Listed by BRIAN NGOY, Real Brokerage Technologies, (619) 248-6434
$985,000
- 8 Beds
- 4 Baths
- 3,288 sqft
3249 E 4th St, Los Angeles, CA 90063
Est. Mortgage $6,092/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 83% nearby.
Home Highlights
Property Type
Multi-Family
Year Built
1963
Price/Sqft
$300
Parking
Garage
HOA
None
Local Information
-- mins to
About this House
Exceptional 4-UNIT BOYLE HEIGHTS INVESTMENT — $985,000 / APPROX. $299 PER SF and just $246,250 per existing unit! There is potential for 46% more gross rental income and 7.0% stabilized cap at the $985K asking price. Current rents totaling approximately $4,767.80 per month with upside to $8,800 per month. That increases the gross scheduled rent ($57,214 annual to approximately $105,600 annual. An increase of roughly $48,386 annually.
The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 10.15% cap rate at $985,000.
The seller has completed substantial capital improvements during ownership, including a copper plumbing re-pipe approximately six years ago, upgraded electrical panel, exterior painting, roof maintenance, replacement of two tank-style water heaters and remodeled bathrooms in two units. The property has four separate electric meters and four separate gas meters. The major systems are set and ready to go. Overall, the property has been well maintained, reflecting pride of ownership, and offers significant rental upside potential.
The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 10.15% cap rate at $985,000.
The seller has completed substantial capital improvements during ownership, including a copper plumbing re-pipe approximately six years ago, upgraded electrical panel, exterior painting, roof maintenance, replacement of two tank-style water heaters and remodeled bathrooms in two units. The property has four separate electric meters and four separate gas meters. The major systems are set and ready to go. Overall, the property has been well maintained, reflecting pride of ownership, and offers significant rental upside potential.
We estimate this home will sell faster than 83% nearby.
Home Details for 3249 E 4th St
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Interior Details Number of Rooms: 1Types of Rooms: Bedroom |
Beds & Baths Number of Bedrooms: 8Main Level Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 3288 Square Feet |
Appliances & Utilities Laundry: Inside |
Heating & Cooling Has CoolingAir Conditioning: Wall/Window Unit(s) |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 2Levels: One, TwoEntry Location: 1 |
View No View |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageParking Spaces: 3Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 2Days on Market: 4 |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: ResidentialProperty Subtype: QuadruplexStructure Type: QuadruplexArchitecture: Quadruplex |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 5179011023 |
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Price List Price: $985,000Price Per Sqft: $300 |
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MLS Status: Active |
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Direction & Address City: Los Angeles |
School Information High School District: Los Angeles Unified |
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Listing Agent Listing ID: WS26189528 |
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Community Features: Street LightsNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 4975 sqft |
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Special Conditions: Standard |
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Contingencies: SubmitListing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange |
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Mls Number: WS26189528Living Area Range Units: Square FeetAttribution Contact: 626-773-8181Common Interest: NoneUniversal Property Id: US-06037-N-5179011023-R-N |
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Street LightsSource Internet Entire Listing Display |
Around this home
What Locals Say about Boyle Heights
At least 519 Trulia users voted on each feature.
91 % Say there are sidewalks
74 % Say it's dog friendly
72 % Say it's walkable to grocery stores
71 % Say it's walkable to restaurants
68 % Say yards are well-kept
65 % Say there's holiday spirit
63 % Say car is needed
59 % Say kids play outside
53 % Say streets are well-lit
52 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
36 % Say people would walk alone at night
35 % Say there's wildlife
29 % Say it's quiet
26 % Say there are community events
20 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in Los Angeles
Last updated July 2026
Avg. sale price
$1.04M
$10.92KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$638
$1MoM
Available listings
8384
127MoM
Home Value
Trulia Estimate
$984KSince last month
Decreased$26K (-2.5%)Since last year
Decreased$10K (-1%)Since last sale
Increased$291K (+40.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +77% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1M |
| August 2026 | $984K |
| July 2026 | $1.03M |
| June 2026 | $1.03M |
| May 2026 | $1.03M |
| April 2026 | $1.04M |
| March 2026 | $1.04M |
| February 2026 | $1.04M |
| January 2026 | $1.03M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $1,020,000 | 09/12/25 | 7 | 4 | 3,083 | |
0.10 | Multi-Family Home | $600,000 | 03/25/26 | 6 | 3 | 2,088 | |
0.34 | Multi-Family Home | $965,000 | 12/18/25 | 6 | 4 | 3,490 | |
0.21 | Multi-Family Home | $890,000 | 09/08/25 | 6 | 3 | 2,638 | |
0.12 | Multi-Family Home | $820,000 | 05/05/26 | 5 | 3 | 1,692 | |
0.39 | Multi-Family Home | $750,000 | 06/09/26 | 7 | 3 | 2,436 | |
0.41 | Multi-Family Home | $1,300,000 | 09/03/25 | 8 | 4 | 2,656 | |
0.12 | Multi-Family Home | $560,000 | 11/07/25 | 4 | 3 | 1,695 | |
0.28 | Multi-Family Home | $650,000 | 08/21/26 | 6 | 3 | 1,777 | |
0.50 | Multi-Family Home | $1,025,000 | 12/02/25 | 8 | 4 | 2,420 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $433,800 | 1 | 1 | 524 | Off Market | |
0.04 | $588,300 | 2 | 2 | 1,200 | Off Market | |
0.06 | $558,000 | 2 | 2 | 728 | Off Market | |
0.10 | $775,300 | 4 | 3 | 1,708 | Off Market | |
0.10 | $800,000 | 5 | 2 | 1,687 | Recently Sold | |
0.11 | $636,800 | 3 | 2 | 1,076 | Off Market | |
0.12 | $560,000 | 4 | 3 | 1,695 | Recently Sold | |
0.10 | $600,000 | 6 | 3 | 2,088 | Recently Sold | |
0.14 | $645,000 | 3 | 1 | 898 | Recently Sold | |
0.12 | $820,000 | 5 | 3 | 1,692 | Recently Sold | |
0.16 | $1,001,200 | 8 | - | 3,028 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 29, 2026 Source: CRMLS #WS26189528 | Listed For Sale | $985,000 |
Nov 30, 2018 Source: N/A | Sold | $713,000 |
Nov 21, 2018 Source: Agent Provided | PendingToActive | $749,900 |
Oct 6, 2018 Source: Agent Provided | Pending | $749,900 |
Aug 31, 2018 Source: Agent Provided | PriceChange | $749,900 Price decreased by 3% |
Aug 2, 2018 Source: Agent Provided | PendingToActive | $769,900 |
Jun 5, 2018 Source: Agent Provided | Pending | $769,900 |
May 21, 2018 Source: Agent Provided | PriceChange | $769,900 Price increased by 1% |
May 18, 2018 Source: Agent Provided | Listed For Sale | $759,900 |
Jul 27, 1998 Source: N/A | Sold | $200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $811,267 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
BRIAN NGOY, Real Brokerage Technologies
Agent Phone: (626) 773-8181

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-31 22:19:11 PDT and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-31 22:19:11 PDT and /or other sources. 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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Frequently asked questions about 3249 E 4th St
- What is the estimated monthly payment for 3249 E 4th St?Based on a $985,000 list price with 20% down at today's rates, the estimated monthly payment for 3249 E 4th St in Los Angeles, CA is approximately $6,163 (about $5,119 principal & interest, $969 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 3249 E 4th St compare to homes in Los Angeles?3249 E 4th St in Los Angeles, CA is listed at $985,000, about 5% below the $1.04M median sale price in Los Angeles.
- What do residents say about the Boyle Heights neighborhood?Residents describe the Boyle Heights neighborhood in Los Angeles, CA as pedestrian-friendly, dog-friendly, and walkable to grocery stores. See homes for sale in Boyle Heights, Los Angeles.
- What are the closest schools to 3249 E 4th St?The closest schools to 3249 E 4th St in Los Angeles, CA are Boyle Heights Hilda Solis High (rated 6/10), Felicitas And Gonzalo Mendez High (rated 4/10), First Street Elementary School (rated 7/10).
- Does 3249 E 4th St have air conditioning?Yes, 3249 E 4th St in Los Angeles, CA has air conditioning.
- Does 3249 E 4th St have laundry facilities?Yes, 3249 E 4th St in Los Angeles, CA has laundry facilities.
3249 E 4th St, Los Angeles, CA 90063 is a 8 bedroom, 4 bathroom, 3,288 sqft multi-family built in 1963. 3249 E 4th St is located in Boyle Heights, Los Angeles. This property is currently available for sale and was listed by CRMLS on Aug 29, 2026. The MLS # for this home is MLS# WS26189528.

