35
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6502 4th
About This Property
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.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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 | |||
Property Highlights
Building Info
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Price/ft²
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About South LA
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$5,900 /mo
- 3 Beds
- 3 Baths
- 2,043 ft²
$1,695 /mo
- 1 Bed
- 1 Bath
- 600 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017