4058 9th Avenue, Los Angeles, CA 90008

$1,300,003

Check out this 1951 mid-century corner Triplex in re-imagined Lemeirt Park area of Los Angeles! In 2017 & 2019, Designer updated the two 2-bedroom + 1 bath units by adding a bright & modern canvas, including laminate/hardwood floors, as well as one of the two-bedroom units having LG combo washer/dryer… Read More unit. The front cottage-like 1-bedroom unit has updated plumbing fixtures & hardwood floors. In July 2024, repiped mainline pipes were installed. Triplex is adjacent to L.A.'s landmark Presidential Row boulevards of Leimert Park. So centrally located, on corner of the highly trafficked but historic Martin Luther King Jr Blvd, you can forget freeway travel, for unit is straight way by surface streets to downtown, LAX, Culver City, Beverly Hills or Santa Monica. Added amenities include: boutique setting of only 3 units; come in & out through 2-unit's own front and rear doors; triplex ensconced in mature palm trees & cacti w/drip system; newer stainless steel stove, hood & refrigerator in 2-bedroom units; 3 garages configured w/a 2-car shared parking & storage bin & a 1 one-car private garage w/storage bin; 2-bedroom units have: mixture of newer tile floors in kitchen & bath; newer granite counters in kitchen; smart recess lighting in kitchen & center hall; newer modern bedroom ceiling fans; & all units have newer hot water heaters. The property has exterior laundry & storage rooms. Audubon Middle Schools' sports field is across the street. Stroll through nearby Lemeirt Park Plaza, referred to by some as a center of a contemporary art scene in Los Angeles and likened to a west coast Greenwich Village w/popular art galleries, blues and jazz clubs, theaters for musicals, dramatic performances, comedy specials, poetry readings, & the historic Vision Theater. Buyers are advised: 1) photos/videos were taken prior to tenants occupancy; 2) verify all square footages mentioned in listing. Units now are all Tenant occupied but 1 Tenant in 2 bedroom unit has recently indicated they may move out in 3 months. Seller may consider a carry back. Seller may consider 1031 exchange. Please do not disturb Tenants. Feel free to drive by 1st to view: 1) exterior; 2) neighborhood; pictures; floor plan; & virtual tour, & 3) confirm w/permit agencies square footages & bedroom/bathroom counts. If interested, submit offer, subject to interior view of tenant units, w/POF, paystubs, statements, evidence of FICO score, loan approval evidence, etc for Seller approval. Broker is part Owner/Trustee of subject property. Read Less

Listing Snapshot

Days Online

155

Last Updated

May 12, 2025

Property Type

Other

Beds

Square Ft.

2,625

Lot Size

0.09 Acres

Year Built

1951

MLS Number

24431319

30 Days Snapshot Of 90008

$1.35M

-1%

(avg) sold price

-50%

homes sold

+5%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

GasCooktop, Disposal, GasOven, Range, Refrigerator, RangeHood, Dryer, Washer

Building

Built in 1951, Building area total: 2,625, Levels: One, Living area: 2625, 1 story, 1 building, Architectural style: Traditional, Construction materials: Other, Stucco

Accessibility Features

Accessibility features: None

Expenses

Electric expense: $996, Gardener expense: $2,296, Insurance expense: $5,897, Maintenance expense: $2,640, New taxes expense: $1,519, Water sewer expense: $2,354

Fireplaces

None

Floors

Laminate, Wood

Garage

3 spaces

Heating

SpaceHeater, WallFurnace

Income

Gross income: $71,772, Net operating income: $55,916

Interior Features

CeilingFans, CrownMolding, RecessedLighting, Storage, Tandem

Laundry

CommonArea, Inside, InKitchen, LaundryRoom, Outside

Lot

0.094 acres, 4,093 square feet, Size: 4,093

Parking

3 totals parking, Assigned, ControlledEntrance, Covered, DoorMulti, DoorSingle, Garage, GarageDoorOpener, Private, SideBySide, Storage

Pool

None

Property

Zoning: LAR3, None, None

Roof

Composition, Shingle

Security Features

CarbonMonoxideDetectors, SmokeDetectors, WindowBars

Spa

None

Tenant Pays

CableTv, Electricity, Gas, TrashCollection

Windows

Blinds, Screens

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