Under contract
4720 6th AVE
LOS ANGELES CA, 90043
$650,000
$270.83 per sqft
Under contract
4 Beds
2 Baths
2,400 sqft
Multi-family
Built in 1923
Discover 4720-4722 6th Ave, a charming duplex with significant investment potential, located on a beautiful palm tree-lined street in the highly sought-after Hyde Park neighborhood of Los Angeles. This tenant-occupied property features a total of 4 bedrooms and 2 baths, with 2 bedrooms in each unit, offering 2,417 square feet of living space on a generous 6,481 square foot lot. Zoned LAR2, the property provides ample opportunities for future development, including the potential to add an Accessory Dwelling Unit (ADU) for additional rental income. The duplex benefits from long-term tenants who consistently pay rent on time, ensuring steady cash flow for investors from day one and lots of upside potential. The long driveway leads to a detached garage, providing plenty of parking and storage space. The property's strategic location near the rapidly developing Crenshaw Corridor, the new Crenshaw/LAX Metro Line, and popular destinations like SoFi Stadium, Culver City, and Downtown LA makes it an ideal choice for investors seeking a buy-and-hold opportunity with significant upside. Hyde Park's ongoing revitalization, combined with infrastructure improvements in South Los Angeles, creates strong rental demand and a promising outlook for future appreciation. This neighborhood offers a unique mix of classic LA charm and modern amenities, attracting a diverse tenant base. Don t miss out on this prime investment opportunity to expand your portfolio with a property poised for growth and long-term value. Buyers to due their own due diligence, seller does not promise or make any claims on subjects data.
BB24216740MR
MLSⓇ ID
October 18, 2024
Listed
November 19, 2024
Updated
Map
4720 6th AVE
LOS ANGELES CA, 90043
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Appliances
Inside
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.16 Acres
Architectual Style
Spanish
Roof
Spanish Tile
Sewer
Public Sewer
Other Property Details
Area Name
Park Hills Heights
Days on Market
31
Garage
Yes
Garage Spaces
2
Parking Total
2
View
Yes
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR2
Listing History
Date | Event | Price |
---|---|---|
11/19/2024 | Under contract | — |
Listed by Henry Vega with Enrique Henry Vega Jr. Broker
Listing Contact: 323-833-6466
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nick Hertz | CA DRE #1992715 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/19/2024