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California Regional Multiple Listing Service

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 the most recent time synced 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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Home / Los Angeles / 4203 Council Street
4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 4203 Council Street Los Angeles, CA 90004 View All Photos

$5,195,000

| Active

4203 Council Street

Los Angeles, CA 90004

8,678
Square Feet
18
Beds
18
Baths
0.18
Acres
0
Days on Market
26986945
MLS#
Multi-Family
Type
House
Structure
Commercial
Zone
Contact
Listing OfficeKW Commercial Studio City

2nd Price Reduction! Fully renovated 18-unit apartment building delivering an attractive 8% Cap Rate from day one. This offering provides investors with the opportunity to acquire a turnkey, premium asset with strong in-place income. 16 fully renovated units from the studs in 2023 with permits, along with 2 brand-new detached ADUs (Not subject to RSO) constructed in 2024. The unit mix includes eighteen (18) spacious and well-designed one-bedroom, one-bathroom apartments totaling approximately 8,677 square feet of improvements on a 7,700 square foot LAR3-zoned lot. The property is separately metered for gas and electricity to further minimize the operating expenses. Ownership has completed a comprehensive, permitted renovation, including a new roof, upgraded plumbing and electrical systems, new panel and wiring, updated HVAC systems, and new windows throughout. Interiors feature new wood flooring, modern lighting, and fully upgraded kitchens and bathrooms with new cabinetry, countertops, vanities, and fixtures. The property offers strong curb appeal with fresh exterior paint and professional landscaping, creating an inviting tenant experience. Located in the highly desirable Koreatown and Wilshire Center submarkets, the asset benefits from close proximity to Larchmont Village, Hollywood, and Downtown Los Angeles, as well as excellent walkability to dining, entertainment, and cultural amenities. With its prime location and strong income profile, 4203 Council Street represents an ideal investment for buyers seeking immediate cash flow and long-term appreciation.

Property Details
Bedrooms
18
Bathrooms
18
Stories
2
Acres
0.177
Square Feet
8678.0
Lot Size (sqft)
7702.0
Parking Features
On Street
Parking Spaces
0.0
Property Type
Multi-Family
Year Built
1923
County
Los Angeles
Region
Los Angeles
Zoning
LAR3
Original List Price
$5,195,000
MLS #
26986945
Property Subtype
ResidentialIncome
Parcel Number
5518004008
MLS #
26986945
Date Listed
September 10, 2026
Address
4203 Council Street
Location
Legal

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 the most recent time synced 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

Provided By
Listed by Nick Astrupgaard (#CLW-C103940)
Listing Office: KW Commercial Studio City (#CLW-X7405201)

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