$875,000
$75K PRICE DROP

Estimated payment $5,071/month

Total Views 4,070
3 Beds
2 Baths
1,854 Sq Ft
$472 Price per Sq Ft

Highlights

  • 1-Story Property
  • Venice High School Rated A
  • 2-minute walk to Bill Rosendahl Del Rey Park

About This Home

We are pleased to present 4624-4626 Alla Rd, Los Angeles, CA 90066, a compelling duplex investment opportunity in a high-demand rental market. Built in 1957, this 1,854-square-foot multi-family property comprises two units: a one-bedroom, one-bath unit and a two-bedroom, one-bath unit, situated on a 4,947-square-foot lot zoned R1. The property's configuration offers flexibility for investors, appealing to a range of tenants, from singles to small families, in the vibrant Mar Vista and Marina del Rey neighborhood. Los Angeles' chronic housing shortage and strong rental demand ensure consistent cash flow potential, with the ability to adjust rents as the area continues to appreciate. The R1 zoning offers potential for future enhancements, and or redevelopment. Its prime location, just minutes from Marina del Rey's waterfront, beaches, and tech-centric Silicon Beach, enhances its long-term appreciation potential. Investors can capitalize on both immediate rental income and future growth in one of Los Angeles' most desirable submarkets. Situated at 4624-4626 Alla Rd in the heart of Los Angeles' Marina del Rey neighborhood, this duplex benefits from an enviable location that blends coastal charm with urban accessibility. The property is just a short distance from the Marina del Rey harbor, offering residents access to boating, dining, and recreational activities along the waterfront. Its proximity to Silicon Beach, home to major tech companies like Google and Snap Inc., attracts professionals seeking convenient commutes, boosting rental demand. The neighborhood's vibrant lifestyle is complemented by nearby Venice Beach, Abbot Kinney Boulevard's eclectic shops and eateries, and easy access to major thoroughfares like the 90 and 405 freeways, connecting residents to downtown Los Angeles, Santa Monica, and beyond. The 4,947-square-foot lot is nestled in a residential enclave zoned R1, ensuring a stable, low-density community atmosphere while remaining close to commercial hubs. With Los Angeles' ongoing population growth and limited housing supply, this location positions the property as a prime asset in a dynamic and appreciating market.

Listing Agent

Jeff Louks

Marcus & Millichap License #00908473 Listed on: 05/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,694

Year Built

  • Built in 1957

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,854 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 4,947 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4223-004-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,694

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1854
  • Lot Acreage: 0.1136
  • Year Built: 1957
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 471.95

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 2

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 65.74
  • Assessed Improvement Value: 132483
  • Assessed Land Percent: 34.26
  • Assessed Land Value: 69051
  • Total Assessed Value: 201534
  • Assessor Parcel Number: 4223-004-012
  • Lot Size Area: 4947

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.23
  • Number Of Units: 2
  • Total Annual Expense: 19361
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Map

Range of Values:

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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
2024 $2,694 $201,534 $69,051 $132,483
2023 $2,650 $197,584 $67,698 $129,886
2022 $2,537 $193,711 $66,371 $127,340
2021 $2,494 $189,914 $65,070 $124,844
2019 $2,424 $184,283 $63,141 $121,142
2018 $2,349 $180,670 $61,903 $118,767
2016 $2,230 $173,656 $59,500 $114,156
2015 $2,199 $171,049 $58,607 $112,442
2014 $2,221 $167,699 $57,459 $110,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $875,000 -7.9% $472 / Sq Ft
05/19/2025 05/19/25 For Sale $950,000 -- $512 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Bowne Robert R
Source: Public Records

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Source: The MLS

MLS Number: 25540917

The MLS

APN: 4223-004-012