
Multifamily listing
4421 Wall
for sale in
South LA
Well-Maintained & FHA Eligible Triplex Near USC & DTLA
Listed Price
$
800,000
3
Number of Units
1955
Year Built
1,512
SF
Square Footage
3,413
SF
Lot Size
N/A
Zoning
4421 Wall St, Los Angeles, CA 90011
About the Property
4421 Wall is a well-maintained triplex that blends modern upgrades with flexible ownership potential. Located minutes from Downtown Los Angeles, USC, the Coliseum, and LA Live, 4421 Wall offers tenants convenient access to major job centers, schools, and transportation routes.
For investors and owner-users, 4421 Wall presents an interesting opportunity. The property combines stabilized income from existing tenants with a vacant, fully renovated unit ready for immediate lease-up or owner occupancy. Recent building upgrades and FHA financing eligibility make 4421 Wall particularly attractive for buyers looking to leverage financing while building equity.
Location and Connectivity
4421 Wall benefits from a central location that appeals to a broad renter base. Proximity to the 10 and 110 Freeways, along with nearby transit options, enhances connectivity across the city. Being minutes from USC, the Coliseum, and LA Live positions 4421 Wall in an area with consistent demand from students, professionals, and entertainment-focused renters.
The Unit Mix and Income at 4421 Wall
4421 Wall offers a strategic unit mix that balances current income with growth potential:
Unit 1: Vacant 1-bedroom, 1-bath (fully renovated, market-ready)
Unit 2: 1-bedroom, 1-bath with Section 8 tenant at $1,441/month
Unit 3: 2-bedroom, 1-bath at $2,195/month
Current stabilized income: $3,636/month (with Unit 1 leased at market rate)
The vacant unit at 4421 Wall creates immediate flexibility. Owner-users can occupy it while pursuing FHA financing on the entire property, or lease it immediately for additional income. The Section 8 tenant provides predictable cash flow, while the 2-bedroom demonstrates the property's rental rate potential.
Modern Upgrades and Systems
4421 Wall has received significant recent upgrades that enhance both tenant appeal and operational efficiency.
Interiors showcase updated kitchens with quartz countertops, stainless-steel appliances, and wood-laminate flooring. Bathrooms feature new vanities and refreshed finishes. Recent building upgrades include a new electrical panel, upgraded wiring, tankless water heaters, and mini-split air conditioning in all units.
4421 Wall includes approximately four surface parking spaces on a repaved driveway, secured by a motorized gate. Tenants cover utilities directly (electric, gas, and trash), while water is reimbursed through a RUBS program, optimizing your operating expenses.
FHA Financing and Investment Potential
One of the most compelling aspects of 4421 Wall is its FHA financing eligibility. For owner-users, this opens significant advantages: lower down payment requirements (typically 3.5%), competitive interest rates, and the ability to occupy one unit while financing the entire property.
4421 Wall presents multiple pathways for value creation. You can generate immediate income from two occupied units while leasing the vacant unit at market rates. As the area continues to develop and attract investment, 4421 Wall is positioned to benefit from neighborhood appreciation. The modern upgrades and strong fundamentals provide a solid foundation for long-term ownership.
Conclusion
4421 Wall represents a stabilized, upgraded triplex with clear income potential and flexible ownership options. The combination of modern systems, strategic unit mix, FHA financing eligibility, and central location makes 4421 Wall attractive to both owner-users and investors.
The Kenny Stevens Team has extensive experience with triplex and small multifamily properties in the Los Angeles area and can help you evaluate whether 4421 Wall aligns with your investment goals.
Contact us to discuss the opportunity and explore how 4421 Wall fits your investment strategy.
4421 Wall St
South LA
Listed Price
$800,000
Number of Units
3 Units
Price per. Unit
$255,000
Bldg. Size
1,512 SF
Price per Foot
$506
Lot Size
3,413 SF
Year Built
1955
Current CAP
N/A
Market CAP
N/A
Zoning
N/A
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$255,000
Price p/ Sq. ft.
$506
Proforma Cap Rate
N/A




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