Description

4245 Wall Street offers a well-located 4-unit investment opportunity in the heart of Historic South Central Los Angeles, combining strong in-place income with additional upside. Situated on a 7,125 SF lot, the property features three separate buildings totaling nearly 3,000 rentable square feet—providing both functionality and flexibility for long-term investors. The front duplex was newly constructed in 2023 and is completely turnkey, featuring (1) 2-bedroom, 1.5-bath unit and (1) 1-bedroom, 1-bath unit—offering low-maintenance ownership and modern finishes. The rear two buildings, built in 1913, consist of (2) 1-bedroom, 1-bath units and provide solid income with potential for future improvements. The property also offers five convenient driveway parking spaces. With a current 5.00% CAP rate and a projected 7.69% market CAP, the property presents a compelling mix of cash flow and upside. Centrally located near USC, Downtown LA, and major freeways, 4245 Wall Street is well positioned for sustained rental demand and long-term value in one of Los Angeles’ most accessible neighborhoods.