NOT LISTED FOR SALE

4834 Saturn St Los Angeles, CA 90019

Mid-City Neighborhood
8 Beds
6 Baths
3,956 Sq Ft
7,001 Sq Ft Lot

Last Sold March 07, 2023

Last sale price $1,225,000 $310 Per Sq Ft

24 Days on Market

About This Home

As of March 2023

We are pleased to present 4834 Saturn, a 6-unit apartment building centrally located near Venice and La Brea Ave in Mid-City! Built in 1959, the building consists of two 2 bedroom/1 bath units and four 1 bedroom/1 bath units. The subject has an upside in rents of approximately 88.6% and presents an excellent value add opportunity to achieve huge future returns for an investor! Each unit is separately metered for gas and electric and the property features 8 on-site parking spaces. With a walk score of 83, the building’s location is highly desirable given the close proximity to endless dining, entertainment, hotels, historical landmarks and a short distance from the 1-10 Freeway, Downtown LA, Santa Monica, and LAX.

Last Agent to Sell the Property

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 12/27/2022

Keller Williams Realty Calabasas

Co-Listed By

Aleen Mayelian

Keller Williams Realty Calabasas License #02198281

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025

Home Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,001 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Interior Spaces

  • 3,956 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 569
  • Assessor Parcel Number 5067009048
  • $969 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $3,794
  • Maintenance Expense $1,440
  • Trash Expense $1,813
  • Water Sewer Expense $6,650
  • New Taxes Expense $18,750
  • Operating Expense $33,347
  • Gross Income $75,089
  • Net Operating Income $39,489

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 6650.00
  • Zoning: LARD1.5
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 5067009048
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 309.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1813.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 7001.00
  • Lot Size Acres: 0.1607

Multi Family

  • Gross Income: 75089.00
  • Gross Scheduled Income: 75089.00
  • Insurance Expense: 3794.00
  • Lot Size Area: 7001.0000 Square Feet
  • Maintenance Expense: 1440.00
  • Net Operating Income: 39489.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 33347.00
  • Rent Control: Yes
  • Total Expenses: 33347.00

Tax Info

  • New Taxes Expense: 18750.00
  • Tax Census Tract: 2182.10
  • Tax Lot: 28
  • Tax Tract Number: 569
  • TaxOtherAnnualAssessmentAmount: 969.00

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
03/07/2023 03/07/23 Sold $1,225,000 -9.3% $310 / Sq Ft
01/12/2023 01/12/23 Price Changed $1,350,000 -10.0% $341 / Sq Ft
12/27/2022 12/27/22 For Sale $1,500,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anie Mayelian

    Seller's Agent in 2023

    Anie Mayelian

    Keller Williams Realty Calabasas

    (818) 915-9118

    2 in this area

    29 Total Sales

    Anie Mayelian
    Section Image
  • Aleen Mayelian

    Seller Co-Listing Agent in 2023

    Aleen Mayelian

    Keller Williams Realty Calabasas

    (818) 442-1678

    1 in this area

    12 Total Sales

    Aleen Mayelian
    Section Image
  • Shawn Mehrannia

    Buyer's Agent in 2023

    Shawn Mehrannia

    Home Team Realty

    (213) 804-7177

    12 in this area

    57 Total Sales

    Shawn Mehrannia
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22258819

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90019 Mid-City

4834 Saturn St, Los Angeles, CA

Not Listed for Sale

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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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