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

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