4515 9th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 2 bath

4515 9th Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$723,000
4515 9th Avenue, Los Angeles, California 90043
4Beds
2Baths
2,256Sqft
7,290Lot
Year Built
1924
Close
-
List price
$723K
Original List price
$723K
Price/Sqft
$320
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24797
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $723.0K(50th), sqft - 2256(88th), beds - 4(75th), baths - 2(63th).

Calling all investors & developers!Unlock the potential of this side-by-side Spanish Revival duplex with a detached garage on a spacious lot--ready to be reimagined into something truly special. This property is a major renovation opportunity offering the perfect canvas for all-cash buyers or seasoned investors looking to bring new life to a classic. Both units are VACANT.Ideally located adjacent to View Park and Leimert Park, enjoy close proximity to DTLA, Culver City, the Westside, LAX. and the dynamic food and arts scene of West Adams--all just minutes away.Bring your vision, creativity, and contractor--this is your opportunity to reimagine, rebuild, and revive in one of L.A.'s most connected and evolving communities.

Nearby schools

2/10
Forty-Second Street Elementary School
Public,K-50.5mi
3/10
Angeles Mesa Elementary School
Public,K-50.6mi
2/10
Fifty-Fourth Street Elementary School
Public,K-51.1mi
2/10
Fifty-Ninth Street Elementary School
Public,K-51.2mi
2/10
Yes Academy
Public,K-51.5mi
3/10
Windsor Hills Math Science
Public,K-51.7mi
4/10
Centinela Elementary School
Public,K-62.0mi
3/10
Seventy-Fourth Street Elementary School
Public,K-52.1mi
1/10
Lane (Warren) Elementary School
Public,K-62.4mi
2/10
Audubon Middle School
Public,6-80.5mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.0mi
1/10
Horace Mann Junior High School
Public,6-82.0mi
3/10
Parent (Frank D.) Elementary School
Public,K-83.0mi
2/10
Crozier (George W.) Middle School
Public,7-83.5mi
/10
Monroe (Albert F.) Middle School
Public,6-84.3mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.3mi
2/10
Inglewood High School
Public,9-123.2mi
2/10
George Washington Preparatory High School
Public,9-124.6mi
9/10
Middle College High School
Public,9-126.8mi

Price History

Date
Event
Price
11/04/25
Listing
$723,000
08/28/19
Sold
$480,000
03/07/14
Sold
$15,000
Condition Rating
Poor

This 1924-built property is in a state of severe disrepair, explicitly marketed as a 'major renovation opportunity.' Images reveal extensive damage including severely peeling ceilings (likely water damage), exposed lath, heavily stained and worn flooring, and completely outdated, unsanitary, and non-functional kitchen and bathroom fixtures. The property requires substantial rehabilitation and extensive system replacements, aligning with the 'Poor' condition criteria, as it is currently unlivable and requires significant investment to be brought to modern standards.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
High Investment Potential: Explicitly marketed as a 'major renovation opportunity' for investors and developers, offering significant upside potential in a desirable Los Angeles market.
Income-Generating Duplex: As a side-by-side duplex, the property offers the advantage of two units, providing immediate potential for rental income and enhanced investment value.
Vacant Units: Both units are vacant, which is a significant benefit for investors, allowing for immediate renovation, remodeling, or tenant placement without the complexities of existing leases or evictions.
Strategic Location: Ideally located adjacent to View Park and Leimert Park, with close proximity to DTLA, Culver City, the Westside, LAX, and the dynamic food and arts scene of West Adams, offering excellent connectivity and desirability.
Spacious Lot: Situated on a spacious 7,290 sqft lot, providing ample room for potential expansion, landscaping, or further development, subject to local zoning regulations.

Cons

Extensive Renovation Required: The property is described as a 'major renovation opportunity' and a 'perfect canvas,' indicating significant capital investment and effort will be required to bring it to modern standards.
Limited Buyer Pool: The listing specifically targets 'all-cash buyers or seasoned investors,' which may limit the potential buyer pool compared to properties suitable for conventional financing or first-time homebuyers.
Subpar School Ratings: Several nearby public schools have low ratings (1s and 2s), which could be a deterrent for families prioritizing highly-rated educational institutions.

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