Millman Team Real Estate

$1,450,000
6 Bed
6 Bath
5,844 Sqft
0.17 Acre Lot

4196 5th Avenue, Los Angeles, California 90008

  • Residential Income Property Type
  • 5,844 Sqft Square Footage
  • 1939 Year Built
Property Description

4916 5th Avenue is a well-maintained, value-add 6-unit multifamily offering located in the culturally rich and revitalizing Leimert Park neighborhood of Los Angeles. The property consists of six spacious 1-bedroom/1-bathroom units across 5,844 square feet of rentable space, situated on a 7,353 square-foot R3-1 zoned lot. Constructed in 1939, this classic property offers a rare opportunity to invest in one of South LA’s most dynamic submarkets.Ownership will benefit from strong in-place income and operational efficiency. Each unit is individually metered for gas and electricity, minimizing landlord responsibilities, which are limited to water, trash, and common-area electricity. On- site amenities include six private garages which may be converted into 1-2 ADUs and additional uncovered parking.Situated near the 10 and 10 Freeways and within minutes of the Crenshaw/LAX Metro Line, the property offers seamless connectivity to major employment centers including Downtown Los Angeles, Culver City, Santa Monica, and Inglewood. Residents also enjoy close proximity to neighborhood landmarks such as Leimert Plaza Park, the Vision Theatre, and a growing selection of local dining and retail options.With its combination of character, cash flow, and long-term upside, 4196 5th Avenue is a rare opportunity for investors seeking stable returns and future growth in one of South LA’s most iconic and evolving neighborhoods.

Basic Details
Residential Income
For Sale
25547151
$1,450,000
6
6
5,844 Sqft
1939
0.17 Acre
Active Under Contract
Features
: Forced Air
: None
$0
Appliances
: Microwave
Address Map
CA
Los Angeles
Los Angeles
90008
5th
4196
Avenue
Located on the west corner of 42nd St and 5th Ave
PHHT - Park Hills Heights
LAR3
Additional Information
$0
$0
$0
$0
$0
5844
6.0
: Two
6
2025-06-04
2
2
Broker/Agent Information
Compass
Jacqueline Carroll
Listing Information
John Swartz
CLW-C106829
CLW-X81461
Compass
CLW-C143828
CLW-X81461
Active Under Contract
2025-10-13T19:22:47Z
CRMLS
: Standard
2025-10-13T00:00:00Z
Agent info
Ray Millman
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