$ 2,895,000
-
$2,895,000
Price -
24
Bed -
20
Bath -
13,270
SqFt
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About the Listing X81461 - X90606
Following a $100,000 price reduction, 4650 York is now offered at a 5.93% CAP and 10.68 GRM on current rents; which also equates to $218 per foot. This value-add opportunity consists of (12) 2-bdrm. units averaging nearly 1,000 SF each, and offers approx. 53% rental upside supported by renovated comps in the immediate area. At projected market rents, the asset is expected to stabilize at a 10.97% CAP and 6.97 GRM. First time on the market in more than five decades, the buildings sit on a 19,407 SF street-to-street lot spanning from Lincoln Ave. to York Blvd. The parcel's depth provides separation between structures, side-by-side parking, and a layout that provides privacy for . The all two-bedroom unit mix is what sets the property apart. Units averaging nearly 1,000 SF offer living and dining areas rather than compressed layouts. That scale supports roommate households and shared living arrangements common in Northeast LA, particularly given the property's proximity to Occidental College. Located approximately 0.4 miles from Occidental College, 4650 York sits directly within the York Blvd corridor, surrounded by long-standing cafs, restaurants, and neighborhood retail that generate steady daily activity. The stretch of York between Eagle Rock Blvd and Avenue 50 has developed into one of Northeast LA's most recognizable commercial pockets, reinforcing consistent renter demand. Positioned along York Blvd in the heart of Eagle Rock, 4650 York Blvd offers approximately 53% rental upside supported by renovated two-bedroom comps in the immediate pocket. The proximity to Occidental College and the walkable stretch of York's long-standing cafs, restaurants, and retail provide the demand base that makes that growth realistic rather than theoretical.
Listing Highlights
Status
Active
Days on Site
51
Property Type
Multi-Family
MLS ®
26645469
Year Built
1950
Total Square Footage
13,270
Lot/Acreage
N/A
County
Los Angeles
Interior Details
- Bedrooms: 24
- Bathrooms: 20 Full
- Appliances:
- Air Cond: Wall/Window
- Heating: Wall
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: 2-4 Lots
- Garage Capacity: N/A
- Parking Spaces: 18
- Zoning: LARD3
- Roof:
- Others:
- Sewer:
- Parking Features: Side By Side,Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
4650 York Blvd Los Angeles, CA 90041
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