We are pleased to present 4624-4626 Alla Rd, Los Angeles, CA 90066, a compelling duplex investment opportunity in a high-demand rental market. Built in 1957, this 1,854-square-foot multi-family property comprises two units: a one-bedroom, one-bath unit and a two-bedroom, one-bath unit, situated on a 4,947-square-foot lot zoned R1. The property's… Read More configuration offers flexibility for investors, appealing to a range of tenants, from singles to small families, in the vibrant Mar Vista and Marina del Rey neighborhood. Los Angeles' chronic housing shortage and strong rental demand ensure consistent cash flow potential, with the ability to adjust rents as the area continues to appreciate. The R1 zoning offers potential for future enhancements, and or redevelopment. Its prime location, just minutes from Marina del Rey's waterfront, beaches, and tech-centric Silicon Beach, enhances its long-term appreciation potential. Investors can capitalize on both immediate rental income and future growth in one of Los Angeles' most desirable submarkets. Situated at 4624-4626 Alla Rd in the heart of Los Angeles' Marina del Rey neighborhood, this duplex benefits from an enviable location that blends coastal charm with urban accessibility. The property is just a short distance from the Marina del Rey harbor, offering residents access to boating, dining, and recreational activities along the waterfront. Its proximity to Silicon Beach, home to major tech companies like Google and Snap Inc., attracts professionals seeking convenient commutes, boosting rental demand. The neighborhood's vibrant lifestyle is complemented by nearby Venice Beach, Abbot Kinney Boulevard's eclectic shops and eateries, and easy access to major thoroughfares like the 90 and 405 freeways, connecting residents to downtown Los Angeles, Santa Monica, and beyond. The 4,947-square-foot lot is nestled in a residential enclave zoned R1, ensuring a stable, low-density community atmosphere while remaining close to commercial hubs. With Los Angeles' ongoing population growth and limited housing supply, this location positions the property as a prime asset in a dynamic and appreciating market. Read Less
Property listed by Marcus & Millichap, Jeffrey Louks 818-212-2700
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
3
Square Ft.
1,854
Lot Size
0.11 Acres
Year Built
1957
MLS Number
25540917
30 Days Snapshot Of 90066
$2.20M
+6%
(avg) sold price
30
+11%
homes sold
47
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957, Building area total: 1,854, Levels: One, Living area: 1854, 1 story, 1 building
Cooling
WallWindowUnits
Heating
None
Income
Gross income: $48,001, Net operating income: $18,695
Lot
0.1136 acres, 4,947 square feet, Size: 4,947
Parking
2 totals parking, None
Property
Zoning: LAR1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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