CA > Los Angeles
Los Angeles, CA 90019,1545 4th AVE
Los Angeles, CA 90019,1545 4th AVE
Los Angeles, CA 90019,1545 4th AVE
Los Angeles, CA 90019,1545 4th AVE
Los Angeles, CA 90019,1545 4th AVE
Los Angeles, CA 90019,1545 4th AVE
Mark Perry
Mark Perry

Agent | License ID: 01764345

+1(951) 760-8943

GET MORE INFORMATION

Full Name
Phone*
Message
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 1,395,000

$ 1,395,000

Est. payment | /mo

10,502 Sqft Lot

$ 1,395,000

$ 1,395,000

Est. payment | /mo

10,502 Sqft Lot

Key Details

Sold Price $1,395,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR25036332

Sold Date 04/24/25

HOA Y/N No

Year Built 1920

Lot Size 10,502 Sqft

Property Sub-Type Apartment

Property Description

We are pleased to present an excellent 5-unit investment opportunity located near Venice Blvd & Arlington Ave in Mid City! Consisting of +/- 5,664 sq. ft. of rentable space, the subject spaciously features two 3 bedroom / 1 bath units, two 2 bedroom / 1 bath units, and one 1 bedroom / 1 bath unit. Three of the five units were completely remodeled and have new kitchens, bathrooms, windows, restored hardwood flooring and built in cabinetry. Capital improvements include new sewer lines replaced in 2020 and updated electrical panels and subpanels. Other amazing advantages of the building include washer/dryers in each unit, individual water heaters in each unit, as well as on-site private parking provided for tenants. More impressive, the building boasts a GRM of 10.8 and CAP rate of 6.9% on current rents! With a generous lot size of +/- 10,501 sq. ft., the opportunities for further improvements to the property are endless. This is a rare opportunity for an investor to acquire a pride of ownership and well maintained property in a great Mid City location just north of Venice Blvd and close to all major attractions such as Los Angeles County Museum of Art, The Original Farmers Market, The Grove, and the Petersen Museum.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Fireplace No

Appliance Dryer, Washer

Exterior

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5072024012

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Anie Mayelian • Keller Williams Realty Calabasas • 818-915-9118
Bought with Jung Hong • Hope Investment
agent-avatar

Making real estate fast, fun, and stress-free!

+1(951) 760-8943

mark@markperryrealty.com

41789 Nicole Ln, Temecula, CA, 92591, USA

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of HomeSmart Realty West, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1545 4th AVE