements on a 7,700 square foot LAR3-zoned lot. The property is separately metered for gas and electricity to further minimize the operating expenses. Ownership has completed a comprehensive, permitted renovation, including a new roof, upgraded plumbing and electrical systems, a new panel and wiring, updated HVAC systems, and new windows throughout. Interiors feature new wood flooring, modern lighting, and fully upgraded kitchens and bathrooms with new cabinetry,...

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Home facts

  • Year built:1923
  • Listing ID #:26986945
  • Added:50 day(s) ago
  • Updated:October 06, 2026 at 08:26 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:18
  • Living area:8,678 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:8,678 sq. ft.
  • Lot area:0.18 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,095,000
  • Price per sq. ft.:$587.12

Parking

  • Parking description:On Street
Based on information from California Regional Multiple Listing Service, Inc. as of October 31, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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