NOT LISTED FOR SALE

4810 St Elmo Dr Los Angeles, CA 90019

Mid-City Neighborhood
12 Beds
8 Baths
6,418 Sq Ft
7,000 Sq Ft Lot

Last Sold September 21, 2022

Last sale price $1,725,000 $269 Per Sq Ft

30 Days on Market

About This Home

As of September 2022

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.

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 08/01/2022

Last Buyer's Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 08/01/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,000 Sq Ft Lot

Interior Spaces

  • 6,418 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 9 Parking Spaces
  • Covered Parking
  • Uncovered Parking

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-009-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6418
  • Lot Acreage: 0.1607
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 279.68

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking, Uncovered
  • Total Parking: 9

Lot Info

  • Assessed Improvement Percent: 41.72
  • Assessed Improvement Value: 374750
  • Assessed Land Percent: 58.28
  • Assessed Land Value: 523461
  • Total Assessed Value: 898211
  • Assessor Parcel Number: 5067-009-022
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 14.88
  • Number Of Units: 8
  • Type Of Units: Residential

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $1,725,000 -3.9% $269 / Sq Ft
08/11/2022 08/11/22 Price Changed $1,795,000 -5.3% $280 / Sq Ft
08/01/2022 08/01/22 For Sale $1,895,000 -- $295 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2022

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    4 in this area

    69 Total Sales

    Sean Rosenzweig
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Map

Source: The MLS

MLS Number: 22-185003

The MLS
California Los Angeles County Los Angeles 90019 Mid-City

4810 St Elmo Dr, Los Angeles, CA

Not Listed for Sale

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