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Sold for $555,000
  • Listed by: Enrique Henry Vega Jr. Broker • Henry Vega • Contact: 323-833-6466
    Bought with: Enrique Henry Vega Jr. Broker
    $555,000

    4720 6th Ave, Los Angeles, CA 90043

    4beds
    2baths
    2,400sqft
    Duplex
    Built in 1923
    -- sqft lot
    $554,300 Zestimate®
    $231/sqft
    $2,841 Estimated rent

    Home value

    $554,300

    $499,000 - $615,000

    $2,841/mo

    Zestimate® history
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    What's special

    Detached garagePalm tree-lined streetLong driveway
    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'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'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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Henry Vega DRE #01765081 323-833-6466,

    Enrique Henry Vega Jr. Broker

    Bought with:

    Henry Vega, DRE #01765081

    Enrique Henry Vega Jr. Broker

    Source: CRMLS,MLS#: BB24216740MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Laundry
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Oven, Gas Range
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Flooring: Laminate, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 0
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,781 Square Feet
    • Features: 0-1 Unit/Acre, Back Yard, Front Yard, Street Level
    Details
    • Parcel number: 5014019012
    • Zoning: LAR2
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish
    • Property subtype: Duplex
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Spanish Tile
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks, Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $231/sqft
    • Tax assessed value: $760,000
    • Annual tax amount: $9,454
    • Date on market: 10/18/2024
    • Cumulative days on market: 115 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Submit
    • Total actual rent: 1800
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/26/2025Sold$555,000+11.1%$231/sqft
    Source: CRMLS #BB24216740 Report a problem
    7/25/2024Sold$499,500-37.5%$208/sqft
    Source: Public Record Report a problem
    3/20/2023Listing removed--
    Source: RE/MAX International Report a problem
    3/8/2023Listed for sale$799,800+6.6%$333/sqft
    Source: RE/MAX International #CV23038762 Report a problem
    7/8/2022Sold$750,000+262.3%$313/sqft
    Source: Public Record Report a problem
    3/17/2010Sold$207,000-1.4%$86/sqft
    Source: Public Record Report a problem
    9/21/2009Sold$210,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,454 -1.2%$760,000 -0.7%
    2024$9,569 +1.9%$765,000 +2%
    2023$9,390 +8.3%$750,000 +197.9%
    2022$8,670 +164.8%$251,773 +2%
    2021$3,274 -0.9%$246,837 +1%
    2020$3,302 $244,307 +2%
    2019$3,302 +6.9%$239,518 +2%
    2018$3,088 $234,823 +2%
    2017$3,088 +2%$230,220 +2%
    2016$3,026 +3.1%$225,707 +1.5%
    2015$2,936 +0.5%$222,317 +2%
    2014$2,921 $217,964 +2.5%
    2012-- $212,727 +2%
    2011-- $208,557 -14.9%
    2010-- $245,000 +22.5%
    2009-- $199,996 +2%
    2008-- $196,075 +2%
    2007-- $192,232 +2%
    2006-- $188,464
    2005-- $188,464 +4%
    2004-- $181,148 +1.9%
    2003-- $177,829 +2%
    2002-- $174,343 +4%
    2000-- $167,575
    Find assessor info on the county website

    Neighborhood: Park Mesa Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $554,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $554,300