4413 La Clede 2, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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Los Angeles, California 90039
This High-Upside Residential Income Property is listed at $1,250,000, representing a stable acquisition at its $1,237,334 Fair Market Value. The asset features a recently remodeled unit with modern finishes and a Condition Rating of 3, providing immediate cash flow and mountain range views. A primary advantage is the 7,502 sqft lot with development potential for two additional units, offering a clear path to Value-Add appreciation. Situated near 9/10 Ivanhoe Elementary and 8/10 John Marshall High, the location ensures ROI potential. This is an ideal opportunity for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4413 La Clede 2 Subject | $1,250,000* List Price | 0 | 0 | 1,891 | $654 | - |
A 4074 Veselich Sold | $1,425,000 | 0 | 0 | 2,375 | $600 | 0.4 mi |
B 4140 Edenhurst Avenue Active | $1,175,000 List Price | 0 | 0 | 1,836 | $640 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a recently remodeled unit with modern finishes, including a contemporary kitchen with shaker cabinets, stainless steel appliances, and quartz-style countertops. The interiors show updated wood-look flooring, recessed lighting, and modern bathroom vanities. While the 1924 exterior and the second unit show signs of age and require some further updates to maximize value, the renovated portion is move-in ready and meets current quality standards.
The property sits on a generous 7,502 sqft lot with the potential to build two additional units in the rear, offering a rare opportunity to double the unit count and maximize long-term appreciation.
One of the two units has been recently remodeled with modern finishes and updated interiors, providing immediate high-market rental income or a move-in ready option for an owner-user.
Situated in the highly desirable 90039 zip code, the property benefits from strong tenant demand due to its proximity to major employment centers, trendy dining, and convenient freeway access.
While the second unit is modernized, the first unit requires further updates to reach its full value-add potential, necessitating additional upfront capital for renovations.
Originally built in 1924, the property may present challenges associated with older plumbing, electrical, or structural systems that are common in century-old Los Angeles multi-family assets.
Exceptional investment opportunity in Los Angeles! Welcome to 4413 La Clede Ave—a versatile 2-unit property offering immediate income potential with significant upside for future development. The second unit has been recently remodeled, featuring modern finishes, updated interiors, and move-in ready appeal—with a strong rental income. The first unit provides additional income potential with room to increase value. Situated on a lot with potential to build two additional units in the rear (buyer to verify with city), this property is ideal for investors looking to expand their portfolio, maximize cash flow, or develop for long-term appreciation. With multiple exit strategies—including buy-and-hold, value-add, or development—this property checks all the boxes. Conveniently located near major freeways, shopping, dining, and employment centers, making it highly desirable for tenants. Don’t miss this rare opportunity to own a high-upside multi-unit property in a prime Los Angeles location.
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 | 1,891 | 1,930 | 44% |
| Lot Size | 7,502 | 5,981 | 78% |
| Price | $1.25M | $1.41M | 44% |
| Price per sq ft | $661 | $744 | 44% |
| Built year | 1924 | 1940 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 139 | 11% |
Apr 13, 2026
$1,250,000
Initial Listing
Jul 23, 2024
$950,000
Public Record