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3 Beds
1 Bath
1,559 sqft

$1,500,000

1032 4th Avenue, Los Angeles CA, 90019

Price per sqft$962.16
Built in1921
Property size1,559 sqft
Property typeResidential

Overview

Active

Listed Sep 21, 2026

Updated 7 days ago

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. Public records reflect a 3-bedroom, 1-bathroom Single Family Residence. The property is currently configured and used as 4 bedrooms and 4 bathrooms, with certain improvements and configurations being unpermitted. Buyer to independently verify all permits, bedroom/bathroom count, square footage, zoning, use, and legality of existing improvements with the appropriate governmental agencies. 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 independently verify all applicable restrictions, requirements, and guidelines with the City/County.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26991239

Interior Features

Bedrooms
3
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres
MLS provider logo

Listed by Austin Kim, with Solomon Realty
Listing Contact: 323-833-1702 

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