4068 Sutro Avenue, Los Angeles, CA 90008
List Price: $1.28M
Listing Status: Active
Original List Price: $1.3M
0Days on Market: 123
4 Bedrooms · 4 Bathrooms · 1,551 sq ft
Property Type: Residential
Year Built: 1938
Lot Size: 4,939 sq ft
MLS Number: 26835237
About This Property
A rare two-unit income property in the heart of Leimert Park front house plus a fully permitted, separately addressed detached ADU, two legal units on one deed.The front house: 3 bed / 3 bath, ~1,551 SF, beautifully remodeled with farmhouse-style hardwood floors, a fireplace, and a designer kitchen with a quartz waterfall island. New roof, plumbing, electrical, and a tankless water heater nothing here needs work. The primary suite offers a spa-like bath with a soaking tub, and French doors open to a private backyard with mature fruit trees.The detached ADU (4070 Sutro Ave) has its own address, full kitchen, bath, skylight, and in-unit laundry ready for a tenant, a guest suite, or a home office from day one.This isn't a speculative income play. Apartment buildings sit across the street and down the block, so the rental demand here is already proven, not projected. Current market rents: $4,750/mo for the front house, $1,750/mo for the studio $6,500/mo gross, roughly $78,000 a year.No HOA. No shared walls. Real flexibility for whoever buys it:- House hackers live in the front house, let the ADU offset the mortgage- 1031 exchange buyers two rentable units from close, a strong income-producing replacement property- Multigenerational households a separate, private studio with its own entrance and kitchen for parents or adult childrenMinutes to USC, 1520 to Culver City, and close to Downtown LA, dining, shopping, and Metro access.
Listing provided by: Robyn Calvin DRE #01988615 310-905-5037 robynsellsla@gmail.com, Hoffman Theus
