4711 St Elmo Drive, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
4711 St Elmo Drive,Los Angeles, CA 90019
$2,099,800
  • 5 Beds
  • - Baths
  • 2,503 sq. ft.
  • Multi-family
  • Active
Listed by: vinnie park
Office: coldwell banker realty
MLS#:CL23342317
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,099,800
  • Price per sq. ft.:$838.91

About this home

Presenting an unparalleled investment opportunity in the best part of Mid City, this extraordinary income property is a brand-new 2024-built 4-plex with a projected cap of approximately 6%. The meticulously crafted units offer a blend of luxury and innovation, providing a unique living experience with breathtaking views of Century City and Hollywood. Comprising three exquisitely designed 1-bedroom units and one lavish 2-bedroom unit, each residence has been remodeled to the highest level of finishes. This property stands out as a completely rebuilt front duplex, featuring two brand-new 2023-built accessory dwelling units (ADUs), and it includes a shovel-ready 5th unit with the permit paid. This makes it the only available new construction 4-unit apartment in the 2M range in the prime location of Mid City. The property is poised for immediate cash flow and is an obvious choice for 1031 Exchange buyers, as it can be delivered leased. The meticulous attention to detail includes a total...

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Home facts

  • Year built:1902
  • Listing ID #:CL23342317
  • Added:1002 day(s) ago
  • Updated:January 23, 2024 at 06:53 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,503 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1902
  • Building area:2,503 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$2,099,800
  • Price per sq. ft.:$838.91

Features and amenities

  • Laundry features:Dryer

Parking

  • Parking description:Assigned
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at January 23, 2024

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