4115 Council Street
Los Angeles, CA 90004
Listing broker / agent: Century 21 Allstars · Laura Borbon · 562-833-0055 · CRMLS
MLS # DW26189406 · Last checked Oct 21, 2026 02:40 UTC
About this property
**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.
Property details
- MLS number
- DW26189406
- Status
- Active
- Type
- Residential Income
- Subtype
- Duplex
- Lot size
- 0.1402 acres
- County
- Los Angeles
- Year built
- 1921
More property detailsCollapse
Listing
- Days on market
- 1
Building
- Year built
- 1921
- Year built source
- Assessor
- Building stories
- 1
- Entry level
- 1
- Construction
- Stucco
- Roof
- Clay
- Foundation
- Raised
- Condition
- Fixer, Repairs Cosmetic, Repairs Major
Rooms & interior
- Rooms
- Bedroom, Kitchen, Living Room
- Interior features
- Ceiling Fans, All Bedrooms Down
- Heating
- Floor Furnace
- Cooling
- None
- Fireplace
- None
- Laundry
- Inside, Laundry Room
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Pool
- None
- Lot features
- Corner Lot, Street Level
- Lot size source
- Assessor
- Fencing
- Wrought Iron
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Gutters, Storm Drains, Street Lights, Sidewalks
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Alexandria Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.2 mi |
| Harvard Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.3 mi |
| Cahuenga Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.4 mi |
| Frank del Olmo Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.5 mi |
| Virgil Middle (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–8 | 0.5 mi |
| Charles H. Kim Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.6 mi |
| Everest Value (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–8 | 0.6 mi |
| Rise Kohyang High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.7 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $949,900
- MLS-reported original asking price
- $949,900
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:51 | $949,900 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
557 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 03:33 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗