$650,000

4720 6th Ave Los Angeles, CA 90043

$7,719
Closing credit¹
0.2 acres
Multi-Family

Property details

About 4720 6th Ave

Discover 4720-4722 6th Ave, a charming duplex with significant investment potential, located on a beautiful palm tree-lined street in the highly sought-after Hyde Park neighborhood of Los Angeles. This tenant-occupied property features a total of 4 bedrooms and 2 baths, with 2 bedrooms in each unit, offering 2,417 square feet of living space on a generous 6,481 square foot lot. Zoned LAR2, the property provides ample opportunities for future development, including the potential to add an Accessory Dwelling Unit (ADU) for additional rental income. The duplex benefits from long-term tenants who consistently pay rent on time, ensuring steady cash flow for investors from day one and lots of upside potential. The long driveway leads to a detached garage, providing plenty of parking and storage space. The property's strategic location near the rapidly developing Crenshaw Corridor, the new Crenshaw/LAX Metro Line, and popular destinations like SoFi Stadium, Culver City, and Downtown LA makes it an ideal choice for investors seeking a buy-and-hold opportunity with significant upside. Hyde Park's ongoing revitalization, combined with infrastructure improvements in South Los Angeles, creates strong rental demand and a promising outlook for future appreciation. This neighborhood offers a unique mix of classic LA charm and modern amenities, attracting a diverse tenant base. Don’t miss out on this prime investment opportunity to expand your portfolio with a property poised for growth and long-term value. Buyers to due their own due diligence, seller does not promise or make any claims on subjects data.

Highlights

Home typeDuplex
HeatingWall Furnace
StatusAccepting Backup Offers
(Active Under Contract)
CoolingWall/Window Unit(s)
Lot size0.1557 Acres
Year built1923
MLS #BB24216740
Garage2 spaces
ViewNeighborhood

Summary

  • MLS Number: BB24216740
  • MLS Name: CRMLS
  • Office Name: Enrique Henry Vega Jr. Broker
  • Office Phone: (323) 833-6466
  • Listing Agent: Henry Vega

IDX 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: 3/14/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home featuring a front lawn

$650,000

4720 6th Ave

$7,719

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 08, 2022
Home Sold
$750,000
Mar 17, 2010
Home Sold
$207,000
Nov 03, 1989
Home Sold
$140,000

Tax history

YearAssessmentProperty Tax
2024$765,000$9,568
2023$750,000$9,390
2022$251,773$3,327
2021$246,837$3,273
2020$244,307$3,182
2019$239,518$3,087
2018$234,823$3,026
2017$230,220$3,026

History based on county public records data.

Nearby schools

3

Angeles Mesa Elementary

Public District KG-5

0.3 mi

2611 W 52nd St

2

42nd Street Elementary School

Public District KG-5

0.4 mi

4231 4th Ave

3

Icef View Park Preparatory Elementary School

Public Charter KG-5

0.6 mi

5311 Crenshaw Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,833. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
50%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
11%
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
22%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 4720 6th Ave in Los Angeles, CA and zip code 90043 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $650,000.

In February 2025 more than 212 listings in Los Angeles, CA were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 280 were sold below. Between January and February 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.

From Rocket Homes Real Estate and based on county public records data.

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