* * * Building is 100% Occupied. Units will NOT be delivered vacant. We are pleased to present 4624-4626 Alla Rd, Los Angeles, CA 90066, a compelling duplex investment opportunity in a high-demand rental market. Built in 1957, this 1,854-square-foot multi-family property comprises two units: a one-bedroom, one-bath unit and a two-bedroom, one-bath unit, situated on a 4,947-square-foot lot zoned R1. The property's configuration offers flexibility for investors, appealing to a range of tenants, from singles to small families, in the vibrant Mar Vista and Marina del Rey neighborhood. Los Angeles' chronic housing shortage and strong rental demand ensure consistent cash flow potential, with the ability to adjust rents as the area continues to appreciate. The R1 zoning offers potential for future enhancements, and or redevelopment. Its prime location, just minutes from Marina del Rey's waterfront, beaches, and tech-centric Silicon Beach, enhances its long-term appreciation potential. Investors can capitalize on both immediate rental income and future growth in one of Los Angeles' most desirable submarkets. Situated at 4624-4626 Alla Rd in the heart of Los Angeles' Marina del Rey neighborhood, this duplex benefits from an enviable location that blends coastal charm with urban accessibility. The property is just a short distance from the Marina del Rey harbor, offering residents access to boating, dining, and recreational activities along the waterfront. Its proximity to Silicon Beach, home to major tech companies like Google and Snap Inc. , attracts professionals seeking convenient commutes, boosting rental demand. The neighborhood's vibrant lifestyle is complemented by nearby Venice Beach, Abbot Kinney Boulevard's eclectic shops and eateries, and easy access to major thoroughfares like the 90 and 405 freeways, connecting residents to downtown Los Angeles, Santa Monica, and beyond. The 4,947-square-foot lot is nestled in a residential enclave zoned R1, ensuring a stable, low-density community atmosphere while remaining close to commercial hubs. With Los Angeles' ongoing population growth and limited housing supply, this location positions the property as a prime asset in a dynamic and appreciating market.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
4,947
Year renovated
1957
Sq. Ft.
1,854
Year built
1957
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
4223004012
Parking Spaces
2
Basement
No
Accessible
No
HOA Dues
—
Garage
Yes
Features
—
Last updated by owner on Jan 1, 2026.
Property details
Parking
Garage
None
Parking
# of Parking Spaces (Total): 2
Interior
Heating & Cooling
Wall/Window Unit Cooling
No Heat
Multi-Unit Income
Gross Income: 48001
Gross Operating Income: $46,561
Net Operating Income: $27,200
Multi-Unit Expenses
Total Annual Expense: $19,361
Multi-Unit Other Financial Information
Cap Rate: 3.11
Gross Rent Multiplier: 18.23
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Apartments
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,954
Projected Rent: $2,500
Actual Rent: $1,954
# of Units: 1
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $2,046
Projected Rent: $2,895
Actual Rent: $2,046
# of Units: 1
Exterior
Building Information
One Level
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 4,947
Lot Size (Acres): 0.1136
Zoning: LAR1
Financial
Assessment Information
Assessed Total Value: $201,534
Assessed Land Value: $69,051
Assessed Land %: 34.26
Assessed Improvement Value: $132,483
Assessed Improvement %: 65.74
Assessor Parcel Number: 4223-004-012
Location
Community Information
# of Units in Complex (Total): 2
Location Information
Directions: Alla Road, between Walsh and Bonaparte Avenue
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,854
Stories: —
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 4,947 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1957
Year Renovated: 1957
County: Los Angeles County
APN: 4223004012
HOA Dues: —
Garage: Yes
Features: —
Home facts updated by owner on Jan 1, 2026
Other
Documents & Disclosures
Disclosures: None
Around this home
Schools
Short Avenue Elementary School
Public K-5 • Assigned • 0.3mi
10/10
Marina Del Rey Middle School
Public 6-8 • Assigned • 0.6mi
5/10
Venice Senior High School
Public 9-12 • Assigned • 1.1mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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