4230 Wall Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$980,000
4230 Wall Street, Los Angeles, California 90011
0Bed
0Bath
3,512Sqft
3,500Lot
Year Built
1912
Close
-
List price
$980K
Original List price
$980K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC24226341
Home ConditionFair
Features
View-
About this home
This is an outstanding investment opportunity with four units generating nearly $5,000 in monthly rent. Ideal for both new and experienced investors seeking to diversify their portfolios, this fenced-in quadruplex features four 2-bedroom, 1-bath units, each approximately 875 square feet. The property offers a total interior space of 3,512 square feet on a low-maintenance 3,500 square foot lot, making upkeep simple and efficient. With reliable long-term tenants and a prime location near the Staples Center, LA Live, Downtown LA, and convenient access to the I-110 and I-10 freeways, this property promises strong investment potential.
Nearby schools
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.3mi
3/10
Trinity Street Elementary School
Public,•K-5•0.4mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.5mi
/10
Maple Primary Center
Public,•K-1•0.6mi
2/10
Harmony Elementary School
Public,•K-5•0.7mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.8mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.8mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.9mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.0mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.0mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.1mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.3mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.5mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.6mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.8mi
2/10
John W. Mack Elementary School
Public,•K-5•1.9mi
4/10
Norwood Street Elementary School
Public,•K-5•2.0mi
3/10
George Washington Carver Middle School
Public,•6-8•0.6mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.9mi
4/10
John Adams Middle School
Public,•6-8•1.1mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.4mi
2/10
John Muir Middle School
Public,•6-8•1.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.2mi
3/10
Manual Arts Senior High School
Public,•9-12•1.2mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.2mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.2mi
5/10
Santee Education Complex
Public,•9-12•1.6mi
4/10
West Adams Preparatory High School
Public,•9-12•2.5mi
Price History
Date
Event
Price
11/16/17
Sold
$620,000
03/14/14
Sold
$460,000
05/11/09
Sold
$286,000
10/29/04
Sold
$450,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,512 | 1,988 | 92% |
| Lot Size | 3,500 | 5,363 | 8% |
| Price | $980K | $710K | 88% |
| Price per square foot | $279 | $348 | 16% |
| Built year | 1912 | 1922 | 40% |
| HOA | |||
| Days on market | 368 | 167 | 96% |
Condition Rating
Fair
The property was built in 1912. The description mentions reliable long-term tenants, suggesting the units are functional but likely outdated. The exterior image shows a building that appears aged, indicating it requires minor updates or repairs. Given the age, it's unlikely to have had a major renovation in the last 15 years.
Pros & Cons
Pros
Income Potential: The property generates nearly $5,000 in monthly rent, offering immediate income for investors.
Prime Location: Located near Staples Center, LA Live, Downtown LA, and with easy access to I-110 and I-10 freeways, enhancing tenant appeal and property value.
Low Maintenance: The 3,500 sqft lot size and fenced-in quadruplex design contribute to simple and efficient upkeep.
Cons
Year Built: The property was built in 1912, potentially requiring updates to meet modern standards and codes.
Lot Size: The lot size is relatively small, which may limit future expansion or development opportunities.