4512 St Elmo Dr Los Angeles, CA 90019
Mid-City NeighborhoodEstimated payment $25,471/month
Total Views
281
18
Beds
16
Baths
8,100
Sq Ft
$488
Price per Sq Ft
Highlights
- City Lights View
- Modern Architecture
- Recessed Lighting
- Open Floorplan
- Double Pane Windows
- Laundry Room
About This Home
4512 St. Elmo Dr, a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime Mid-City! Fully stabilized at phenomenal rents, boasting a REAL 5.58% CAP RATE!! This premium new construction property is comprised of two massive buildings (a whopping 8,100 square feet!) containing two expansive 4 bedroom, 3 bathroom tri-level units, two 3 bedroom, 3 bathroom trilevel units, and two large 2 bedroom, 2 bathroom units. In addition to its incredible design and curb appeal, 4512 St. Emlo Dr. boasts NO RENT CONTROL, high return, and separate meters for all utilities!
This totally turnkey 6-unit features washers and dryers in all units, stainless steel appliances, high ceilings, massive balconies off the living rooms and
bedrooms, ample windows letting in tons of natural light, gorgeous modern kitchens and bathrooms, and beautifully designed landscaping.
Now is the time to place your money in hiqh quality, tangible real estate as opposed to letting your money sit in the bank! This property is situated in the ultra-trendy Mid-City market, 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants!
Listing Agent
Myunits.com Inc. Brokerage Phone: 805-973-7470 License #02064825 Listed on: 08/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $47,376
Year Built
- Built in 2024
Lot Details
- 7,006 Sq Ft Lot
- No Common Walls
- Landscaped
Parking
- 1 Car Garage
- 4 Open Parking Spaces
- Parking Available
Property Views
- City Lights
- Neighborhood
Home Design
- Quadruplex
- Modern Architecture
- Turnkey
Interior Spaces
- 8,100 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Recessed Lighting
- Double Pane Windows
Kitchen
- Electric Oven
- Gas Range
- Microwave
- Dishwasher
- Instant Hot Water
Bedrooms and Bathrooms
- 18 Bedrooms
- 16 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 666
- Assessor Parcel Number 5071021031
Community Details
Overview
- 2 Buildings
- 6 Units
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $4,860
- Maintenance Expense $2,400
- New Taxes Expense $47,376
- Operating Expense $55,836
- Gross Income $287,760
- Net Operating Income $220,413
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,550 | $2,658,993 | $881,257 | $1,777,736 |
| 2024 | $10,550 | $863,978 | $863,978 | -- |
| 2023 | $10,348 | $847,038 | $847,038 | $0 |
| 2022 | $9,868 | $830,430 | $830,430 | $0 |
| 2021 | $9,947 | $814,148 | $721,397 | $92,751 |
| 2020 | $10,047 | $805,800 | $714,000 | $91,800 |
| 2019 | $9,654 | $790,000 | $700,000 | $90,000 |
| 2018 | $9,334 | $764,775 | $588,745 | $176,030 |
| 2016 | $8,023 | $660,000 | $508,100 | $151,900 |
| 2015 | $7,309 | $600,000 | $450,100 | $149,900 |
| 2014 | $5,597 | $445,000 | $333,800 | $111,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | For Sale | $3,950,000 | +400.0% | $488 / Sq Ft |
| 07/16/2018 07/16/18 | Sold | $790,000 | 0.0% | $385 / Sq Ft |
| 07/08/2018 07/08/18 | Off Market | $790,000 | -- | -- |
| 07/08/2018 07/08/18 | For Sale | $790,000 | 0.0% | $385 / Sq Ft |
| 06/22/2018 06/22/18 | Off Market | $790,000 | -- | -- |
| 06/21/2018 06/21/18 | For Sale | $790,000 | 0.0% | $385 / Sq Ft |
| 06/11/2018 06/11/18 | Off Market | $790,000 | -- | -- |
| 06/11/2018 06/11/18 | Pending | -- | -- | -- |
| 06/07/2018 06/07/18 | Pending | -- | -- | -- |
| 05/09/2018 05/09/18 | For Sale | $790,000 | -- | $385 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $790,000 | Provident Title Company | |
| Grant Deed | $649,500 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Southland Title Company | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,150,000 | Construction | |
| Closed | $1,250,000 | Construction | |
| Previous Owner | $513,500 | New Conventional | |
| Previous Owner | $519,600 | New Conventional | |
| Previous Owner | $450,000 | Stand Alone First | |
| Previous Owner | $190,000 | Negative Amortization | |
| Previous Owner | $180,000 | Unknown | |
| Previous Owner | $151,000 | Unknown | |
| Previous Owner | $115,000 | Unknown | |
| Previous Owner | $108,000 | No Value Available |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25181202
APN: 5071-021-031
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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