$ 650,000
4720 6th Avenue Los Angeles, CA 90043
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Listed by Henry Vega • Enrique Henry Vega Jr. Broker
$ 650,000
Est. payment | /mo
2,400 SqFt
$ 650,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $270
MLS Listing ID BB-24216740
Style Spanish
Year Built 1923
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. 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
Zoning LAR2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplaces Type None
Laundry Inside
Exterior
Garage Gated
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Urban
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
Building
Lot Description Front Yard, Level with Street, 0-1 Unit/Acre, Back Yard
Sewer Public Sewer
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Darren Humphrey
Partner | Lic# DRE 01724424