RealKey
‪(213) 433-7766‬

2918 4th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 2 bath

2918 4th Avenue, Los Angeles, California 90018 home-pic-0
ACTIVE$1,100,000
2918 4th Avenue, Los Angeles, California 90018
3Beds
2Baths
1,468Sqft
5,879Lot
Year Built
1912
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$749
HOA
-
Days on market
-
Sold On
-
MLS number
CV25214471
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(62th), sqft - 1468(8th), beds - 3(69th), baths - 2(69th).

Prime Jefferson Park Duplex – Investment Opportunity Welcome to this exceptional duplex located in the highly sought-after neighborhood of Jefferson Park. This income-producing property offers two beautifully updated units with strong, reliable tenants already in place—perfect for both seasoned investors and those looking to start their real estate portfolio. The front unit features 2 bedrooms and 1 bathroom, showcasing recent upgrades that blend comfort with modern appeal. The rear unit is a 1 bedroom, 1 bathroom, also tastefully updated and well-maintained. Both units enjoy the benefit of gated security and convenient rear access to an expansive parking area, providing plenty of space for multiple vehicles. With its prime location near USC, DTLA, Expo Line, and major freeways, this property sits at the center of one of Los Angeles’ fastest-growing and most desirable communities. Please do not disturb tenants.

Nearby schools

3/10
Sixth Avenue Elementary School
Public,•K-5•0.2mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.7mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.9mi
3/10
Arlington Heights Elementary School
Public,•K-5•0.9mi
5/10
Virginia Road Elementary School
Public,•K-5•1.1mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.1mi
2/10
Audubon Middle School
Public,•6-8•1.4mi
5/10
Foshay Learning Center
Public,•K-12•1.1mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.5mi
4/10
West Adams Preparatory High School
Public,•9-12•2.0mi
4/10
Los Angeles Senior High School
Public,•9-12•2.1mi

Price History

Date
Event
Price
09/24/25
Listing
$1,100,000
06/02/04
Sold
$325,000
Condition Rating
Good
Despite being built in 1912, the property has undergone significant and attractive renovations, particularly in the kitchens and bathrooms of both units. Both kitchens feature modern white shaker-style cabinets, updated countertops (granite in one, lighter in the other), and stainless steel appliances. Bathrooms are also updated with modern vanities, tiled showers/tubs, and contemporary fixtures. Flooring throughout is a mix of hardwood and laminate, all in good condition. The property is move-in ready with no immediate renovation required. However, the original build year and the presence of wall-mounted heating/cooling units rather than central HVAC suggest that while cosmetically and functionally updated, it likely hasn't had a full, top-to-bottom system overhaul within the last 5 years to qualify as 'Excellent'.
Pros & Cons

Pros

Investment Potential & Immediate Income: This duplex is explicitly marketed as an 'Investment Opportunity' and is currently income-producing with 'strong, reliable tenants already in place,' offering immediate cash flow for investors.
Prime & Desirable Location: Situated in the 'highly sought-after neighborhood of Jefferson Park,' the property boasts a prime location with excellent proximity to USC, DTLA, the Expo Line, and major freeways, enhancing its rental demand and appreciation potential.
Updated Units: Both the 2-bedroom and 1-bedroom units have been 'beautifully updated' and 'tastefully updated and well-maintained,' minimizing immediate renovation costs for a new owner and appealing to tenants.
Gated Security & Ample Parking: The property offers valuable amenities including 'gated security' and 'convenient rear access to an expansive parking area,' providing ample space for multiple vehicles, a significant advantage in an urban environment.
Duplex Configuration: As a duplex, the property provides two separate income streams, offering greater financial flexibility and potentially higher rental yield compared to a single-family residence.

Cons

Advanced Age of Structure: Built in 1912, the property's age suggests potential for underlying structural or system components (e.g., plumbing, electrical, foundation, roof) that may require significant maintenance or upgrades not covered by cosmetic updates.
Lack of Desirable Views: The property explicitly states 'view: None,' which could be a disadvantage in the competitive Los Angeles market where properties with desirable views often command a premium.
Mixed School Ratings: While some schools are well-rated, several nearby elementary and middle schools have lower ratings (e.g., 2), which might be a consideration for tenants or future buyers with families, potentially affecting long-term demand.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state