$795,000
0.14 acres
34.0074 -118.319

4196 2nd Avenue Los Angeles, CA 90008

$795,000
Est. Monthly $4,042 recalculate
0.14 acres
 

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4196 2nd Avenue
Los Angeles, CA 90008

Explore This Property

Multi-Family (2-4 Units) - And the winner is Leimert Park, Los Angeles CURBED CUP 2016 Neighborhood of the Year

Come discover a wonderful family home with outstanding income potential in this sought after historic South LA area. This recently updated corner lot Triplex offers 5 bdrm and 2.5 baths in the main home, an expansive enclosed yard and an attached 1 bedroom unit. Additionally, there is a freestanding charming 1 bdrm and 1 bath bungalow on the property. All 3 units have been upgraded w/ newer fixtures, granite counter tops and air conditioning in the front home. The property conveniently surrounds a gated courtyard that provides room for socializing with friends, children and pets to play. The courtyard may also be used for enclosed parking.

This property has many options, as an owner user with income from the detached 1 bdrm bungalow and the adjacent 1 bdrm unit. Or, is an excellent opportunity for the savvy investor looking to purchase a lovely 3-unit property in this outstanding neighborhood.

Leimert Park is a treasure in Los Angeles and rich in historical significance; providing several areas to experience and celebrate art, literature, music and shopping. Tree-lined streets and striking architecture are found in abundance. Centrally located in a wonderful section of Los Angeles with quick access to major freeways and a soon to be completed light rail line. Enjoy the lifestyle of being close to it all

Postal addresses for the property are: 4196/4198 2nd Ave & 2317 W 42nd St.
MLS # SB17178540
Courtesy Of Vista Sotheby's International Realty

Property Features

  • Age: Over 50 Years Old
  • Amenities: Lawn
  • Architecture Style: Other
  • Lot Size: 0.14 Acres
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $4,042Your estimated monthly payment
    $159,00020% Down Payment
    $795,000 $715,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    FORTY-SECOND STREET ELEMENTARY SCHOOL
    Grades PRESCHOOL-5 | Public School

    LOS ANGELES, CA 90008
    4231 4TH AVE
    323-296-7550
    0.2
    miles

    Total Students 300
    Student Teacher Ratio 20:1
    View School Details
    Middle School
    AUDUBON MIDDLE SCHOOL
    Grades 6-8 | Public School

    LOS ANGELES, CA 90008
    4120 11TH AVE
    323-290-6300
    0.6
    miles

    Total Students 825
    Student Teacher Ratio 11:1
    View School Details
    High School
    CRENSHAW SCIENCE, TECHNOLOGY, ENGINEERING, MATH AND MEDICINE MAGNET
    Grades 9-12 | Public School

    LOS ANGELES, CA 90043
    5010 11TH AVE
    323-290-7800
    0.9
    miles

    Total Students 1200
    Student Teacher Ratio 18:1

    School Rating

    1 star View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    New Heights Charter School 0.2 mi Public PRESCHOOL-8
    Community Preparatory Academy 0.3 mi Public K-8
    Transfiguration 0.3 mi Catholic PRESCHOOL-8
    Do Re Me Child Development Center 0.4 mi Private PRESCHOOL-3
    Libertas College Preparatory Charter 0.6 mi Public 4-8
    Tom Bradley Global Awareness Magnet School 0.6 mi Public K-5
    Kipp Scholar Academy 0.6 mi Public 5-8
    Little Citizens Westside Academy 0.6 mi Private 3-12
    Crenshaw Arts-technology Charter High School 0.6 mi Public 9-12
    Public Policy Charter 0.7 mi Public 5-8
    Barack Obama Global Preparation Academy 0.7 mi Public 6-8
    Martin Luther King Jr. Elementary School 0.7 mi Public K-5
    Golden Day Schools 0.8 mi Private PRESCHOOL-8
    Apple Academy Charter Public Schools 0.9 mi Public K-5
    Angeles Mesa Elementary School 0.9 mi Public PRESCHOOL-5
    Crenshaw Montessori Academy 0.9 mi Private PRESCHOOL-1
    View Park Preparatory Accelerated Charter Middle School 0.9 mi Public 6-8

    Local Area Information for Los Angeles, CA 90008

    Median Age: 40
    Married: 24.1%
    Number of Households: 14,350
    Households with Children: 3,617
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.