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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1032 4th Avenue Los Angeles, CA 90019
$1,500,000 3 beds, 1 baths
1, 559 sqft
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Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 26991239
List price is $1,500,000
Beds: 3
Baths: 1 (1 full)
Living Room fireplaces
Built in 1921
1,559 sqft
1 story
0.16 acres
Lot size: 0.1550
County: Los Angeles
Property style: Craftsman
Zoning: LAR1
Appliances: Dishwasher,Disposal
Parking description: Driveway
Heating/cooling: Central Air
Heating description: Central
MLS area: C18 - Hancock Park-Wilshire
Furnished: Unfurnished

Last Updated: 9/22/2026

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

The style of this listing is Craftsman.
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Lat/Long: 34.052088, -118.318726.
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Listing Agent: Austin Kim
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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