Residential Income — 2022 4th Avenue, Los Angeles, CA
$1,349,999
2022 4th Avenue, Los Angeles, CA
About this property
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.
Property details
Location
2022 4th Avenue • Los Angeles, CA 90018
Listed by
Felix Hung · Real Broker
Nearby listings in Los Angeles, CA
- 1427 W 90th Place, Los Angeles, CA · $600,000
- 1530 W 81st Street, Los Angeles, CA · $850,000
- 900 S Wooster Street 2, Los Angeles, CA · $5,495/mo
- 2932 Ledgewood Drive B, Los Angeles, CA · $2,500/mo
- 4917 Orinda Avenue, Los Angeles, CA · $1,199,999
- 4034 Brighton Ave, Los Angeles, CA · $885,000
- 2068 S Hobart Boulevard, Los Angeles, CA · $1,650,000
- 702 Crenshaw Boulevard, Los Angeles, CA · $1,495,000
- 1442 Ellsmere Avenue, Los Angeles, CA · $1,189,000
- 12020 Ocean Park, Los Angeles, CA · $1,699,000
- 333 E 83rd Street, Los Angeles, CA · $525,000
- 751 E 104th Street, Los Angeles, CA · $665,000
Sale history for 2022 4th Avenue → (2 recorded sales)