4639 Lomita Street
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 9,371 sqft lot
- 1958 build
- – on site
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We are pleased to offer for sale a 12-unit apartment community located at 4639 Lomita Street. The subject property is located just south of Venice Boulevard and east of La Brea Avenue. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 9,734 square foot parcel, the property is comprised of 10 one-bedroom units and two, two-bedroom units. The property has 37% remaining rental upside through unit renovations along with on-site parking for every unit and on-site laundry facilities. 4639 Lomita Street offers investors an opportunity to acquire a mid-sized asset in a sought-after in-fill submarket of Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units in order to achieve superior market rents moving forward, makes 4639 Lomita Street an excellent acquisition opportunity.
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Last updated Mar 11, 2025
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MLS# 24388399 —
The Building
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Year Built:1958
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:7598.00
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Total Number Of Units:12
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Multi/Split, Two
Location
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Directions:South of Venice Boulevard & West of Vineyard Avenue
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Latitude:34.04655700
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Longitude:-118.33854400
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:9371.0000
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Lot Size Acres:0.2151
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Lot Size SqFt:9371.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5071017010
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
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Parking Spaces:12.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/7/25
Mar 7, 2025
|
Sold | CRMLS_CA | $2,200,000 | -6.4% |
1/6/25
Jan 6, 2025
|
Sold Subject To Contingencies | CRMLS_CA | $2,350,000 | |
5/6/24
May 6, 2024
|
Listed / Active | CRMLS_CA | $2,350,000 |