4556 Alumni Avenue, Los Angeles, California 90041, Los Angeles, 90041 - 9 bed, 3 bath
ACTIVE$1,995,000
4556 Alumni Avenue, Los Angeles, California 90041
9Beds
3Baths
3,522Sqft
8,747Lot
Year Built
1935
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$566
HOA
-
Days on market
-
Sold On
-
MLS number
25620561
Home ConditionFair
Features
Good View:
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About this home
We found 4 Cons,6 Pros. Rank: price - $2.00M(82th), sqft - 3522(99th), beds - 9(99th), baths - 3(60th).
A rare Eagle Rock gem, this 1930s, longtime family-held duplex sits just down the street from Occidental College and delivers great income with both homes fully rented to students. The larger front residence offers seven bedrooms, two baths, generous living and dining rooms, a wide covered porch, and upstairs views of the mountains and surrounding neighborhood, while the rear home adds two bedrooms and one bath with an eat-in kitchen. Period character abounds, Mission-style roofline with red-tile accents, original millwork, built-ins, and a stone fireplace, set on a large lot with a long driveway accommodating roughly six cars. Keep it as a high-performing investment supported by the steady university renter pool or explore converting to a single-family home with a separate back house (buyer to verify). Rare scale, authentic charm, and blue-chip location make this an exceptional opportunity.
Nearby schools
5/10
Toland Way Elementary School
Public,•K-6•0.3mi
9/10
Delevan Drive Elementary School
Public,•K-6•0.6mi
5/10
Buchanan Street Elementary School
Public,•K-6•0.7mi
8/10
Eagle Rock Elementary and Magnet Center
Public,•K-6•0.8mi
5/10
Yorkdale Elementary School
Public,•K-6•1.3mi
6/10
Dahlia Heights Elementary School
Public,•K-6•1.4mi
6/10
Rockdale Elementary School
Public,•K-6•1.4mi
6/10
John Muir Elementary School
Public,•K-6•1.7mi
4/10
Annandale Elementary School
Public,•K-6•1.7mi
6/10
Glenoaks Elementary School
Public,•K-6•1.9mi
6/10
San Rafael Elementary School
Public,•K-5•2.6mi
4/10
Roosevelt Elementary School
Public,•K-5•3.8mi
6/10
Luther Burbank Middle School
Public,•6-8•1.9mi
6/10
Theodore Roosevelt Middle School
Public,•6-8•2.2mi
6/10
Woodrow Wilson Middle School
Public,•6-8•2.4mi
2/10
Washington Middle School
Public,•6-8•5.1mi
7/10
Eagle Rock High School
Public,•7-12•0.8mi
7/10
Benjamin Franklin Senior High School
Public,•6-12•1.2mi
6/10
Glendale High School
Public,•9-12•1.7mi
4/10
Blair High School
Public,•6-12•4.0mi
3/10
John Muir High School
Public,•9-12•4.9mi
Price History
Date
Event
Price
11/13/25
Listing
$1,995,000
Condition Rating
Fair
Built in 1935, this property retains its period character but the interior, especially the kitchen and bathrooms, is significantly outdated. The kitchen features dated white cabinets, basic appliances, and older vinyl flooring. Bathrooms have tiled countertops and basic fixtures, suggesting updates from 15-30+ years ago rather than recent renovations. While functional and appearing maintained, the property requires minor to moderate updates to meet current aesthetic and quality standards.
Pros & Cons
Pros
Great Schools: Elementary School: Delevan Drive Elementary School (9/10).
Strong Income-Generating Asset: The property is a high-performing investment, currently fully rented to students, providing 'great income' supported by a 'steady university renter pool' due to its proximity to Occidental College.
Prime Collegiate Location: Strategically located 'just down the street from Occidental College' in a 'blue-chip location' within Eagle Rock, ensuring consistent demand for student rentals and long-term value.
Historic Charm & Architectural Details: Retains significant 'Period character' from its 1930s build, featuring a 'Mission-style roofline with red-tile accents, original millwork, built-ins, and a stone fireplace,' appealing to those seeking authentic charm.
Versatile Investment Opportunity: Offers flexibility as a high-performing duplex or potential for conversion to a single-family home with a separate back house (buyer to verify), catering to different investment strategies.
Ample Space & Parking: Features a 'rare scale' with a large 7-bedroom front residence, a 2-bedroom rear unit, and a 'large lot with a long driveway accommodating roughly six cars,' providing significant utility and convenience.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3522, other record living area = 2822. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 9, other record bedroom count = 3.
Age-Related Maintenance & Systems: Built in 1935, the property may require substantial investment in updating older systems (e.g., plumbing, electrical, HVAC) and addressing potential deferred maintenance typical of properties of this age.
Student Renter Management Specifics: While profitable, managing student tenants can entail higher turnover rates, increased potential for wear and tear, and specific management demands compared to other residential rental types.
Conversion Uncertainty & Cost: The option to convert to a single-family home with an ADU explicitly states 'buyer to verify,' indicating potential complexities, significant costs, and regulatory hurdles that are not guaranteed or included in the current offering.