4196 5th Ave

Los Angeles, CA 90008

$1,176,000
Last Sold Price
6
Beds
6
Baths
5,844 Sq. Ft.
$201 / Sq. Ft.
5,844
Sq. Ft.
$201
per Sq. Ft.
Sold 11/17/25
Sold 11/17/25

Description

4916 5th Avenue is a well-maintained, value-add 6-unit multifamily offering located in the culturally rich and revitalizing Leimert Park neighborhood of Los Angeles. The property consists of six spacious 1-bedroom/1-bathroom units across 5,844 square feet of rentable space, situated on a 7,353 square-foot R3-1 zoned lot. Constructed in 1939, this classic property offers a rare opportunity to invest in one of South LA's most dynamic submarkets.Ownership will benefit from strong in-place income and...4916 5th Avenue is a well-maintained, value-add 6-unit multifamily offering located in the culturally rich and revitalizing Leimert Park neighborhood of Los Angeles. The property consists of six spacious 1-bedroom/1-bathroom units across 5,844 square feet of rentable space, situated on a 7,353 square-foot R3-1 zoned lot. Constructed in 1939, this classic property offers a rare opportunity to invest in one of South LA's most dynamic submarkets.Ownership will benefit from strong in-place income and operational efficiency. Each unit is individually metered for gas and electricity, minimizing landlord responsibilities, which are limited to water, trash, and common-area electricity. On- site amenities include six private garages which may be converted into 1-2 ADUs and additional uncovered parking.Situated near the 10 and 10 Freeways and within minutes of the Crenshaw/LAX Metro Line, the property offers seamless connectivity to major employment centers including Downtown Los Angeles, Culver City, Santa Monica, and Inglewood. Residents also enjoy close proximity to neighborhood landmarks such as Leimert Plaza Park, the Vision Theatre, and a growing selection of local dining and retail options.With its combination of character, cash flow, and long-term upside, 4196 5th Avenue is a rare opportunity for investors seeking stable returns and future growth in one of South LA's most iconic and evolving neighborhoods.

Listing Agents

  1. Jacqueline Carroll

    Jacqueline Carroll

    Listing Agent

    Compass

    DRE #02139996

    CallTextEmail
  2. John Swartz

    John Swartz

    Alternative Listing Agent

    Compass

    DRE #01873487

    john.swartz@compass.com

    P: (310)-779-9929

    CallTextEmail

Property Details for 4196 5th Avenue

Zoning
LAR3
Parcel Number
5023022016
Total Units
6.0
Living Area
5844
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
0
Lot Size Area
7353
LISTING UPDATED: 11/17/2025 04:46 PM

Property Details for 4196 5th Avenue

StatusSold
MLS #25547151
Days on Market131
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.17 AC / 7,353 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Jacqueline Carroll, DRE #02139996; Compass, John Swartz, DRE #01873487

Sold By Clint Lukens Realty, Gary Eckwortzel, DRE #01767252

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Building Information for 4196 5th Avenue

Stories2Residences-Year Built1939Building Size-Lot Size0.17 AC / 7,353 SF

Payment Calculator

$6,369 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,811

Property Taxes

$558

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4196 5th Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $121,752
  • Net Operating Income: $82,347.00
  • Gross Income: $121,752
  • Cap Rate: 5.68%
  • Gross Rent Multiplier: $11.91
  • Total Annual Expense: 39405
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1688
  • Lot Size Square Feet: 7353
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 10
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 6
  • Garage Structures Total: 6.0
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Microwave
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-04-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,691.00
  • Unit Actual Rent: $10,146.00
  • Unit Projected Rent: $14,550.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $256,154.00
  • Assessed Improvement Percent: 56.67
  • Assessed Land Value: $195,879.00
  • Assessed Land Percent: 43.33
  • Assessed Total Value: $452,033.00

Property History for 4196 5th Avenue

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Sold

CRMLS #25547151

$1,176,000—
Nov 17, 2025

Sold

CLAW #25547151

—
Nov 10, 2025

Sold (Public Record)

Public Record #1919712165

$1,176,000—
Oct 13, 2025

Pending

CLAW #25547151

—
Oct 13, 2025

Accepting Backup Offers

CLAW #25547151

—
Oct 13, 2025

Accepting Backup Offers

CRMLS #25547151

—
Sep 3, 2025

Listed (Active)

CLAW #25547151

$1,450,000—
Jul 18, 2025

Accepting Backup Offers

CLAW #25547151

—
Jun 4, 2025

Listed (Active)

CRMLS #25547151

$1,450,000—
Jun 4, 2025

Listed (Active)

CLAW #25547151

$1,450,000—
Apr 1, 2009

Expired

CLAW #08-318209

$895,000—
Apr 1, 2009

Expired

CRMLS #08318209

$895,000—
Oct 1, 2008

Listed (Active)

CLAW #08-318209

$895,000—
Oct 1, 2008

Listed (Active)

CRMLS #08318209

$895,000—
Jan 1, 2007

Expired

CLAW #06-030681

$1,100,000—
Oct 20, 2006

Expired

CRMLS #M502817

$1,250,000—
Oct 20, 2006

Expired

CLAW #M502817MR

—
Oct 3, 2006

Listed (Active)

CLAW #06-030681

$1,250,000—
Jan 19, 2006

Expired

CLAW #05-064131

$1,250,000—
Oct 21, 2005

Listed (Active)

CLAW #M502817MR

$1,250,000—
Oct 21, 2005

Listed (Active)

CRMLS #M502817

$1,250,000—
Oct 19, 2005

Listed (Active)

CLAW #05-064131

$1,250,000—
DateEvent & SourcePrice
11/17/2025

Sold

CRMLS #25547151

$1,176,000
11/17/2025

Sold

CLAW #25547151

—
11/10/2025

Sold (Public Record)

Public Record #1919712165

$1,176,000
10/13/2025

Pending

CLAW #25547151

—
10/13/2025

Accepting Backup Offers

CLAW #25547151

—
10/13/2025

Accepting Backup Offers

CRMLS #25547151

—
09/03/2025

Listed (Active)

CLAW #25547151

$1,450,000
07/18/2025

Accepting Backup Offers

CLAW #25547151

—
06/04/2025

Listed (Active)

CRMLS #25547151

$1,450,000
06/04/2025

Listed (Active)

CLAW #25547151

$1,450,000
04/01/2009

Expired

CLAW #08-318209

$895,000
04/01/2009

Expired

CRMLS #08318209

$895,000
10/01/2008

Listed (Active)

CLAW #08-318209

$895,000
10/01/2008

Listed (Active)

CRMLS #08318209

$895,000
01/01/2007

Expired

CLAW #06-030681

$1,100,000
10/20/2006

Expired

CRMLS #M502817

$1,250,000
10/20/2006

Expired

CLAW #M502817MR

—
10/03/2006

Listed (Active)

CLAW #06-030681

$1,250,000
01/19/2006

Expired

CLAW #05-064131

$1,250,000
10/21/2005

Listed (Active)

CLAW #M502817MR

$1,250,000
10/21/2005

Listed (Active)

CRMLS #M502817

$1,250,000
10/19/2005

Listed (Active)

CLAW #05-064131

$1,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4196 5th Avenue

Taxable ValueLand$199,796Additions$261,277Total$461,073
Tax Record2025$6,701 ($558 / month)
Home Facts
Total Finished SqFt5,844 SqFtAbove Grade Finished SqFt5,844 SqFtLot Size7,368 SqFtStyleMulti-Family Res (5+ Units)Year Built1939ZoningLAR3CountyLOS ANGELESAPN5023-022-016

Schools near 4196 5th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Forty-Second Street Elementary School
Public - K to 5
New Heights Charter School
Charter - K to 8
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public - 9 to 12
Crenshaw Arts-Technology Charter High School
Charter - 9 to 12
Rating
School
Distance
Forty-Second Street Elementary School
PublicK to 5

New Heights Charter School
CharterK to 8

Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public9 to 12

Crenshaw Arts-Technology Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Jacqueline Carroll, DRE #02139996; Compass, John Swartz, DRE #01873487

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.