4115 Council, Los Angeles, California 90004, Los Angeles, 90004 - 0 bed, 0 bath
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4115 Council
Los Angeles, California 90004
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,000Sq Ft
6,107Lot Size
Property Price
LIST PRICE$949,900
EST. MARKET VALUE
$960,477
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $949,900—positioned well below the $960,478 Fair Market Value by 1%. This valuation gap offers $10,578 in Instant Equity for buyers. With a Fair Condition Rating and a 2,000 sqft duplex layout, the asset requires significant renovation to maximize rental yields in the Koreatown corridor. Featuring a private patio and flexible occupancy, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking value-add potential.
Estimated Market Value
$960,477
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4115 Council Subject 0 bd · 0 ba · 2,000 sqft · $480 | $949,900* List Price | 0 | 0 | 2,000 | $480 | - |
A 4452 Rosewood Avenue Active 2 bd · 2 ba · 1,624 sqft · $493 · 0.2 mi | $799,949 List Price | 2 | 2 | 1,624 | $493 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1921 and explicitly marketed as a fix-and-flip rehab opportunity. The kitchen and interiors are severely outdated with significant wear, and the inclusion of a foundation report suggests potential structural defects requiring major renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Koreatown Location
Situated in the high-demand Koreatown corridor, the property offers exceptional access to vibrant dining, nightlife, and major employment hubs like DTLA and Hollywood, ensuring consistent tenant demand.
- Flexible Occupancy Status
With one unit delivered vacant and the other on a month-to-month tenancy, investors have immediate access to begin renovations or reposition the asset without the hurdle of long-term lease constraints.
- Significant Value-Add Potential
The 2,000 sqft duplex on a generous 6,107 sqft lot provides a substantial canvas for modernization, modernization of interiors, and potential expansion to maximize rental income or resale value.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
As a 1921-built 'fixer' marketed for investors, the property likely requires significant capital investment for structural, system, and cosmetic updates to meet modern market standards.
- Regulatory & Tenant Complexity
The presence of an occupied unit in Los Angeles necessitates navigating local rent stabilization ordinances, which may complicate immediate redevelopment plans or achieving full-site vacancy.
About 4115 Council
**INVESTOR / FLIP OPPORTUNITY IN THE KOREATOWN CORRIDOR!** Opportunity knocks at **4115 Council Ave, Los Angeles** — a **4-bedroom, 2-bath** property offering strong upside for investors, flippers, contractors, and value-add buyers looking to capitalize on one of Central Los Angeles’ most active and centrally located residential markets. The property consists of **two units, with one unit currently vacant and the second unit occupied on a month-to-month tenancy**, offering added flexibility for an investor evaluating renovation, repositioning, or future occupancy strategies. The property presents an excellent canvas for renovation and modernization, with the potential to create a highly marketable finished product in a desirable Central Los Angeles location. Its four-bedroom, two-bath configuration provides multiple possibilities for an experienced investor seeking to maximize value through strategic improvements. Located within the greater **Koreatown corridor**, the property benefits from the energy, convenience, and continued demand associated with one of Los Angeles’ most dynamic urban neighborhoods. Commonly known as **“K-Town,”** Koreatown is recognized for its vibrant restaurant scene, nightlife, cafés, markets, shopping, entertainment venues, and dense mix of residential and commercial activity. Its central location provides convenient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, major employment centers, transit, and some of the city’s most popular cultural and entertainment destinations. For a seasoned flipper, the opportunity is clear: modernize the interiors, update kitchens and baths, enhance curb appeal, improve functionality, and reposition the property for today’s buyer or investor market. **Bring your contractor, designer, and vision.** With one unit vacant and the second on a month-to-month tenancy, this property offers both immediate access and added flexibility for a buyer looking to execute a value-add strategy in the highly desirable Koreatown/Central Los Angeles market. **Ideal for:** Fix-and-flip investors, contractors, developers, value-add buyers, or investors seeking renovation upside and flexible occupancy in a strong Central Los Angeles location. * SEE SUPPLEMENTS FOR FOUNDATION REPORT AND MARKET RENT INFO.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1921
- Lot Size
- 6,107 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,000 | 2,090.331 |
| Lot Size | 6,107 | 5,852.908 |
| Price | $949.9K | $830.9K |
| Price per sq ft | $475 | $394 |
| Built year | 1921 | 1928 |
| HOA | $0 | $0 |
| Days on market | 62 | 87 |
Pricing History
Listed for Sale
Sep 8, 2026
$949,900
Initial Listing