$10,000 Closing Credit¹
#SR24239544, David Park, Listing Office: David Doowook Park, Broker
#SR25036332·
Listing Office: Keller Williams Realty Calabasas·
Listing Agent: Anie Mayelian·
Listing Office Phone: 818-915-9118
$1,395,000 List price
1545 4th Ave Los Angeles, CA 90019
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 1545 4th Ave
We are pleased to present an excellent 5-unit investment opportunity located near Venice Blvd & Arlington Ave in Mid City! Consisting of +/- 5,664 sq. ft. of rentable space, the subject spaciously features two 3 bedroom / 1 bath units, two 2 bedroom / 1 bath units, and one 1 bedroom / 1 bath unit. Three of the five units were completely remodeled and have new kitchens, bathrooms, windows, restored hardwood flooring and built in cabinetry. Capital improvements include new sewer lines replaced in 2020 and updated electrical panels and subpanels. Other amazing advantages of the building include washer/dryers in each unit, individual water heaters in each unit, as well as on-site private parking provided for tenants. More impressive, the building boasts a GRM of 10.8 and CAP rate of 6.9% on current rents! With a generous lot size of +/- 10,501 sq. ft., the opportunities for further improvements to the property are endless. This is a rare opportunity for an investor to acquire a pride of ownership and well maintained property in a great Mid City location just north of Venice Blvd and close to all major attractions such as Los Angeles County Museum of Art, The Original Farmers Market, The Grove, and the Petersen Museum.
Highlights
Home typeCondominium
StatusActive
Lot size0.2411 Acres
Year built1920
MLS #SR25036332
Summary
- MLS Number: SR25036332
- MLS Name: CRMLS
- Office Name: Keller Williams Realty Calabasas
- Office Phone: (818) 915-9118
- Listing Agent: Anie Mayelian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,395,000
1545 4th Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $67,227 | $2,093 |
| 2023 | $65,910 | $2,080 |
| 2022 | $64,619 | $2,037 |
| 2021 | $63,353 | $1,983 |
| 2020 | $62,705 | $1,955 |
| 2019 | $61,476 | $1,738 |
| 2018 | $60,272 | $1,677 |
| 2017 | $59,092 | $1,677 |
History based on county public records data.
Nearby schools
4
City Language Immersion Charter
Public Charter KG-5
0.2 mi
•4001 Venice Blvd
7
Global Education Academy 2
Public Charter KG-5
0.2 mi
•1717 7th Ave
4
Arlington Heights Elementary School
Public District KG-5
0.3 mi
•1717 7th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,949. Residents of Los Angeles, CA typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
54%
<35k
40%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
39%
Single, No Kids
19%
Single, with Kids
18%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1545 4th Ave
This home is located at 1545 4th Ave in Los Angeles, CA and zip code 90019 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $1,395,000.
In January 2025 more than 294 listings in Los Angeles, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.
From Rocket Homes Real Estate and based on county public records data.