Zumper
modified
5+ Days Ago

Highlights

  • Ceiling fan
  • Updated appliances
  • Wood flooring
  • Recently renovated
  • Utilities included
  • On-site manager

Location

1240 4th Ave, Los Angeles, CA 90019, USA|Olympic Park
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Tour 1240 4th Ave

Contact

Management

TDI Properties Inc

Leasing office

(213) 389-9277

Property Overview

1240 4th Ave earns a strong overall impression with a 9.4/10 rating, reflecting excellent value, standout amenities, and a highly convenient location. It also offers updated appliances, wood flooring, recent renovations, utilities included, ceiling fan, and on-site management, with especially strong value for money compared with nearby properties.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.4
Excellent
1240 4th Ave is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • Laundry available on site

Floor plans

0/1Studio1 bath185 sqft$1,150 /mo1 unit available+++ PROMOTION: Get one month free on your rent. (Applied on the 4th month). +++ Charming studio located in the heart of Los Angeles at 1240 4th Ave, Unit 206. This modern, light-filled space offers a perfect blend of comfort and convenience, featuring sleek finishes and an open layout. Just minutes from trendy shops, restaurants, and cultural landmarks, this studio is ideal for anyone seeking the vibrant LA lifestyle. Perfect for urban dwellers or as a creative retreat! +++ To Schedule a Showing, You Have Two Options: 1) Phone: Call us at 213-737-1179 to speak with a representative and schedule your showing. 2) Email: Send your preferred date, location, and time for the showing to ****. We’ll confirm your appointment via email. +++ Love the Unit? Want to Apply? • Visit www tdipropertiesinc com to submit your application. The sooner you apply, the sooner we can process it! • For application status updates, call 213-389-9277 and press 2 for leasing. +++ Unit Features: • Bachelor Studio, 1-bathroom. • Floor Level: Second-floor Unit. • Recently Renovated - Updated appliances. • Appliances Included: stainless steel Refrigerator and Stove. • Shower with Bathtub. • Wall Heater. • Wood flooring. • Well-illuminated unit. +++ Property Features: • Secured entry to building. • On-site Manager. • On-site Shared Laundry Room. • Pet Policy: Dogs, and cats under 25 pounds. • Utilities Included: Owner pays Gas, Electric, Hot Water, Cold Water, Sewer, and Trash. +++ Other Details: • Convenient online rental payment. • No smoking in the building. • Parking: Street parking only. +++ Rental Terms: • Monthly Rent: $1,150.00. • Security Deposit: $1,150.00. • Lease Duration: 13-month lease. • Application Fee: $35 (All adult occupants over 18 must apply). • Pet Deposit: $500 for dogs, and $300 for cats.

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Amenities for 1240 4th Ave

Apartment Amenities

GasPower
Second Floor UnitTrash
Utilities Included

Appliances

Stainless Steel FridgeStainless Steel Stove/Oven

Building

Controlled EntranceOnsite Laundry
Sewage

Services

On-Site Management

Other

Online Payments
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units30
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About 1240 4th Ave

HomeApartments in Los AngelesOlympic Park 1240 4th Ave

+++ PROMOTION: Get one month free on your rent. (Applied on the 4th month). +++ Charming studio located in the heart of Los Angeles at 1240 4th Ave, Unit 206. This modern, light-filled space offers a perfect blend of comfort and convenience, featuring sleek finishes and an open layout. Just minutes from trendy shops, restaurants, and cultural landmarks, this studio is ideal for anyone seeking the vibrant LA lifestyle. Perfect for urban dwellers or as a creative retreat! +++ To Schedule a Showing, You Have Two Options: 1) Phone: Call us at 213-737-1179 to speak with a representative and schedule your showing. 2) Email: Send your preferred date, location, and time for the showing to ****. We’ll confirm your appointment via email. +++ Love the Unit? Want to Apply? • Visit www tdipropertiesinc com to submit your application. The sooner you apply, the sooner we can process it! • For application status updates, call 213-389-9277 and press 2 for leasing. +++ Unit Features: • Bachelor Studio, 1-bathroom. • Floor Level: Second-floor Unit. • Recently Renovated - Updated appliances. • Appliances Included: stainless steel Refrigerator and Stove. • Shower with Bathtub. • Wall Heater. • Wood flooring. • Well-illuminated unit. +++ Property Features: • Secured entry to building. • On-site Manager. • On-site Shared Laundry Room. • Pet Policy: Dogs, and cats under 25 pounds. • Utilities Included: Owner pays Gas, Electric, Hot Water, Cold Water, Sewer, and Trash. +++ Other Details: • Convenient online rental payment. • No smoking in the building. • Parking: Street parking only. +++ Rental Terms: • Monthly Rent: $1,150.00. • Security Deposit: $1,150.00. • Lease Duration: 13-month lease. • Application Fee: $35 (All adult occupants over 18 must apply). • Pet Deposit: $500 for dogs, and $300 for cats.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.4
/10
Excellent
1240 4th Ave is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated 1240 4th Ave
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1240 4th Ave offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1240 4th Ave stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1240 4th Ave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
1240 4th Ave has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1240 4th Ave compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 0.3 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.4 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Olympic Park

studio apartments at 1240 4th Ave cost about 18% less than the average rent price for studio apartments in Olympic Park.

Median rents as of Jun 20 2026.
Olympic Park
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
July 2024$1,816
August 2024$1,848
September 2024$1,848
October 2024$1,801
November 2024$1,814
December 2024$1,845
January 2025$1,848
February 2025$1,815
March 2025$1,810
April 2025$1,756
May 2025$1,745
June 2025$1,750
July 2025$1,750
August 2025$1,736
September 2025$1,702
October 2025$1,702
November 2025$1,709
December 2025$1,738
January 2026$1,739
February 2026$1,721
March 2026$1,697
April 2026$1,690
May 2026$1,650
June 2026$1,652
A table of studio rental data trends in Olympic Park
MonthMedian Rent
July 2024$1,395
August 2024$1,523
September 2024$1,686
October 2024$1,590
November 2024$1,480
December 2024$1,465
January 2025$1,456
February 2025$1,467
March 2025$1,454
April 2025$1,460
May 2025$1,395
June 2025$1,395
July 2025$1,395
August 2025$1,409
September 2025$1,419
October 2025$1,424
November 2025$1,435
December 2025$1,446
January 2026$1,410
February 2026$1,417
March 2026$1,377
April 2026$1,364
May 2026$1,383
June 2026$1,395

Affordability calculator

Can I afford to live at 1240 4th Ave?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$46,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this studio monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.

Schools near 1240 4th Ave

Carson-Gore Academy of Enviornmental Studies

3200 w washington blvd

los angeles, CA, 90018

K-5Public
B-

Sophia T. Salvin Special Education Center

1925 budlong ave

los angeles, CA, 90007

K-10Public

Marlton

4000 santo tomas dr

los angeles, CA, 90008

K-12Public

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public
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Internet available near 1240 4th Ave

Getting around Los Angeles near 1240 4th Ave

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 1240 4th Ave, Los Angeles

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

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