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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$949,900

Est. payment - /mo

6,107 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26189406

Construction Status Fixer,Repairs Cosmetic,Repairs Major

HOA Y/N No

Year Built 1921

Lot Size 6,107 Sqft

Property Sub-Type Duplex

Property Description

**INVESTOR / FLIP OPPORTUNITY IN THE KOREATOWN CORRIDOR!**

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

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating Floor Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside, Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Wrought Iron

Pool None

Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks

View Y/N No

View None

Roof Type Clay

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot, Street Level

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Construction Status Fixer,Repairs Cosmetic,Repairs Major

Others

Senior Community No

Tax ID 5518004021

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.dropbox.com/scl/fi/bhkglfzzohm2zdq8zc5bg/Unbranded-Video.mov?rlkey=nww4ntvb9nzaknuxwkramulew&st=n5bqq4yk&dl=0

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Listed by Laura Borbon Century 21 Allstars 562-833-0055, DRE #01192623

NEARBY SCHOOL & BUSINESS

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4115 Council ST Los Angeles, CA 90004