4196 5th Avenue, Los Angeles, CA 90008
Local realty services provided by:ERA North Orange County Real Estate
4196 5th Avenue,Los Angeles, CA 90008
$1,450,000
- 6 Beds
- 6 Baths
- 5,844 sq. ft.
- Multi-family
- Active
Listed by:jacqueline carroll
Office:compass
MLS#:25547151
Source:CRMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$248.12
About this home
4916 5th Avenue is a well-maintained, value-add 6-unit multifamily offering located in the culturally rich and revitalizing Leimert Park neighborhood of Los Angeles. The property consists of six spacious 1-bedroom/1-bathroom units across 5,844 square feet of rentable space, situated on a 7,353 square-foot R3-1 zoned lot. Constructed in 1939, this classic property offers a rare opportunity to invest in one of South LA's most dynamic submarkets.Ownership will benefit from strong in-place income and operational efficiency. Each unit is individually metered for gas and electricity, minimizing landlord responsibilities, which are limited to water, trash, and common-area electricity. On- site amenities include six private garages which may be converted into 1-2 ADUs and additional uncovered parking.Situated near the 10 and 10 Freeways and within minutes of the Crenshaw/LAX Metro Line, the property offers seamless connectivity to major employment centers including Downtown Los Angeles, Culver City, Santa Monica, and Inglewood. Residents also enjoy close proximity to neighborhood landmarks such as Leimert Plaza Park, the Vision Theatre, and a growing selection of local dining and retail options.With its combination of character, cash flow, and long-term upside, 4196 5th Avenue is a rare opportunity for investors seeking stable returns and future growth in one of South LA's most iconic and evolving neighborhoods.
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Home facts
- Year built:1939
- Listing ID #:25547151
- Added:122 day(s) ago
- Updated:September 21, 2025 at 01:19 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Living area:5,844 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1939
- Building area:5,844 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$248.12
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