4626 Alla Rd
LOS ANGELES, CA 90066

Property

Ownership: For Sale
Bedrooms: 3 BR
Bathrooms: 2
Area: 4947 sq ft
Lot Size: 0.11 Acres

Financials

Price:$950,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Marcus & Millichap

Description

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 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.

Neighborhood

More listings:

4626 Alla Rd 3BR Marina Del Rey La


CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.