Los Angeles, CA 90043,4720 6th AVE
Los Angeles, CA 90043,4720 6th AVE
Los Angeles, CA 90043,4720 6th AVE
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$650,000
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6,782 Sqft Lot
Active

4720 6th AVE Los Angeles, CA 90043

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UPDATED:

12/20/2024 06:46 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB24216740

Construction Status Turnkey

HOA Y/N No

Year Built 1923

Lot Size 6,782 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR2

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Spanish Tile

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Street Level

Faces West

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories One

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5014019012

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Real Estate Owned


California Regional MLS (CRMLS)
Listed by Henry Vega • Enrique Henry Vega Jr. Broker • 323-833-6466

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Dana Mota

Broker | License ID: 01833661

+1(310) 806-1893

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4720 6th AVE