BANK APPROVED SHORT SALE! Investor opportunity in the heart of Mid-City Los Angeles. This four-unit property offers approximately 3,838 square feet of living space on a 7,003 square foot LARD1.5 lot. Each unit features a 1-bedroom, 1-bathroom layout. Three of the units have been updated with mini split HVAC systems, granite countertops, tile or wood flooring, updated bathrooms, in-unit laundry, and tankless water heaters. One unit retains much of its original charm with vintage kitchen cabinetry, carpet and vinyl flooring, and a wall heater. The property is separately metered for gas and electricity. Tenants have access to driveway parking. The detached four-car garage is currently held by the owner and not leased, offering potential for future income or ADU conversion (buyer to verify). All units are currently tenant-occupied. Buyer to verify current rent roll and terms of tenancy. Subject to the Los Angeles Rent Stabilization Ordinance. Centrally located near transit, shops, and major employment hubs, this property presents immediate income with long-term upside. Buyer to conduct their own due diligence.
For sale
Listing Provided by:
Melinda Elmer DRE #01399946 562-316-2915,
Century 21 Masters,
Listing Team: The Elmer Team
Est. $1,105,000
4522 Saint Elmo Dr, Los Angeles, CA 90019
4beds
4baths
3,838sqft
Est.:
Quadruplex
Built in 1938
-- sqft lot
$1,096,200 Zestimate®
$288/sqft
$-- HOA
What's special
Detached four-car garageTile or wood flooringUpdated bathroomsGranite countertopsIn-unit laundryVintage kitchen cabinetryTankless water heaters
- 64 days |
- 466 |
- 37 |
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