4110 9th Avenue, Los Angeles, California 90008, Los Angeles, 90008 - bed, bath
ACTIVE$1,595,000
4110 9th Avenue, Los Angeles, California 90008
0Bed
0Bath
3,350Sqft
6,478Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Renovations: The triplex has undergone comprehensive renovations, including a new roof, plumbing, electrical, flooring, windows, kitchens, and bathrooms, ensuring a modern and low-maintenance property for investors.
Top Cons:
No Explicit Central Air Conditioning: The property description does not mention central air conditioning, which is a highly desired amenity in Los Angeles and its absence could be a drawback for potential tenants.
Compared to the nearby listings
Price:$1.59M vs avg $1.20M (+$395,000)67%
Size:3,350 sqft vs avg 2,063 sqft67%
Price/sqft:$476 vs avg $47650%
More Insights
Built in 1941 (84 years old).
Condition: Despite being built in 1941, the property has undergone extensive and full renovations, including new roof, plumbing, electrical, flooring, windows, kitchens, and bathrooms. The images confirm a modern, virtually new condition with contemporary styles and features throughout, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1941
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
PF25262838
Home ConditionExcellent
Features
View-
About this home
Great opportunity to acquire a fully renovated triplex in the heart of Leimert Park. This property has undergone extensive renovations, including a new roof, plumbing, electrical, flooring, windows, kitchens, and bathrooms, transforming it into a modern and desirable rental haven. With three spacious units all with their private laundry area and garage. Two large units featuring three bedrooms and two bathrooms, the smaller unit is two bedrooms and 1 bathroom. This triplex is poised to attract discerning tenants seeking stylish and well-maintained living spaces. This triplex presents an exciting opportunity for investors seeking a property with immediate income potential and the possibility to add value and increasing gross income by building an ADU above the large detached 3 car garage. The property's occupancy status allows new owners to set rental rates at market value, maximizing their return on investment. A must see!
Nearby schools
2/10
Forty-Second Street Elementary School
Public,•K-5•0.4mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.5mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.2mi
2/10
Coliseum Street Elementary School
Public,•K-5•1.2mi
3/10
Hillcrest Drive Elementary School
Public,•K-5•1.2mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•1.3mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.5mi
2/10
Audubon Middle School
Public,•6-8•0.2mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.3mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.8mi
5/10
Foshay Learning Center
Public,•K-12•1.3mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.4mi
Price History
Date
Event
Price
03/17/22
Sold
$1,150,000
01/16/19
Sold
$1,025,000
02/13/17
Sold
$239,000
Condition Rating
Excellent
Despite being built in 1941, the property has undergone extensive and full renovations, including new roof, plumbing, electrical, flooring, windows, kitchens, and bathrooms. The images confirm a modern, virtually new condition with contemporary styles and features throughout, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons
Pros
Extensive Renovations: The triplex has undergone comprehensive renovations, including a new roof, plumbing, electrical, flooring, windows, kitchens, and bathrooms, ensuring a modern and low-maintenance property for investors.
Strong Income Potential: As a fully renovated residential income property, it offers immediate income potential with the ability for new owners to set rental rates at market value, maximizing return on investment.
Value-Add Opportunity: There is significant potential to increase gross income and property value by building an Accessory Dwelling Unit (ADU) above the large detached 3-car garage.
Desirable Unit Configuration: The property features three spacious units, including two 3-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit, each with private laundry and garage, appealing to a broad tenant base.
Prime Location: Situated in the heart of Leimert Park, a culturally rich and desirable neighborhood in Los Angeles, enhancing its appeal to tenants and long-term appreciation.
Cons
No Explicit Central Air Conditioning: The property description does not mention central air conditioning, which is a highly desired amenity in Los Angeles and its absence could be a drawback for potential tenants.
Limited Parking per Unit: While each unit has a garage, a 'large detached 3 car garage' for three units implies only one dedicated space per unit, which may be insufficient for multi-car households or guests, especially for the larger units.
Lower-Rated Local Schools: Several nearby elementary and middle schools have low ratings (2/10), which could deter families with school-aged children and potentially impact the property's long-term tenant demand or resale value.