4711 St Elmo Dr Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,903 sqft
Price per Sqft $576
MLS Listing ID 25513297
Bedrooms 6
Year Built 2024
Lot Size 6,450 Sqft
Acres 0.1479
Property Sub-Type Multi-Family
Property Description
We are excited to present 4711 St Elmo Drive, a remarkable 5-unit property in Mid-City Heights, newly constructed between 2023 and 2024, offering a CURRENT 6.32% CAP RATE. This turnkey investment features three separate buildings situated on a 6,450 square foot lot. The front structure is a brand-new, one-bedroom, one-bath single-family home, completed in 2024, with no shared walls. The middle structure is a fully renovated duplex, consisting of two one-bedroom, one-bath units, with an extensive gut renovation completed in 2023. This renovation included all-new electrical, plumbing, HVAC, windows, and more, with no expense spared. The rear structure is a newly built duplex, featuring one one-bedroom, one-bath unit and one two-bedroom, two-bath unit. All units are equipped with high-end finishes, including modern vinyl plank flooring, tile showers, quartz countertops, mini-split HVAC systems, stainless steel appliances, recessed lighting, and in-unit washers and dryers. Additionally, new main water and sewer lines have been installed. Fully occupied by qualified tenants, this property represents a rare and exceptional investment opportunity.
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Central
Cooling Air Conditioning
Equipment Dryer
Exterior
Parking Features Assigned
Garage Spaces 2.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard