$875,000
$100K PRICE DROP

Estimated payment $5,319/month

Total Views 10,260
4 Beds
2 Baths
2,376 Sq Ft
$368 Price per Sq Ft

About This Home

Welcome to 4056 Creed Avenue, a well maintained duplex in the heart of Leimert Park offering two spacious 2 bedroom 1 bathroom units. Both units feature comfortable living rooms, separate dining areas, and in-unit laundry hookups, making them ideal for everyday living. The interiors are in good condition and feel warm and inviting. The property includes a three car garage that may offer a strong opportunity for an ADU addition with the right plans and permits. The location is one of the highlights, set on a quiet tree lined street with easy access to neighborhood cafés, parks, and other local markets. Whether you are looking to live in one unit and rent the other or add a reliable investment to your portfolio, 4056 Creed Avenue presents a great opportunity in one of Los Angeles’ most desirable neighborhoods.

Listing Agent

JACOB PARRA

Century 21 Masters Brokerage Email: jacobvparra@gmail.com License #02158562 Listed on: 11/18/2025

Century 21 Masters

Co-Listing Agent

Frank Parra

Century 21 Masters Brokerage Email: jacobvparra@gmail.com License #01324312

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 3,859 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 593
  • Tax Tract Number 10023
  • Assessor Parcel Number 5023003010
  • $338 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $600
  • Operating Expense $3,240
  • Gross Income $31,200
  • Net Operating Income $24,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

3,859 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5023003010
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 368.27

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Individual Room
  • Sewer: Unknown
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3859.00
  • Lot Size Acres: 0.0886

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 3859.0000 Square Feet
  • Net Operating Income: 24960.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6240.00
  • Rent Control: No
  • Total Expenses: 3240.00

Tax Info

  • Tax Lot: 593
  • Tax Tract Number: 10023
  • TaxOtherAnnualAssessmentAmount: 338.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,894 $819,933 $546,628 $273,305
2024 $9,894 $803,857 $535,910 $267,947
2023 $9,706 $788,096 $525,402 $262,694
2022 $9,260 $772,644 $515,100 $257,544
2021 $9,135 $757,495 $505,000 $252,495
2019 $8,861 $735,028 $490,022 $245,006
2018 $8,785 $720,616 $480,414 $240,202
2016 $6,925 $570,000 $379,900 $190,100
2015 $5,829 $478,000 $318,600 $159,400
2014 $5,801 $464,000 $309,300 $154,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Price Changed $875,000 -5.4% $368 / Sq Ft
12/15/2025 12/15/25 Price Changed $925,000 -5.1% $389 / Sq Ft
11/18/2025 11/18/25 For Sale $975,000 0.0% $410 / Sq Ft
11/06/2023 11/06/23 Rented $2,700 0.0% --
10/25/2023 10/25/23 For Rent $2,700 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Trustee Deed $868,053 Accommodation/Courtesy Recordi
Interfamily Deed Transfer -- None Available
Grant Deed -- Lawyers Title Ins
Grant Deed -- --
Quit Claim Deed -- Fidelity National Title Co
Individual Deed -- Gateway Title Company
Grant Deed -- South Coast Title
Grant Deed $267,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $427,500 New Conventional
Previous Owner $365,000 New Conventional
Previous Owner $257,291 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25260583

California Regional Multiple Listing Service (CRMLS)

APN: 5023-003-010

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