$1,475,000
SOLD JUN 11, 2025
8 Beds
8 Baths
5,540 Sq Ft
5,620 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

8% Below List Price

66 Days on Market

About This Home

As of June 2025

The property for sale is a 8-unit apartment complex located at 4777 San Vicente Boulevard, Los Angeles CA 90019. The subject property is located just west of Pico Boulevard and east of La Brea Avenue on San Vicente Boulevard.The 5,540 square foot two story apartment was built in 1954 and is situated over a 5,620 square foot lot that is zoned LAR3. The eight-unit apartment consists entirely of 1 bedroom / 1 bathroom units. There are five on-site parking spots located at the back of the property that has convenient accessibility through the alley. The property has approximately 35% remaining rental upside through unit renovations. A savvy investor can also take advantage of higher potential rents by renting to Section 8 tenants which pay higher than current market rents for Mid-City 90019 zip code. The Housing Authority of the City of Los Angeles (HACLA) voucher payment standards pays up to $2,340 for 1 bedroom units.There are multiple developments that are currently underway in Mid-City and in planning stages. Mid-City is centrally located, offering unparalleled convenience in one of LA's most desirable areas. The property is within walking distance to a number of restaurants, cafes, bars, grocery stores, shopping centers and spiritual centers. Mid-City is a diverse community that is being gentrified in a quiet neighborhood in the center of Los Angeles. The sub-market witnessed a relatively strong renter demand for 490 units during the past 12 months, compared to the five-year average annual renter demand for 370 units.

Last Agent to Sell the Property

Meir Mark Frydman

Keller Williams Los Angeles License #01910722 Listed on: 03/10/2025

Keller Williams Los Angeles

Last Buyer's Agent

Meir Mark Frydman

Keller Williams Los Angeles License #01910722 Listed on: 03/10/2025

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 5,620 Sq Ft Lot
  • Corner Lot

Parking

  • 5 Parking Spaces

Home Design

  • Flat Roof Shape
  • Raised Foundation

Interior Spaces

  • 5,540 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5083-023-016

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Low Rise
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 5540
  • Lot Acreage: 0.1290
  • Price Per Unit: 199750.00
  • Probate: No
  • Year Built: 1954
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Common Walls: Attached
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 288.45

Exterior Features

  • Other Structures: None
  • Foundation Details: Raised
  • Roof: Flat

Garage/Parking

  • Total Parking: 5

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 32.15
  • Assessed Improvement Value: 568914
  • Assessed Land Percent: 67.85
  • Assessed Land Value: 1200407
  • Total Assessed Value: 1769321
  • Assessor Parcel Number: 5083-023-016
  • Lot Location: Alley Access, Corner Lot
  • Lot Size Area: 5620

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.68
  • Number Of Units: 8
  • Rent Control: 100
  • Total Annual Expense: 39215
  • Type Of Units: 8
  • Vacancy Rate: 0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $1,475,000 -7.7% $266 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $1,598,000 +2.8% $288 / Sq Ft
10/18/2016 10/18/16 Sold $1,555,000 +0.3% $281 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $1,550,000 -- $280 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25509661

The MLS