4720 6th Avenue
Los Angeles, CA, 90043
$650,000
Beds
0 Baths
SqFt
0.16 Acres
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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&#39'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&#39'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 Details

Price:
$650,000
MLS #:
BB24216740
Status:
Active
Baths:
0
Address:
4720 6th Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Oct 17, 2024
State:
CA
ZIP:
90043
Lot Size:
6,781 sqft / 0.16 acres (approx)
Year Built:
1923
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Interior

Appliances
Gas Oven, Gas Range
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Laminate, Tile
Heating
Wall Furnace

Exterior

Community Features
Sidewalks, Urban
Fencing
Block
Foundation Details
Raised
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre, Back Yard, Front Yard, Level with Street
Parking Spots
2.00
Pool Features
None
Roof
Spanish Tile
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

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