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1240 4th Ave features a strong Zumper expert rating of 9.4 out of 10, highlighting its competitive price, exceptional amenities, and prime location. With notable features such as updated appliances, wood flooring, and an on-site manager, it presents an impressive living experience. Additionally, the property ranks in the 93.75 percentile for value for money, making it a standout choice in the area.
Things you’ll love
Less expensiveMiddle school nearbyLaundry available on site| 0/1 | Studio | 1 bath | $1,195 /mo | 1 unit available | Marketing DescriptionCharming studio located in the heart of Los Angeles at 1240 4th Ave, Unit 106. 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: • Phone: Call us at 213-737-1179 to speak with a representative and schedule your showing. • 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: • Studio, 1-bathroom. • Floor Level: First-floor Unit. • Recently Renovated - Updated appliances. • Appliances Included: stainless steel Refrigerator and Stove. • Smoke Extractor in the kitchen. • Shower with Bathtub. • Ceiling Fan. • 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: $1,195.00 • Security Deposit: $1,195.00 • Lease Duration: One-year lease • Application Fee: $35 (All adult occupants over 18 must apply) • Pet Deposit: $500 for dogs, and $300 for cats. +++ DISCLAIMER: These are demo photos ONLY, and the layout is different. To view the actual unit, please schedule an appointment. |
Let's explore this property.
Apartment Amenities
| Gas | Power |
| Shower with Bathtub | Trash |
| Utilities Included |
Appliances
| Stainless Steel Fridge | Stainless Steel Stove/Oven |
Building
| Controlled Entrance | Onsite Laundry |
| Sewage |
Services
| Closet | On-Site Management |
Other
| Online Payments |
One-time.
One-time. Refundable.
| Units | 30 |
|---|
Marketing DescriptionCharming studio located in the heart of Los Angeles at 1240 4th Ave, Unit 106. 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: • Phone: Call us at 213-737-1179 to speak with a representative and schedule your showing. • 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: • Studio, 1-bathroom. • Floor Level: First-floor Unit. • Recently Renovated - Updated appliances. • Appliances Included: stainless steel Refrigerator and Stove. • Smoke Extractor in the kitchen. • Shower with Bathtub. • Ceiling Fan. • 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: $1,195.00 • Security Deposit: $1,195.00 • Lease Duration: One-year lease • Application Fee: $35 (All adult occupants over 18 must apply) • Pet Deposit: $500 for dogs, and $300 for cats. +++ DISCLAIMER: These are demo photos ONLY, and the layout is different. To view the actual unit, please schedule an appointment.
How 1240 4th Ave compares to other nearby properties.
Positives
Considerations
studio apartments at 1240 4th Ave cost about 16% less than the average rent price for studio apartments in Olympic Park.
| Month | Median Rent |
|---|---|
| December 2023 | $1,750 |
| January 2024 | $1,785 |
| February 2024 | $1,695 |
| March 2024 | $1,712 |
| April 2024 | $1,718 |
| May 2024 | $1,750 |
| June 2024 | $1,778 |
| 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 | $1,729 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,457 |
| January 2024 | $1,395 |
| February 2024 | $1,550 |
| March 2024 | $1,531 |
| April 2024 | $1,495 |
| May 2024 | $1,491 |
| June 2024 | $1,445 |
| 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 | $1,425 |
Can I afford to live at 1240 4th Avenue?
Bedrooms
StudioRent-to-income ratio
30%
$47,800/yr
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MacArthur Park • 412 South Lake Street
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$1,395–$1,445
Congress West • 4555 West Martin Luther King Jr Boulevard
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$1,500–$2,250
UNNC • 1310 South Wilton Place
Studio
$1,330–$1,495
Hollywood Studio District • 5806 Lexington Avenue
1 Bed
$1,028–$1,808
Wilshire Center - Koreatown • 167 South Normandie Avenue
Studio
$1,395–$1,495
East Hollywood • 4451 Lockwood Avenue
Studio
$1,395
Hollywood Studio District • 5849 West Sunset Boulevard
Studio
$1,195
MacArthur Park • 2505 West 6th Street
Studio
$1,450
MacArthur Park • 412 South Lake Street
Studio
$1,395–$1,445
Congress West • 4555 West Martin Luther King Jr Boulevard
1 Bed
$1,500–$2,250
UNNC • 1310 South Wilton Place
Studio
$1,330–$1,495
Hollywood Studio District • 5806 Lexington Avenue
1 Bed
$1,028–$1,808
Wilshire Center - Koreatown • 167 South Normandie Avenue
Studio
$1,395–$1,495
East Hollywood • 4451 Lockwood Avenue
Studio
$1,395
Hollywood Studio District • 5849 West Sunset Boulevard
Studio
$1,195
MacArthur Park • 2505 West 6th Street
Studio
$1,450
