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4614 Wall Street, Los Angeles, California 90011, Los Angeles, - bed, bath

home-pic
ACTIVE$799,000
4614 Wall Street, Los Angeles, California 90011
0Bed
0Bath
2,310Sqft
6,302Lot
Year Built
1923
Close
-
List price
$799K
Original List price
$849K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25074523
Home ConditionFair
Features
Patio
View-

About this home

Welcome to this exceptional investment opportunity, ideally situated in a welcoming neighborhood with reliable long-term tenants already in place. This side-by-side duplex offers approximately 1,160 sq. ft. per unit, each featuring a spacious three-bedroom, one-bathroom layout, complete with charming fireplaces, laminate wood flooring, and gated parking for added security and convenience. Enjoy low-maintenance landscaping with a generous front yard and a private gated backyard—perfect for relaxing, entertaining, or additional parking. Conveniently Located in the vibrant South Park neighborhood of Los Angeles, this centrally positioned duplex offers unparalleled convenience with easy access to the 110 Freeway, USC, and Downtown LA. Residents enjoy proximity to major transportation routes, as well as an abundance of local parks, recreational facilities, restaurants, and shopping destinations—making this an ideal location for both commuters and those seeking an active urban lifestyle. Whether you're looking for steady rental income or a future home in a connected and community-friendly location, this duplex offers the perfect blend of comfort, stability, and potential. With minimal upkeep required and dependable tenants in place, it’s a smart choice for both investors and homeowners alike.

Nearby schools

2/10
Main Street Elementary School
Public,•K-5•0.5mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.6mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.6mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.6mi
5/10
Estrella Elementary School
Public,•K-5•0.8mi
2/10
Harmony Elementary School
Public,•K-5•0.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.8mi
2/10
Aurora Elementary School
Public,•K-5•0.9mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.0mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.0mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.2mi
3/10
George Washington Carver Middle School
Public,•6-8•0.6mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.8mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.2mi
2/10
John Muir Middle School
Public,•6-8•1.5mi
3/10
Manual Arts Senior High School
Public,•9-12•1.2mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.3mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.5mi
5/10
Santee Education Complex
Public,•9-12•2.0mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.2mi

Price History

Date
Event
Price
08/15/25
Price Change
$799,000
04/04/25
Listing
$849,000
05/14/21
Sold
$650,000
03/09/15
Sold
$266,000
08/11/09
Sold
$247,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds00
Baths00
Square foot2,3102,022
75%
Lot Size6,3025,364
83%
Price$799K$710K
67%
Price per square foot$346$347
50%
Built year19239615962
54%
HOA
Days on market215178
63%
Condition Rating
Fair
Built in 1923, this property is over 100 years old. While the exterior appears maintained and the description notes 'laminate wood flooring' and 'reliable long-term tenants already in place' with 'minimal upkeep required,' there are no interior images provided. This lack of visual evidence for the kitchen, bathrooms, appliances, light fixtures, and systems prevents a higher score. Given its age and the absence of explicit major renovation dates, it's highly probable that the interior, particularly the kitchen and bathrooms, are outdated and would require significant updates to meet modern standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Established Income Stream: This duplex boasts reliable, long-term tenants already in place, providing immediate and consistent rental income with minimal vacancy risk.
Strategic Urban Location: Located in the vibrant South Park neighborhood, offering unparalleled access to the 110 Freeway, USC, and Downtown LA, enhancing tenant demand and property value.
Desirable Unit Layouts: Each unit features a spacious 3-bedroom, 1-bathroom configuration, highly attractive to a broad tenant base and conducive to strong rental performance.
Key Tenant Amenities: The property includes valuable features like gated parking, private gated backyards, and low-maintenance landscaping, appealing to tenants and simplifying property management.
Flexible Investment Potential: Ideal for both seasoned investors seeking steady cash flow and owner-occupants looking to leverage rental income to offset housing costs.

Cons

Property Age & Potential Upgrades: Built in 1923, the property's age suggests potential for outdated systems or deferred maintenance, which may require future capital investment.
Recent Price Adjustment: The recent price reduction from $849,000 to $799,000 could indicate initial overpricing or a longer market presence, potentially affecting perceived value.
Limited Bathroom Count: Each 3-bedroom unit having only one bathroom might be a functional limitation for some tenants, potentially impacting rental desirability or achievable rent compared to units with more facilities.

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