CA > Los Angeles
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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Richard Piscani

Richard Piscani

+1(818) 802-7620
$1,725,000
Est. payment /mo
6 Beds
6 Baths
2,903 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,903 sqft

Price per Sqft $594

MLS Listing ID 25513297

Bedrooms 6

HOA Y/N No

Year Built 2024

Lot Size 6,451 Sqft

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 C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Fireplace No

Appliance Dryer

Exterior

Parking Features Assigned

Total Parking Spaces 2

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5071022054

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Benjamin Lalezari • Realty Investment Advisors, Inc.

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Richard Piscani

+1(818) 802-7620

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