Edwin Billones, Listing Office: Keller Williams Studio City
$10,000
closing credit¹
4639 Lomita St Los Angeles, CA 90019
Property details
About 4639 Lomita St
We are pleased to offer for sale a 12-unit apartment community located at 4639 Lomita Street. The subject property is located just south of Venice Boulevard and east of La Brea Avenue. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 9,734 square foot parcel, the property is comprised of 10 one-bedroom units and two, two-bedroom units. The property has 37% remaining rental upside through unit renovations along with on-site parking for every unit and on-site laundry facilities. 4639 Lomita Street offers investors an opportunity to acquire a mid-sized asset in a sought-after in-fill submarket of Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units in order to achieve superior market rents moving forward, makes 4639 Lomita Street an excellent acquisition opportunity.
Highlights
(Active Under Contract)
Summary
- MLS Number: 24388399
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (310) 909-5500
- Listing Agent: Sean Rosenzweig
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: 1/31/2025, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,350,000
4639 Lomita St
$10,000
closing credit¹
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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 | $2,185,980 | $27,672 |
2023 | $2,143,140 | $27,156 |
2022 | $162,348 | $3,336 |
2021 | $159,188 | $3,254 |
2020 | $156,428 | $3,191 |
2019 | $153,362 | $2,997 |
2018 | $150,356 | $2,912 |
2017 | $147,409 | $2,912 |
History based on county public records data.
Nearby schools
5
Alta Loma Elementary School
Public District KG-5
0.2 mi
•1745 Vineyard Ave
6
Queen Anne Place Elementary School
Public District KG-5
0.6 mi
•1212 Queen Anne Pl
4
City Language Immersion Charter
Public Charter KG-5
0.8 mi
•4001 Venice Blvd
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 $42,552. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 4639 Lomita St
This home is located at 4639 Lomita St in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This 7,598 square foot home, which was built in 1958, sits on a 0.22 acre lot. Features: 14 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since May 6, 2024 and is currently priced at $2,350,000.
Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.