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2022 4th Avenue

Los Angeles CA 90018

6
8
7002 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Rare opportunity to own a spacious fourplex in the heart of Mid Los Angeles with one large 2-bedroom unit delivered vacant, making this an excellent option for an owner-occupant or investor seeking immediate rental income with future upside. The property offers approximately 4,662 square feet of living area on an approximately 7,000 square foot lot and features two 2-bedroom units and two 1-bedroom units, each with generous floor plans of approximately 1,165 square feet and additional bonus space. The vacant 2-bedroom unit is bright and inviting with expansive living and dining areas, abundant windows, updated flooring, a spacious kitchen, approximately 1.75 baths, and in-unit laundry hookups. Three additional units are currently occupied and generate existing income, while the vacant unit provides an immediate opportunity for owner occupancy or market-rate rental income. Each unit has separately metered gas and electricity, helping simplify utility responsibilities. Additional highlights include four detached garage spaces, substantial off-street parking, gated frontage, and a large rear parking area. Ideally located near Koreatown, USC, Downtown Los Angeles, major employment centers, dining, shopping, public transportation, and the 10 Freeway. A compelling opportunity for an owner-user looking to offset housing costs with rental income or an investor seeking a well-located four-unit asset with existing income and meaningful long-term rental upside. Buyer to verify all square footage, permits, unit configurations, rents, expenses, and potential uses.

Features

6 bedrooms
8 bathrooms
7002 sq. ft. lot size
Multi-Family

Property history for 2022 4th Avenue

2018
Sold
$1,210,000
10 May 2018 by Brian Jang, of EQUITABLE REALTY

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Local market activity for 6 bedroom multi families in Los Angeles

In the last 12 months, 3 six-bedroom multi families similar to 2022 4th Avenue, have been sold.

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