$1,450,000

4196 5Th Ave , Los Angeles, CA 90008

 
Bedrooms:6 beds
Bathrooms:0 baths
(None specified):5,844 sqft
Lot:0.17
Year Built:1939
Listing Status:Active

Listing Agent

Jacqueline Carroll
https://www.compass.com/
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Description

4916 5th Avenue is a well-maintained, value-add 6-unit multifamily offering located in the culturally rich and revitalizing Leimert Park neighborhood of Los Angeles. The property consists of six spacious 1-bedroom/1-bathroom units across 5,844 square feet of rentable space, situated on a 7,353 square-foot R3-1 zoned lot. Constructed in 1939, this classic property offers a rare opportunity to invest in one of South LA's most dynamic submarkets.Ownership will benefit from strong in-place income and operational efficiency. Each unit is individually metered for gas and electricity, minimizing landlord responsibilities, which are limited to water, trash, and common-area electricity. On- site amenities include six private garages which may be converted into 1-2 ADUs and additional uncovered parking.Situated near the 10 and 10 Freeways and within minutes of the Crenshaw/LAX Metro Line, the property offers seamless connectivity to major employment centers including Downtown Los Angeles, Culver City, Santa Monica, and Inglewood. Residents also enjoy close proximity to neighborhood landmarks such as Leimert Plaza Park, the Vision Theatre, and a growing selection of local dining and retail options.With its combination of character, cash flow, and long-term upside, 4196 5th Avenue is a rare opportunity for investors seeking stable returns and future growth in one of South LA's most iconic and evolving neighborhoods.

Detailed Items

Other Information

4196 5Th Ave, Los Angeles, CA, 90008 is a (none specified) listing of 5,844 sqft on a lot of 0.17. This (none specified) listing has 6 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property4196 5Th Ave, Los Angeles, CA
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