$1,725,000
$1,795,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
4810 St Elmo DR Los Angeles, CA 90019
12 Beds
8 Baths
6,418 SqFt
Key Details
Sold Price $1,725,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,418 sqft
Price per Sqft $268
MLS Listing ID 22185003
Sold Date 09/21/22
Bedrooms 12
HOA Y/N No
Year Built 1963
Lot Size 7,000 Sqft
Property Description
I am pleased to offer for sale an eight-unit apartment community located at 4810 St Elmo Drive. Situated on a 7,000 square foot parcel, the property comprises of four one-bedroom units and four two-bedroom units. One of the units will be delivered vacant allowing a new owner to immediately renovate and achieve a market rental rate. The property has 87% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 4810 St Elmo Drive an excellent acquisition opportunity.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Fireplace No
Exterior
Parking Features Covered, Uncovered
Total Parking Spaces 9
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 5067009022
Special Listing Condition Standard
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Bought with Sean Rosenzweig Marcus & Millichap