
4720 6th Ave Los Angeles, CA 90043
Hyde Park NeighborhoodHighlights
- Spanish Architecture
- Neighborhood Views
- Laundry Room
- No HOA
- Cooling System Mounted To A Wall/Window
- 2-minute walk to Angeles Mesa Park
About This Home
As of March 2025Discover 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.
Last Agent to Sell the Property
Enrique Henry Vega Jr. Broker Brokerage Phone: 323-833-6466 License #01765081 Listed on: 10/18/2024
Last Buyer's Agent
Enrique Henry Vega Jr. Broker Brokerage Phone: 323-833-6466 License #01765081 Listed on: 10/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,569
Year Built
- Built in 1923
Lot Details
- 6,781 Sq Ft Lot
- No Common Walls
- West Facing Home
- Block Wall Fence
- Level Lot
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Spanish Architecture
- Turnkey
- Raised Foundation
- Spanish Tile Roof
- Stucco
Interior Spaces
- 2,400 Sq Ft Home
- 1-Story Property
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Location
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 4947
- Assessor Parcel Number 5014019012
- $395 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $500
- Insurance Expense $1,400
- Trash Expense $1,200
- Operating Expense $3,100
- Gross Income $28,800
- Net Operating Income $25,700
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $560,000 | Servicelink | |
Grant Deed | -- | Servicelink | |
Trustee Deed | $499,500 | -- | |
Grant Deed | $750,000 | New Title Company Name | |
Grant Deed | $207,000 | First American Title Company | |
Trustee Deed | $210,000 | Accommodation | |
Interfamily Deed Transfer | -- | Orange Coast Title Of Los An |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $741,900 | New Conventional | |
Previous Owner | $155,250 | New Conventional | |
Previous Owner | $300,000 | Fannie Mae Freddie Mac | |
Previous Owner | $185,000 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/26/2025 03/26/25 | Sold | $555,000 | -14.6% | $231 / Sq Ft |
02/10/2025 02/10/25 | Pending | -- | -- | -- |
10/18/2024 10/18/24 | For Sale | $650,000 | -13.3% | $271 / Sq Ft |
07/08/2022 07/08/22 | Sold | $750,000 | -2.6% | $335 / Sq Ft |
07/05/2022 07/05/22 | Price Changed | $770,000 | 0.0% | $344 / Sq Ft |
06/09/2022 06/09/22 | For Sale | $770,000 | 0.0% | $344 / Sq Ft |
04/06/2022 04/06/22 | Pending | -- | -- | -- |
02/21/2022 02/21/22 | For Sale | $770,000 | -- | $344 / Sq Ft |
Tax History Compared to Growth
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 | $9,569 | $760,000 | $530,000 | $230,000 |
2024 | $9,569 | $765,000 | $586,500 | $178,500 |
2023 | $9,390 | $750,000 | $575,000 | $175,000 |
2022 | $3,327 | $251,773 | $158,120 | $93,653 |
2021 | $3,274 | $246,837 | $155,020 | $91,817 |
2020 | $3,302 | $244,307 | $153,431 | $90,876 |
2019 | $3,183 | $239,518 | $150,423 | $89,095 |
2018 | $3,088 | $234,823 | $147,474 | $87,349 |
2016 | $2,936 | $225,707 | $141,749 | $83,958 |
2015 | $2,896 | $222,317 | $139,620 | $82,697 |
2014 | $2,921 | $217,964 | $136,886 | $81,078 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
henry vega
Enrique Henry Vega Jr. Broker
(323) 833-6466
1 in this area
51 Total Sales
-
Seller's Agent in 2022
Sandra Qatami
THE ASSOCIATES REALTY GROUP
(909) 877-1272
8 Total Sales
-
Buyer's Agent in 2022
Innam Romero
THE ASSOCIATES REALTY GROUP
(909) 967-4482
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB24216740

APN: 5014-019-012
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