
Los Angeles, California 90039
This Turnkey Multi-Unit Asset is listed at $1,549,900, representing a premium offering compared to the $1,444,216 Fair Market Value. The property boasts an Excellent Condition Rating after a comprehensive 2024 renovation, featuring Quartz Kitchens, new systems, and a Gated Patio. Situated in the prestigious 9/10 Ivanhoe Elementary School and 8/10 John Marshall High districts, the layout includes a private 3-bedroom front home perfect for a "house-hack" strategy. This stabilized property combines high-end finishes with rental demand, making it ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4401 La Clede Avenue Subject | $1,449,900* List Price | 0 | 0 | 2,150 | $639 | - |
A 4057 Baywood Active | $1,199,000 List Price | 0 | 0 | 2,275 | $527 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation across all four units, including a brand-new studio built in 2024. All units feature new kitchens with quartz countertops and stainless steel appliances, updated bathrooms with new vanities, new flooring, double-pane windows, and modernized electrical and plumbing systems, meeting the criteria for a fully renovated property with no deferred maintenance.
Elementary School: Ivanhoe Elementary School (9/10).
All four units have been extensively remodeled with modern kitchens, quartz countertops, stainless steel appliances, and updated systems, significantly reducing the need for immediate capital expenditures.
The configuration of a private 3-bedroom front home plus three additional units allows for a perfect owner-occupant 'house hack' or a high-yield portfolio addition with market-rate rents already in place.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2150, other record living area = 1656.
The property was recently sold within the past year on 2025-07-23. The sold price is $1,150,000.00.
The owner is responsible for water and sewer expenses averaging approximately $500 per month, which represents a notable recurring impact on the property's net operating income.
Perfect for owner occupant or investor! Live in the main front unit and pay your mortgage with the rental income from the other 3 units in back! Don't miss out on the opportunity to own this beautiful 4-unit property, perfectly situated in one of L.A.'s most sought-after neighborhoods in the heart of the desirable Atwater Village and adjacent Silver Lake. Located just minutes away from the popular Glendale Galleria, restaurants, entertainment, public transit and more, this quadruplex offers convenience and accessibility to its residents. The property consists of one 3-bedroom unit, two 1-bedroom units, and one studio. All of the units have been recently remodeled with brand new kitchens including quartz countertops, updated cabinetry and stainless steel appliances. All-new flooring has been installed throughout all 4 units, as well as fresh interior and exterior paint, new A/C wall units, and all-new bathrooms with upgraded vanities & fixtures, and brand new double pane windows. Brand new electrical panels and upgraded plumbing have been installed, and all 4 units have their own washer & dryer hookups as well! The front home is a very private 3 bedroom/1 bath home with a spacious gated front yard and a long gated driveway with plenty of parking space. The studio was newly built in 2024 and is situated between the front home and the two 1-bedroom units in back. Both 1-bedroom units have identical floor plans with one upstairs and one downstairs. All units are very private. There is a private gated parking area for tenants living in the back 3 units, along with a back patio common area for tenants to enjoy. The 3-bedroom unit can be great for an owner occupant or rented at market value for additional income. The other 3 units are currently leased at market rent with wonderful tenants (all single tenants, only one person in each unit). All tenants pay their own electricity, gas, and trash! Owner only pays for water & sewer (approx. $500/month). Located on a corner lot in a very quiet and peaceful neighborhood, just one block away from the popular Chevy Chase Recreation Center. Take advantage of all the amenities the center has to offer, including basketball courts (lighted/indoor), children's play area, handball courts (lighted), an indoor gym (with weights), a second indoor gym (without weights), several picnic tables, a small park, horseshoe pits, event kitchen, multipurpose sports field, patio seating, ping pong, event stage, TV lounging area, and more!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 44% |
| Baths | 0.0 | 2.0 | 44% |
| Square foot | 2,150 | 1,930 | 56% |
| Lot Size | 5,250 | 5,333 | 33% |
| Price | $1.45M | $1.43M | 56% |
| Price per sq ft | $674 | $744 | 44% |
| Built year | 1922 | 1940 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 139 | 44% |
Apr 15, 2026
$1,449,900
$1,549,900
-6% Price Drop
Initial Listing
Mar 19, 2026
$1,549,900
$1,599,900
-3% Price Drop
Initial Listing
Jan 14, 2026
$1,599,900
Initial Listing
Jul 23, 2025
$1,150,000
Public Record
Aug 7, 2015
$500,000
Public Record