Los Angeles, CA 90019,4711 St Elmo Dr
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Los Angeles, CA 90019,4711 St Elmo Dr
Los Angeles, CA 90019,4711 St Elmo Dr
Los Angeles, CA 90019,4711 St Elmo Dr
Los Angeles, CA 90019,4711 St Elmo Dr
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$ 1,675,000
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Price Dropped by $50K

4711 St Elmo Dr Los Angeles, CA 90019

6 Beds

6 Baths

2,903 SqFt


UPDATED:

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


TheMLS (CLAW)
Listed by Realty Investment Advisors, Inc.

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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