4020 Stevely Avenue, Los Angeles, CA 90008

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
4020 Stevely Avenue,Los Angeles, CA 90008
$2,699,000
  • 22 Beds
  • 19 Baths
  • 8,746 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan swire
Office: the agency424-230-3700
MLS#:26993797
Source:CRMLS

Price summary

  • Price:$2,699,000
  • Price per sq. ft.:$308.6

About this home

PRICED TO SELL - 9.3 GRM and 6.6% CAP against in place rents with upside to an 8.2 GRM and 8.0% CAP. 12 units in Los Angeles subject to City of LA Rent Control (RSO). 10 of 12 units have been heavily updated with new kitchens, baths, flooring, etc. Only units 4 & 12 remain to be updated. The electrical and plumbing for those 10 units have been updated as well - Buyer to verify. Previous owner spent over $700K on rehab. The parking has also received the City of LA mandatory retrofit. The property features 17 onsite parking spaces (6 tandem spaces and 5 single spaces) which is a huge value add for this apartment dense location with impacted parking. The property has an excellent unit mix of 1, 2 and 3 bedroom units and an onsite laundry room. Section 8 is a big housing provider in this area and will pay up to $2,490 per month for a 2 bedroom unit. There is a ton of redevelopment within 1 mile of the property. The Baldwin Hills Crenshaw Plaza and 5035 Coliseum Street mixed-use projects...

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Home facts

  • Year built:1959
  • Listing ID #:26993797
  • Added:11 day(s) ago
  • Updated:October 10, 2026 at 02:32 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:19
  • Living area:8,746 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1959
  • Building area:8,746 sq. ft.
  • Lot area:0.19 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,699,000
  • Price per sq. ft.:$308.6

Parking

  • Total parking spaces:17
  • Parking description:Assigned
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