1545 4th Avenue

Los Angeles, CA 90019

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,664 Sqft
  • 10501
    Sqft(Lot)
$1,395,000

Description

We are pleased to present an excellent 5-unit investment opportunity located near venice blvd & arlington ave in mid city! consisting of +/- 5,664 sq. ft. of rentable space, the subject spaciously features two 3 bedroom / 1 bath units, two 2 bedroom / 1 bath units, and one 1 bedroom / 1 bath unit. three of the five units were completely remodeled and have new kitchens, bathrooms, windows, restored hardwood flooring and built in cabinetry. capital improvements include new sewer lines replaced in 2020 and updated electrical panels and subpanels. other amazing advantages of the building include washer/dryers in each unit, individual water heaters in each unit, as well as on-site private parking provided for tenants. more impressive, the building boasts a grm of 10.8 and cap rate of 6.9% on current rents! with a generous lot size of +/- 10,501 sq. ft., the opportunities for further improvements to the property are endless. this is a rare opportunity for an investor to acquire a pride of ownership and well maintained property in a great mid city location just north of venice blvd and close to all major attractions such as los angeles county museum of art, the original farmers market, the grove, and the petersen museum.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48646081

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Dryer,Washer

  • Building Information

    • Year Built: 1920
    • Building Area Total: 5,664

    Pool Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2411
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10501

  • Listing Price Information

    • Original List Price: 1,395,000
    • Listing Contract Date: 2025-02-18

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5072024012

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 3407
    • Directions: Venice Blvd & Arlington Ave
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 105
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: ground
    • Property Attached: Yes
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BuyOwner last updated this listing 02/25/2025 @ 09:23

  • MLS: SR25036332
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 5,664 sqft, 10,501 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90019, this Los Angeles County Home are nearby neighborhoods.