4115 Council Street
Los Angeles, CA, 90004 $ 949,900
Bedrooms-- Baths1.0 Sq 2,000 Monthly Estimate*
$ 6,561
Listed by Laura Borbon, Century 21 Allstars, lborbon@sbcglobal.net
for $949,900 with 1 full bath. This 2,000 square foot home was built in 1921 on a lot size of 0.1402.
**INVESTOR / FLIP OPPORTUNITY IN THE KOREATOWN CORRIDOR!** Opportunity knocks at **4115 Council Ave, Los Angeles** — a **4-bedroom, 2-bath** property offering strong upside for investors, flippers, contractors, and value-add buyers looking to capitalize on one of Central Los Angeles’ most active and centrally located residential markets. The property consists of **two units, with one unit currently vacant and the second unit occupied on a month-to-month tenancy**, offering added flexibility for an investor evaluating renovation, repositioning, or future occupancy strategies. The property presents an excellent canvas for renovation and modernization, with the potential to create a highly marketable finished product in a desirable Central Los Angeles location. Its four-bedroom, two-bath configuration provides multiple possibilities for an experienced investor seeking to maximize value through strategic improvements. Located within the greater **Koreatown corridor**, the property benefits from the energy, convenience, and continued demand associated with one of Los Angeles’ most dynamic urban neighborhoods. Commonly known as **“K-Town,”** Koreatown is recognized for its vibrant restaurant scene, nightlife, cafés, markets, shopping, entertainment venues, and dense mix of residential and commercial activity. Its central location provides convenient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, major employment centers, transit, and some of the city’s most popular cultural and entertainment destinations. For a seasoned flipper, the opportunity is clear: modernize the interiors, update kitchens and baths, enhance curb appeal, improve functionality, and reposition the property for today’s buyer or investor market. **Bring your contractor, designer, and vision.** With one unit vacant and the second on a month-to-month tenancy, this property offers both immediate access and added flexibility for a buyer looking to execute a value-add strategy in the highly desirable Koreatown/Central Los Angeles market. **Ideal for:** Fix-and-flip investors, contractors, developers, value-add buyers, or investors seeking renovation upside and flexible occupancy in a strong Central Los Angeles location. * SEE SUPPLEMENTS FOR FOUNDATION REPORT AND MARKET RENT INFO.
See more
FeaturesGeneralSewer Public Sewer
Heating Floor Furnace
Cooling None
Roof Clay
Garage Spaces 2
Pool Features None
Construction Materials Stucco
Year Built 1921
View None
Property Subtype Duplex
Gross Income 0
Community Features Gutter(s) Storm Drain(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Contingency * SELLER RESERVES THE RIGHT TO PERFECT A 1031 EXCHANGE"
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North Normandie and Council Street
City Los Angeles
Entry Location Ground Level
Senior Community Y/N false
Number Of Units Total 2
MLS Area KREA - Koreatown
Lot Size Units Square Feet
Lot Size Square Feet 6107
Number of Units Leased 1
Listing Terms 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Fixer Repairs Cosmetic Repairs Major
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.dropbox.com/scl/fi/bhkglfzzohm2zdq8zc5bg/Unbranded-Video.mov?rlkey=nww4ntvb9nzaknuxwkramulew&st=n5bqq4yk&dl=0 https://www.dropbox.com/scl/fi/g33vb92kg2su6mhajw1j8/4115-Council-St-Los-Angeles.mov?rlkey=0iu3sh6415getccjvedmkg3i0&st=5t93lind&dl=0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Total Actual Rent 2300
Property Sub Type Additional Duplex
See more
InteriorInterior Amenities Ceiling Fan(s) All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside Laundry Room
Entry Level 1
See more
ExteriorFencing Wrought Iron
Lot Features Corner Lot Street Level
Water Source Public
Total Parking 2
Lot Size Area 6107
Foundation Details Raised
Number of Buildings 1
Building Area Total 2000
Lot Size Acres 0.1402
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
See more
* Excluded FeaturesList ByLaura BorbonListing Agent
Century 21 AllstarsBroker
lborbon@sbcglobal.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,561
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,942,048
Percent of Sale Price 104%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/9/2026 | $949,900 | | Listed Price |