$2,100,000
$240K PRICE DROP

4817 Saint Charles Place Los Angeles, CA 90019

Mid-City Neighborhood

Estimated payment $13,520/month

Total Views 3,379
-- Bed
15 Baths
6,520 Sq Ft
$322 Price per Sq Ft

About This Home

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale a 15-unit apartment community located at 4817-4845 St Charles Place. The subject property is located just south of Venice Boulevard and east of La Brea Avenue across three contiguous parcels totaling 14,378 square feet. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on an oversized 14,378 square foot parcel, the property is comprised entirely of studio units. The property has 47% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities. 4817-4845 St Charles Place presents investors a unique opportunity to acquire an asset with rare low-density construction in a highly sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential and development possibilities, make 4817-4845 St Charles Place an excellent acquisition opportunity.

Listing Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 01/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 14,378 Sq Ft Lot

Parking

  • 11 Parking Spaces

Interior Spaces

  • 15 Bathrooms
  • 6,520 Sq Ft Home
  • 1-Story Property

Community Details

  • 3 Buildings
  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-007-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 6520
  • Lot Acreage: 0.1235
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 15.00
  • Price Per S Q F T: 322.09

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 11

Lot Info

  • Assessed Improvement Percent: 61.11
  • Assessed Improvement Value: 561000
  • Assessed Land Percent: 38.89
  • Assessed Land Value: 357000
  • Total Assessed Value: 918000
  • Assessor Parcel Number: 5067-007-003
  • Lot Size Area: 14378

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.75
  • Number Of Units: 15
  • Total Annual Expense: 103089
  • Type Of Units: Residential
  • Vacancy Rate: 0

Map

Range of Values:

Collateral Analytics

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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 Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $2,100,000 -10.3% $322 / Sq Ft
01/03/2025 01/03/25 For Sale $2,340,000 0.0% $359 / Sq Ft
12/31/2024 12/31/24 Off Market $2,340,000 -- --
11/07/2024 11/07/24 For Sale $2,340,000 0.0% $359 / Sq Ft
11/06/2024 11/06/24 Off Market $2,340,000 -- --
05/06/2024 05/06/24 For Sale $2,340,000 -- $359 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 24-388423

The MLS