5025 4th Avenue, Leimert Park, California 90043, Leimert Park, 90043 - bed, bath
ACTIVE$899,000
5025 4th Avenue, Leimert Park, California 90043
0Bed
0Bath
1,638Sqft
5,806Lot
Year Built
1948
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$549
HOA
-
Days on market
-
Sold On
-
MLS number
DW25162005
Home ConditionGood
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $899.0K(75th), sqft - 1638(38th), beds - undefined(50th), baths - undefined(50th).
Welcome to 5025 4th Ave- A Rare Investment opportunity! Renovated multi-unit property fantastic opportunity for both investors and homeowners alike. The main house 2 bedrooms 1 bathroom expose ceiling beams, hardwood floors and updated kitchen with quartz countertops. second unit 1 bedroom 1 bathroom open-concept layout with a large, updated kitchen and its own private entrance both units will deliver vacant. Plus a private detached approximately 300 sqft studio/playroom with bathroom. RV parking with sewer connection, plus lots of parking space!! Must see whether you're an investor or a homeowner looking for rental income!!.
Nearby schools
3/10
Angeles Mesa Elementary School
Public,•K-5•0.1mi
2/10
Forty-Second Street Elementary School
Public,•K-5•0.7mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.7mi
2/10
Yes Academy
Public,•K-5•1.2mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.3mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.7mi
3/10
Windsor Hills Math Science
Public,•K-5•1.9mi
4/10
Centinela Elementary School
Public,•K-6•2.0mi
1/10
Lane (Warren) Elementary School
Public,•K-6•2.1mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.8mi
2/10
Audubon Middle School
Public,•6-8•1.0mi
1/10
Horace Mann Junior High School
Public,•6-8•1.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.2mi
2/10
Crozier (George W.) Middle School
Public,•7-8•3.5mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•4.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.4mi
2/10
Inglewood High School
Public,•9-12•3.1mi
2/10
George Washington Preparatory High School
Public,•9-12•4.2mi
9/10
Middle College High School
Public,•9-12•6.4mi
Price History
Date
Event
Price
07/18/25
$899,000
08/21/14
Sold
$395,000
01/28/14
Sold
$212,000
07/20/00
Sold
$139,500
Condition Rating
Good
This multi-unit property, built in 1948, has undergone significant and modern renovations, particularly in the kitchens and bathrooms, making it move-in ready. Both main units feature updated kitchens with white shaker cabinets, quartz countertops, and stainless steel appliances. Hardwood floors are present in living areas, and at least one bathroom has modern tiling and fixtures. Exposed ceiling beams add character. While the property's original build year is old, the extensive updates visible in the images and described in the listing (e.g., mini-split AC unit) suggest a renovation within the last 5-15 years, aligning with a 'Good' condition score. However, the lack of specific details on the age and condition of major underlying systems (plumbing, electrical, roof) prevents an 'Excellent' rating, as these could still be older despite cosmetic upgrades.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Multi-Unit Income Potential: This property is a duplex with two distinct units (2 bed/1 bath and 1 bed/1 bath), plus an additional detached studio with a bathroom, offering significant rental income opportunities for investors or homeowners seeking supplementary income.
Renovated Interiors & Modern Amenities: Both primary units feature updated kitchens (quartz countertops in the main house, large updated kitchen in the second unit), hardwood floors, and exposed ceiling beams, enhancing their aesthetic appeal and move-in readiness.
Vacant Delivery: Both main units will be delivered vacant, providing immediate flexibility for the new owner to select tenants, occupy one unit, or easily manage the property without existing lease obligations.
Versatile Detached Studio: The approximately 300 sqft detached studio with a bathroom offers highly versatile space, ideal for a home office, guest suite, creative studio, or potential for additional rental income.
Ample Parking & RV Hookup: The property provides abundant parking space and includes a valuable RV parking area with a sewer connection, catering to specific lifestyle needs or offering additional utility.
Cons
Age of Property: Built in 1948, the property's age, despite recent renovations, may indicate potential for older infrastructure or systems that could require future maintenance or upgrades beyond the cosmetic updates mentioned.
Lower School Ratings: The majority of nearby public schools have lower ratings (predominantly 1s and 2s), which could be a deterrent for prospective buyers prioritizing access to highly-rated educational institutions.
Limited System Details: The description focuses on cosmetic renovations but lacks specific information regarding the condition or age of major systems such as HVAC, plumbing, electrical, or roofing, which could lead to unforeseen expenses for a new owner.