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$ 1,725,000
Est. payment /mo
New
4711 St Elmo DR Los Angeles, CA 90019
6 Beds
6 Baths
2,903 SqFt
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
Listed by Benjamin Lalezari • Realty Investment Advisors, Inc.