4020 Stevely Avenue
Los Angeles, CA 90008
22
Bed
19
Bath
8,746Sqft
8,103Sqft(Lot)
PRICED TO SELL - 9.3 GRM and 6.6% CAP against in place rents with upside to an 8.2 GRM and 8.0% CAP. 12 units in Los Angeles subject to City of LA Rent Control (RSO). 10 of 12 units have been heavily updated with new kitchens, baths, flooring, etc. Only units 4 & 12 remain to be updated. The electrical and plumbing for those 10 units have been updated as well - Buyer to verify. Previous owner spent over $700K on rehab. The parking has also received the City of LA mandatory retrofit. The property features 17 onsite parking spaces (6 tandem spaces and 5 single spaces) which is a huge value add for this apartment dense location with impacted parking. The property has an excellent unit mix of 1, 2 and 3 bedroom units and an onsite laundry room. Section 8 is a big housing provider in this area
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 22Bathroom Information
Total Baths: 19 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1959Building Area Total: 8746Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 8103 Lot Size Acres: 0.186 Lot Size Square Feet: 8,103
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Listing Price Information
Listing Price: $2699000
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Tax Information
Parcel Number: 5028002016
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Virtual Tour
Parking Information
Parking Total: 17 Assigned
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Location Information
Direction: 12 Units subject to City of LA RSO - Rent Control.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3968 Arlington Avenue, Los Angeles, CA, 90008 | $1,100,000 | 5 | 5 | -- | 8,143 Sq. Ft |
| 4171 Garthwaite Avenue, Los Angeles, CA, 90008 | $1,399,000 | 8 | 4 | -- | 5,253 Sq. Ft |
| 3104 W 43rd Place, Los Angeles, CA, 90008 | $1,398,000 | 6 | 4 | 3,100 | 4,507 Sq. Ft |
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ByOwner last updated this listing 10/10/2026 @ 07:44
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