4512 St. Elmo Dr, a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime Mid-City! Fully stabilized at phenomenal rents, boasting a REAL 5.65% CAP RATE!! This premium new construction property is comprised of two massive buildings (a whopping 8,100 square feet!) containing two expansive 4 bedroom, 3 bathroom tri-level units, two 3 bedroom, 3 bathroom trilevel units, and two large 2 bedroom, 2 bathroom units. In addition to its incredible design and curb appeal, 4512 St. Emlo Dr. boasts NO RENT CONTROL, high return, and separate meters for all utilities!
This totally turnkey 6-unit features washers and dryers in all units, stainless steel appliances, high ceilings, massive balconies off the living rooms and
bedrooms, ample windows letting in tons of natural light, gorgeous modern kitchens and bathrooms, and beautifully designed landscaping.
Now is the time to place your money in hiqh quality, tangible real estate as opposed to letting your money sit in the bank! This property is situated in the ultra-trendy Mid-City market, 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants!
For sale
Listing Provided by:
Cheyenne Womack DRE #02064825 805-973-7470,
Myunits.com Inc.,
Lauren Cearley DRE #02146823,
Myunits.com Inc.
$3,950,000
4512 Saint Elmo Dr, Los Angeles, CA 90019
36beds
32baths
8,100sqft
Est.:
Quadruplex
Built in 2024
-- sqft lot
$3,858,400 Zestimate®
$488/sqft
$-- HOA
What's special
Newer constructionMassive buildingsHigh ceilingsGorgeous modern kitchensTons of natural lightBeautifully designed landscapingMassive balconies
- 83 days |
- 100 |
- 3 |
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