search LA homes
More Search Options
  1. Property Video (PT-374)
  2. Community Association (PT-239)

4961 South Central Avenue #4
Los Angeles, CA 90011


Request a Showing

Property Remarks

Perfect opportunity for Investors or Owner user to buy a non rent control 4 unit apartment in Central Los Angeles. Subject apartment is located busy Central Street where bus stop nearby, eateries and shopping stores close by. All units are separate meters for gas and electric with low maintenance. Newer 4 units Apartment in Central Street. Excellent Investment Returns. Excellent Investment Returns

Property Details

MLS#
18302936
Days on Market
13
Year Built
2003
Stories
2
Building/Living Area (sq ft)
4,476
Source of SqFt
Vendor Enhanced
Source of Lot Size
Vendor Enhanced

Location

State
CA
County
Los Angeles
Area
Downtown L.A. (C42)

Presented By:

Jennifer Chan
Pasadena CalBRE# 01780218 626.991.1132 mobile Contact Me Visit My Website

Listing provided courtesy of Jae Park , City Commercial Properties


Exterior

Lot Acreage
0
Paved
No
Waterfront
No

Pool
No Pool
Security
Carbon Monoxide Detector(S)

Interior

Cooking Appliances
Range Hood

Additional Property Details

Number of Units
4
Parking Spaces
8
Number of Buildings
1
Gross Operating Income
$75,718
Total Expense
$30,540
ADA Compliance
No

Heating
Wall Heater
Parking
Assigned

Downtown Los Angeles

The heart of the city, Downtown L.A. is dominated by skyscrapers, and a bustling urban core. Downtown, or as it is sometimes known, DTLA, is alive with hot restaurants, hip hotels, and nightlife that makes downtown a great place to live and play.

Real Estate: Lofts, condos and apartments for sale are prevalent in Downtown Los Angeles. Downtown Los Angeles is divided into several different areas including the Historic Core and the Fashion District. The Broadway area has been revitalized with many new condos and lofts being created in older buildings and new development underway. The area near L.A. Live and the Staples Center is particularly trendy.

Community Life: Downtown Los Angeles now boasts over 500 restaurants and has a burgeoning nightlife scene. Many people come to downtown to see a concert at Disney Hall or professional sports at Staples Center and the L.A. Convention Center plays home to a variety of events from art and design shows to conferences drawing businesspeople from around the world. Grand Central Market offers booths full of some of the most delicious food in the city.

Education: Downtown Los Angeles is served by the Los Angeles Unified School District. Local schools include the Ramon C. Cortines School of Visual and Performing Arts, Downtown Business High School, California Academy for Liberal Studies Early College High School, Para Los Niños Middle School, and others. Private schools include Saint Malachy Catholic Elementary School and American University Preparatory School. The Fashion Institute of Design & Merchandising is located downtown as is the Colburn School for music and the performing arts.

Transportation: Downtown is the hub of the rail transit system with six commuter lines, two subway lines, three light rail lines and many Metro bus routes passing through the city. Union Station is the main railway center and a historic landmark in the city.

Local Attractions:  From the city’s early beginnings on Olvera Street to new construction including the Broad Museum and the Wilshire Grand Tower there is a lot to see downtown. Popular draws include the Angels Flight staircase, Pershing Square with its own ice rink, the Bradbury Building, and the Los Angeles Public Library. 

Community Explorer

Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

The information being provided by SoCalMLS® and/or CARETS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or associate who owns the web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Property information Copyright © 2018 SoCalMLS® Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by SoCalMLS Inc. ® Copyright © 2018 CARETS®. All Rights Reserved.

Property Picks