4616 6th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 2 bath
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4616 6th Avenue
Los Angeles, California 90043
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,768Sq Ft
6,677Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$775,448
9% BelowMARKET VALUE
SUMMARY
This Hyde Park duplex presents a Strong Value Opportunity, listed at $699,900—positioned well below the $773,685 Fair Market Value by 9%. This valuation gap offers $73,785 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property includes significant capital improvements like new electrical panels and a fully remodeled unit. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through immediate, established rental income in a central Los Angeles location.
Estimated Market Value
$775,448+$75,548 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4616 6th Avenue Subject 2 bd · 2 ba · 1,768 sqft · $439 | $699,900* List Price | 2 | 2 | 1,768 | $439 | - |
A 5330 3rd Avenue Sold 0 bd · 0 ba · 1,540 sqft · $422 · 0.5 mi | $650,000 | 0 | 0 | 1,540 | $422 | 0.5 mi |
B 5429 2nd Active 0 bd · 0 ba · 1,714 sqft · $408 · 0.7 mi | $699,000 List Price | 0 | 0 | 1,714 | $408 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1924, the property has undergone significant recent improvements. One unit is fully remodeled with modern kitchen cabinetry and quartz-style counters, while the other features new flooring and an updated bathroom. The installation of new electrical panels addresses critical system concerns for a home of this age, making both units functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Recent Capital Improvements
The property features significant upgrades including new electrical panels, updated flooring, and a fully remodeled unit with new appliances, reducing immediate maintenance costs for a new owner.
- Strategic Location
Situated near the Crenshaw corridor, USC, and Inglewood, the property is well-positioned in a high-demand area for renters and commuters, offering strong long-term appreciation potential.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The surrounding public schools have low performance ratings, with most local elementary and middle schools rated 2 out of 10, which may deter families with school-aged children.
- Limited Unit Configuration
With only one bedroom and one bathroom per unit, the property may face a lower rental ceiling and higher turnover compared to larger multi-bedroom units in the same neighborhood.
About 4616 6th Avenue
Prime Hyde Park Duplex Opportunity! Welcome to 4616–4618 6th Avenue, a well located Duplex offering updated interiors, recent improvements, and income potential in the heart of Los Angeles. Unit 4616 features new flooring and an updated bathroom, while Unit 4618 has been fully remodeled with modern finishes and includes a new refrigerator and stove. Both units also feature new electrical panels, providing a valuable recent upgrade to the property. The property is currently generating $1,915 per month in rental income, offering an immediate income producing opportunity for an investor or owner user. Ideally situated in Hyde Park near Leimert Park and Angeles Mesa, the property is conveniently located near the Crenshaw corridor, USC, and Inglewood, with easy access to restaurants, shopping, entertainment, transportation, and major Los Angeles destinations.With two separate units, updated interiors, new electrical panels, upgraded appliances, and established rental income, 4616–4618 6th Avenue offers flexibility and opportunity in a centrally located Los Angeles community. Whether you’re looking to expand your investment portfolio or seeking an owner-user opportunity with rental income, this Hyde Park duplex presents an excellent opportunity to own property in a vibrant and evolving Los Angeles neighborhood.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1924
- Lot Size
- 6,677 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Forty-Second Street Elementary School
Grades K-5 • 0.4 mi
2/10
Angeles Mesa Elementary School
Grades K-5 • 0.4 mi
3/10
Fifty-Ninth Street Elementary School
Grades K-5 • 1.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.5 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,768 | 2,090.331 |
| Lot Size | 6,677 | 5,852.908 |
| Price | $699.9K | $830.9K |
| Price per sq ft | $396 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 54 | 87 |
Pricing History
Listed for Sale
Sep 16, 2026
$699,900
Initial Listing