4711 St Elmo Drive, Los Angeles, CA 90019
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:CA_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 gut remodel with new roof, power, plumbing, AC, and soundproof walls. Structural integrity is reinforced with added support for the foundation, including bolting and shear wall all around the property. Moreover, to ensure the safety and security of the premises, security cameras have been strategicall
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Home facts
- Year built:1902
- Listing ID #:CL23342317
- Added:748 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
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