About This Home

This 4-bedroom, 2-bathroom multi-family at 4115 Council Street in Los Angeles, CA is listed for $949,900. Built in 1921, on a 0.14 acres lot.

Key Features

  • Built in 1921
  • 0.14 acre lot
  • 2 parking spaces

Property Details

1 story
2 full
2-car garage
1921
Listing Description

**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, cafes, 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 bot

h 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.

Monthly Cost Estimate

$5,080/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,116
Insurance$277

Estimates only. Actual payments may vary.

Location

4115 Council Street

Los Angeles, CA 90004

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Construction

Stucco

Heating

Floor Furnace

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 4115 Council Street is listed at $949,900. The estimated monthly payment is $5,080 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1921, 0.14 acre lot, 2 parking spaces. Interior Features: Ceiling Fan(s).

This property is listed by Laura Borbon.

LB

Laura Borbon

License 01192623

Agent at Century 21 Allstars

Listed by Century 21 Allstars · Broker phone: (562) 205-3504 · Broker website

MLS# DW26189406· Source: California Regional Multiple Listing Service, Inc· 55 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4115 Council Street, Los Angeles, CA 90004

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