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$ 650,000
Est. payment /mo
Active
4720 6th Avenue Los Angeles, CA 90043
4 Beds
2 Baths
6,781 Sqft Lot
UPDATED:
12/21/2024 07:35 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB24216740
Bedrooms 4
HOA Y/N No
Lot Size 6,781 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. Dont 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
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. Dont 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.
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. Dont 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 Los Angeles (90043)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Exterior Feature Stucco
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $32
Acceptable Financing Cash, Conventional
Space Rent $900
Listing Terms Cash, Conventional
Special Listing Condition REO
Listed by Henry Vega • Enrique Henry Vega Jr. Broker