4115 Council St , Los Angeles, CA 90004
$949,900
Est. Payment: $5,073.13/mo
4 Bed
2 Bath
2000 Sqft
Status: Active | Days on site: 1
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House 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, 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.

Highlights

Listed by Laura Borbon , 562-863-2121 and Matthew Garcia , 562-275-5622 Century 21 Allstars , 562-863-2121. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1921

County

Los Angeles

Area

KREA - Koreatown

Listing ID

DW26189406

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Other:
  • Additional:Ceiling Fan(s), All Bedrooms Down
Water:Public

Exterior Features

Lot:Corner Lot,Street Level,No Land Lease
Garage Capacity:2
Roof:Clay
Others:
  • Additional:Fixer, Repairs Cosmetic, Repairs Major, Stucco, 2+ Total Units
Sewer:Public Sewer
Principal Interest
$5,073
Taxes
$606

Home Price

$949,900

Loan Details

30 yrs
7.034%

Down Payment

20%
$189,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,073.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,073.13 $605.56 $0.00 $5,678.69
Yearly $60,877.57 $7,266.74 $0.00 $68,144.31
Total $1,826,327.10 $218,002.05 $0.00 $2,044,329.15

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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