5
See all 5 photos
$875,000
Est. payment /mo
3 Beds
2 Baths
1,854 SqFt
Price Dropped by $75K
4626 Alla RD Los Angeles, CA 90066
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,854 sqft
Price per Sqft $471
MLS Listing ID 25540917
Bedrooms 3
HOA Y/N No
Year Built 1957
Lot Size 4,948 Sqft
Property Description
We are pleased to present 4624-4626 Alla Rd, Los Angeles, CA 90066, a compelling duplex investment opportunity in a high-demand rental market. Built in 1957, this 1,854-square-foot multi-family property comprises two units: a one-bedroom, one-bath unit and a two-bedroom, one-bath unit, situated on a 4,947-square-foot lot zoned R1. The property's configuration offers flexibility for investors, appealing to a range of tenants, from singles to small families, in the vibrant Mar Vista and Marina del Rey neighborhood. Los Angeles' chronic housing shortage and strong rental demand ensure consistent cash flow potential, with the ability to adjust rents as the area continues to appreciate. The R1 zoning offers potential for future enhancements, and or redevelopment. Its prime location, just minutes from Marina del Rey's waterfront, beaches, and tech-centric Silicon Beach, enhances its long-term appreciation potential. Investors can capitalize on both immediate rental income and future growth in one of Los Angeles' most desirable submarkets. Situated at 4624-4626 Alla Rd in the heart of Los Angeles' Marina del Rey neighborhood, this duplex benefits from an enviable location that blends coastal charm with urban accessibility. The property is just a short distance from the Marina del Rey harbor, offering residents access to boating, dining, and recreational activities along the waterfront. Its proximity to Silicon Beach, home to major tech companies like Google and Snap Inc., attracts professionals seeking convenient commutes, boosting rental demand. The neighborhood's vibrant lifestyle is complemented by nearby Venice Beach, Abbot Kinney Boulevard's eclectic shops and eateries, and easy access to major thoroughfares like the 90 and 405 freeways, connecting residents to downtown Los Angeles, Santa Monica, and beyond. The 4,947-square-foot lot is nestled in a residential enclave zoned R1, ensuring a stable, low-density community atmosphere while remaining close to commercial hubs. With Los Angeles' ongoing population growth and limited housing supply, this location positions the property as a prime asset in a dynamic and appreciating market.
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Zoning LAR1
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 2
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4223004012
Special Listing Condition Standard
Listed by Jeffrey Louks Marcus & Millichap
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