Property Detail
Description
***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 100 N KENMORE, 601 N ROSSMORE, 1311 INGRAHAM & 508 S HOBART*** 3333 W 4th St is a classic 65-unit, six-story prewar apartment building in Los Angeles, originally constructed in 1926. The property showcases the scale and architectural detail characteristic of its era, featuring a large, welcoming lobby, elevator service, and numerous preserved period elements that give the building a distinctive identity. Its facade and common areas reflect true 1920s craftsmanship, offering a sense of character and permanence that differentiates it from more contemporary assets. The unit mix consists primarily of spacious studios and one-bedroom apartments averaging approximately 650 square feet. Residences are well-proportioned, with high ceilings, hardwood floors, and large windows that provide strong natural light. Many units retain original details while incorporating functional updates, creating attractive living spaces that appeal to today's renters seeking charm and authenticity in a central location. Situated in the Wilshire Center-Koreatown neighborhood of Los Angeles, the property benefits from a highly central setting with excellent walkability and strong access to public transportation, including nearby Metro rail and bus lines that connect efficiently to Downtown Los Angeles, Hollywood, and major employment centers. Koreatown remains one of the city's most active and supply-constrained rental submarkets, supported by a dense mix of dining, nightlife, and cultural destinations that continue to attract a broad tenant base. From an investment perspective, 3333 W 4th St presents a compelling value-add opportunity. Current rents are below market in several instances, providing meaningful rental upside through strategic unit renovations and improved management. In addition, the building offers clear opportunities to enhance common areas and elevate the resident experience. The expansive lobby, in particular, presents a unique opportunity for repositioning into a coworking lounge, shared workspace, or upgraded resident amenity area - features that align well with evolving tenant preferences in this submarket. With its scale, irreplaceable vintage architecture, and multiple pathways to increase income and modernize amenities, 3333 W 4th St offers investors the opportunity to unlock value while preserving a character-rich Los Angeles asset. Note: The subject property has been identified by LADBS as possibly subject to the city's non-ductile concrete retrofit program. Seller has retained an engineering firm to seek an exemption to this requirement. The results of this exemption request will be available in the coming weeks. Buyer is advised to do its own due diligence with respect to this potential condition.
Map Location
Listing provided courtesy of Robert Renshaw of REMAX COMMERCIAL & INVESTMENT REALTY. Last updated 2026-06-25 08:11:41.000000. Listing information © 2025 CRMLS.
Ever Eternity
CA DRE# 01794748
Contact Me
©2025. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Any correspondence from IDX pages are routed to Ever Eternity or one of their associates. Last updated .
© 2025 Ever San Diego - All rights Reserved. Privacy Policy | Sitemap
Powered by: 