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$1,250,000 Just Listed
Property Description
The site is fully RTI (Ready to Issue) and ready to break ground. The project consists of a total of 46 units, 100% affordable housing, including 44 one-bedroom units. Construction is straightforward, with efficient building costs and materials. There is alley access at the rear of the property. No parking is required, and there is no tenant relocation involved. The area demonstrates strong demand for affordable housing. The total covenant signed with the City projects an annual income of approximately +/- $1.1 million. The broker representing the sale is a partial owner of the property, and all owners are family related parties.
Full Property Details
Full Property Details for 4159 S Central Ave
General
- Price: $1,250,000
- Status: Active
- Type: Lots/Land
- Source: CLAW
- MLS ID: 26655245
- Updated: 2/23/2026
- Added to Site: 3 day(s) ago
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: 41 St and Central Ave.
Lot Features
- Lot Size (Acres): 0.1745
- Lot Size: 7600
- Lot Size Source: Vendor Enhanced
- Zoning: LAC2
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5115-022-003
Listed by Landmark One Realty, Mojgan Yamini
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Schools
Schools serving 4159 S Central Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wadsworth Avenue Elementary School 981 East 41st Street, Los Angeles, CA 90011 | K-5 | 0.2 mi |
Dr. Julian Nava Learning Academies-School Of Business And Technology 1420 East Adams Boulevard, Los Angeles, CA 90011 | 6-8 | 2.1 mi |
Thomas Jefferson Senior High School 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.3 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.3 mi |
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High 300 East 53rd Street, Los Angeles, CA 90011 | 9-12 | 1.2 mi |
Santee Education Complex 1921 S. Maple Ave., Los Angeles, CA 90011 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4159 S Central Ave
Date
Details
Price
Change
Source
2/22/2026
Listed
$1,250,000
104.42%
MLS
6/12/2024
Sold
$611,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4159 S Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,344
569%
$623,322
1644%
2024
$1,247
1%
$35,742
2%
2023
$1,236
3%
$35,042
2%
2022
$1,200
4%
$34,356
2%
2021
$1,156
—
$33,684
1%
2020
$1,152
-57%
$33,340
2%
2019
$2,704
4%
$32,687
2%
2018
$2,605
1%
$32,047
2%
2017
$2,591
5%
$31,420
2%
2016
$2,463
164%
$30,805
2%
2015
$933
-2%
$30,343
2%
2014
$953
—
$29,749
—
2013
$952
—
$29,615
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4159 S Central Ave
4159 S Central Ave, Los Angeles, CA 90011 (MLS# 26655245) is a Lots/Land property with a lot size of 0.1745 acres. 4159 S Central Ave is currently listed for $1,250,000 and was received on February 22, 2026. Want to learn more about 4159 S Central Ave? Do you have questions about finding other Lots/Land real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.
