UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $474
MLS Listing ID DW-26189406
Year Built 1921
Lot Size 6,107 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Opportunity knocks at **4115 Council Ave, Los Angeles** — a **4-bedroom, 2-bath** property offering strong upside for investors, flippers, contractors, and value-add buyers looking to capitalize on one of Central Los Angeles' most active and centrally located residential markets.
The property consists of **two units, with one unit currently vacant and the second unit occupied on a month-to-month tenancy**, offering added flexibility for an investor evaluating renovation, repositioning, or future occupancy strategies.
The property presents an excellent canvas for renovation and modernization, with the potential to create a highly marketable finished product in a desirable Central Los Angeles location. Its four-bedroom, two-bath configuration provides multiple possibilities for an experienced investor seeking to maximize value through strategic improvements.
Located within the greater **Koreatown corridor**, the property benefits from the energy, convenience, and continued demand associated with one of Los Angeles' most dynamic urban neighborhoods. Commonly known as **“K-Town,”** Koreatown is recognized for its vibrant restaurant scene, nightlife, cafés, markets, shopping, entertainment venues, and dense mix of residential and commercial activity. Its central location provides convenient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, major employment centers, transit, and some of the city's most popular cultural and entertainment destinations.
For a seasoned flipper, the opportunity is clear: modernize the interiors, update kitchens and baths, enhance curb appeal, improve functionality, and reposition the property for today's buyer or investor market.
**Bring your contractor, designer, and vision.** With one unit vacant and the second on a month-to-month tenancy, this property offers both immediate access and added flexibility for a buyer looking to execute a value-add strategy in the highly desirable Koreatown/Central Los Angeles market.
**Ideal for:** Fix-and-flip investors, contractors, developers, value-add buyers, or investors seeking renovation upside and flexible occupancy in a strong Central Los Angeles location. * SEE SUPPLEMENTS FOR FOUNDATION REPORT AND MARKET RENT INFO.
Location
State CA
County Los Angeles
Area Krea - Koreatown (L)
Interior
Interior Features Ceiling Fan(s)
Heating Floor Furnace
Fireplaces Type None
Laundry Individual Room, Inside
Exterior
Garage Spaces 2.0
Pool None
Community Features Gutters, Sidewalks, Storm Drains, Street Lights
View Y/N No
View None
Building
Lot Description Corner Lot, Level with Street
Sewer Public Sewer
Others
Virtual Tour https://www.dropbox.com/scl/fi/bhkglfzzohm2zdq8zc5bg/Unbranded-Video.mov?rlkey=nww4ntvb9nzaknuxwkramulew&st=n5bqq4yk&dl=0
Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900