1032 4th Avenue, Los Angeles, CA 90019

Property Description

Nestled in a quiet and desirable neighborhood, this unique property offers flexible living arrangements and excellent income potential. Thoughtfully remodeled approximately four years ago, the main residence was configured into two separate living areas, with a front 1-bedroom, 1-bath unit currently rented for $1,900/month and a rear 2-bedroom, 2-bath owner-occupied unit. An additional converted garage offers a 1-bedroom, 1-bath space currently rented for $1,700/month, generating approximately $3,600/month in total rental income.The partition separating the main residence can be removed to restore a more open configuration, subject to buyer verification. Title records reflect 3 bedrooms and 1 bathroom; buyer to independently verify all permits, square footage, bedroom/bathroom count, and use with the appropriate authorities. Property can be delivered vacant at Close of Escrow.Conveniently located near restaurants, hospitals, markets, and other everyday amenities. Features include a tankless water heater and a versatile layout offering multiple possibilities for an owner-user or investor. Property is located within a Historic Preservation Overlay Zone (HPOZ); buyer to verify all applicable restrictions, requirements, and guidelines with the City/County.