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4196 5th Ave, Los Angeles, CA 90008

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For Sale

$1,450,000

6 beds5,844 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $248.12
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

4916 5th Avenue is a well-maintained, value-add 6-unit multifamily offering located in the culturally rich and revitalizing Leimert Park neighborhood of Los Angeles. The property consists of six spacious 1-bedroom/1-bathroom units across 5,844 square feet of rentable space, situated on a 7,353 square-foot R3-1 zoned lot. Constructed in 1939, this classic property offers a rare opportunity to invest in one of South LA's most dynamic submarkets.Ownership will benefit from strong in-place income and operational efficiency. Each unit is individually metered for gas and electricity, minimizing landlord responsibilities, which are limited to water, trash, and common-area electricity. On- site amenities include six private garages which may be converted into 1-2 ADUs and additional uncovered parking.Situated near the 10 and 10 Freeways and within minutes of the Crenshaw/LAX Metro Line, the property offers seamless connectivity to major employment centers including Downtown Los Angeles, Culver City, Santa Monica, and Inglewood. Residents also enjoy close proximity to neighborhood landmarks such as Leimert Plaza Park, the Vision Theatre, and a growing selection of local dining and retail options.With its combination of character, cash flow, and long-term upside, 4196 5th Avenue is a rare opportunity for investors seeking stable returns and future growth in one of South LA's most iconic and evolving neighborhoods.
MLS# 25547151

Courtesy Of Compass

(310) 230-5478

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 4196 5th Ave, Los Angeles, CA 90008
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