Check Availability
$425,000
↓ $40K (8.6%)
● House - For Sale

6502 4th

Los Angeles, CA 90043
bedrooms
Studio
bathrooms
0 Bath
square feet
2,463 Ft²
$2,087
Est. Monthly

About This Property

A compelling land and redevelopment play on a corner lot in the Park Mesa Heights neighborhood of Los Angeles. The existing 2,463 square foot structure is a fixer-upper with potential for redevelopment., which permits a broad range of commercial and residential uses. The assessor reflects a prior institutional use designation, adding an interesting dimension for buyers exploring adaptive reuse, ground-up commercial development, or mixed-use projects. Buyer to independently verify all zoning allowances, permitted uses, and development potential with the City of Los Angeles.



The 8,035 square foot corner lot offers excellent visibility and accessibility, situated near Van Ness Recreation Center, Chesterfield Square Park, and everyday retail along nearby commercial corridors. The location provides convenient access to the 10 and 405 freeways, Inglewood, and the broader South LA market; an area that has seen meaningful investor interest in recent years.
Unit Size
2,463 Ft²
Days on Market
179 days
Land Size
0.18 acres
Price per sqft
$173
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

Listed By

Sebastian Stofenmacher
Edgestone Real Estate Inc.

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Last updated: 11 days ago (CRMLS #PW26100150)

Price History

Date / Event Date Event Price
Oct 23, 2026 Price Decreased $425,000
↓ $40K (8.6%)
Price Decreased
Sep 29, 2026 Price Decreased $465,000
↓ $35K (7%)
Price Decreased
Sep 16, 2026 Relisted $499,900
Relisted
Sep 2, 2026 In contract -
In contract
Aug 27, 2026 Price Decreased $499,900
↓ $15K (2.9%)
Price Decreased
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Property Highlights

Fireplace
Interior Details
Laundry Features: None
Fireplace Features: None
Exterior Details
Square Footage: 2463
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1940
Levels: One
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 0.184
Lot Size Units: Acres
Lot Size Acres: 0.184
Lot Size Square Feet: 8015.04
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Forced Air
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,033
  • Total Building Area: 2,463
  • Gross Building Area: 2,463
  • Building Area: 2,463
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,463
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Subdivision: 6543
  • Land Acres: 0000000184
  • Standard Land Use Code: 9104
  • County Land Use Code: 7500
  • Legal Description 1: TRACT NO 6543 LOT/SEC 1 BLK/DIV/TWN 3

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 234800

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 51-D5
  • Subdivision Tract Number: 6543
  • Parcel: 4007-027-001
  • Block: 3
  • Lot: 1
  • Municipality: WEST /HOLLYWOOD PARK
  • Latitude: 33.9815
  • Longitude: -118.321

    Address

  • Full Address: 6502 4th Ave
  • Address - House Number: 6502
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C037
  • 4-Digit Zip Code: 4506
  • Zip Code: 90043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $418,327
  • Tax Rate Code Area: 00-212

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,338
  • Assessed Land Value: $264,488
  • Assessed Improvements Value: $59,850

    Sales

  • Current Sale Contract Date: May 17, 2002
  • Current Sale Recording Date: Sep 04, 2002
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 02-2068113
  • Previous Sale Recording Date: Sep 03, 2002
  • Previous Sale Contract Date: May 17, 2002
  • Previous Sale Amount: $233,000
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South LA


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Frequently Asked Questions

When was property at 6502 4th Avenue built and last sold?
The property at 6502 4th Avenue was built in 1940 and last sold on May 17, 2002 for $233,000.
How much is this home worth?
The estimated value of the home located at 6502 4th Avenue is $451,791.
What are some comparable homes to 6502 4th Avenue?
There are currently no comparable homes to 6502 4th Avenue.