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4720 6th Avenue

Los Angeles, CA 90043

$650,000 Price
Est. Payment: $ 0/mo
4
Bed
0
Bath
2,400 Sq. Ft.
$271 / Sq. Ft.

4720 6th Avenue

Los Angeles, CA 90043

$650,000 Price
$0/mo
4
Bed
0
Bath
2,400
Sq. Ft.
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.
PROPERTY INFORMATION
MLS # BB24216740 Lot Size 6,781 Sq. Ft.
HOA Fees $0/Monthly Property Type Duplex
Price $ 650,000
Price Per SqFt: $ 271
DOM 248 Days
Address 4720 6th Avenue Type Residential Income
City Los Angeles Sq.Ft. 2,400 Sq. Ft.
Postal Code 90043 Garage 1
County Los Angeles Year Built 1923
Bed / Bath 4 / 0 Parking 2
Built In 1923 Status Active
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Inside
Has Fireplace No
Fireplace Information None
Has Appliances Yes
Kitchen Appliances Gas Oven, Gas Range
Has Heating Yes
Heating Information Wall Furnace
Room Information All Bedrooms Down, Kitchen, Laundry
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
Flooring Information Laminate, Tile
EntryLocation 0
Entry Level 0
Has Spa No
SpaDescription None
EXTERIOR FEATURES
FoundationDetails Raised
Roof Spanish Tile
Has Pool No
Pool None
Has Fence Yes
Fencing Block
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $693
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
10/18/2024 Listed $650,000
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Listing provided courtesy of Henry Vega, Enrique Henry Vega Jr. Broker. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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