4711 St Elmo Drive

Los Angeles, CA 90019

$1,695,000
Price
6
Beds
6
Baths
2,903 Sq. Ft.
$584 / Sq. Ft.
2,903
Sq. Ft.
$584
per Sq. Ft.

Description

Location! Presenting this unique 5-unit boutique property in Mid-City Heights! Property is all new construction built in 2023-2024. Built, owned, and maintained by a professional real estate developer with 10+ years of experience in building and property management. No corners cut or expense spared when built. Property is fully occupied by highly qualified tenants at market rents and rent rolls/expenses provided. All units are tastefully designed and feature in unit washer/dryer amongst many other...Location! Presenting this unique 5-unit boutique property in Mid-City Heights! Property is all new construction built in 2023-2024. Built, owned, and maintained by a professional real estate developer with 10+ years of experience in building and property management. No corners cut or expense spared when built. Property is fully occupied by highly qualified tenants at market rents and rent rolls/expenses provided. All units are tastefully designed and feature in unit washer/dryer amongst many other convenient features. New main water and main sewer lines have been installed for peace of mind. The property is absolutely turn-key and needs nothing. Great investment for 1031 buyer or anyone looking to park their money in a safe investment that will certainly only appreciate over time. All permits, original plans, surveys, records etc. Available upon request.
  1. Listed by Elizabeth Friedman • DRE #01507367 • Brokerage DRE #01727405 • Chelsea Properties

Property Details for 4711 St Elmo Drive

Zoning
LARD1.5
Parcel Number
5071022054
Total Units
5.0
Living Area
2903
Source Living Area
Estimated
Area
Mid Los Angeles (C16)
Vacancy Rate
o
Lot Size Area
6441
LISTING UPDATED: 10/05/2024 12:01 AM

Property Details for 4711 St Elmo Drive

StatusActive
MLS #24-445943
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1902
Lot Size0.15 AC / 6,441 SF
CountyLos Angeles County

Building Information for 4711 St Elmo Drive

Stories2Residences-Year Built1902Building Size-Lot Size0.15 AC / 6,441 SF

Property Information for 4711 St Elmo Drive

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 1 bed 2 bed
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $151,620
  • Net Operating Income: $144,660.00
  • Gross Income: $151,620
  • Gross Rent Multiplier: $11.17
  • Actual Annual Gross Rent: $151,620.00
  • Actual Gross Annual Income: $151,620
  • Owner Pays: Gas, Water, Other
  • Total Annual Expense: 6960
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1479
  • Lot Size Square Feet: 6441
  • Lot Size Dimensions: 50x129
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 2
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Dryer
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-27-2024
  • Tenant Pays: Electricity, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,650.00
  • Unit Actual Rent: $2,650.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,395.00
  • Unit Actual Rent: $2,395.00
  • Unit Projected Rent: $2,395.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,390.00
  • Unit Actual Rent: $3,390.00
  • Unit Projected Rent: $3,390.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $17,383.00
  • Assessed Improvement Percent: 25.29
  • Assessed Land Value: $51,348.00
  • Assessed Land Percent: 74.71
  • Assessed Total Value: $68,731.00

Property History for 4711 St Elmo Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4711 St Elmo Drive

Taxable ValueLand$960,000Additions$240,000Total$1,200,000
Tax Record2024$14,711 ($1,226 / month)
Home Facts
Beds2Total Finished SqFt1,144 SqFtAbove Grade Finished SqFt1,144 SqFtLot Size6,450 SqFtStyleSingle Family ResidenceYear Built1902ZoningLARD1.5CountyLOS ANGELESAPN5071-022-054

Schools near 4711 St Elmo Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Alta Loma Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy 2
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4711 St Elmo Drive is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on September 27, 2024 by Chelsea Properties, it's currently listed at $1,695,000. It has been on the market for a total of 58 days and was last sold on July 28, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Alta Loma Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 4711 St Elmo Drive is a 6-bed, 6-bath, 2,903 sqft multi-family home built in 1902.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chelsea Properties, Elizabeth Friedman, DRE #01507367

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.