6502 4th Ave, Los Angeles, CA, 90043
About This Home
A compelling land and redevelopment play on a corner lot in the Park Mesa Heights neighbourhood of Los Angeles. The existing 2,463 square foot structure sustained significant fire damage and is being sold as-is, with value squarely in the land and its versatile C2-1VL-CPIO zoning, 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.
Getting Around
Somewhat Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: None
Features
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total interior livable area: 2,463 sqft
Property
Details
- Parcel number: 4007027001
- Special condition: Real Estate Owned
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 8,035 sqft
- Features: 0-1 Unit/Acre
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,705 | $32,460 |
| Home Insurance * | $103 | $1,236 |
| Property Taxes | $298 | $3,576 |
| Electricity | $528 | $6,337 |
| Total | $3,634 | $43,608 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
No price history available
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