4522 Saint Elmo Drive new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25161289
Year Built 1938
Lot Size 7,004 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Ductless,Wall Furnace
Cooling Ductless
Flooring Carpet,Tile,Wood
Fireplaces Type Decorative
Laundry Inside
Exterior
Parking Features Driveway Level,Driveway,Garage,On Street
Garage Spaces 4.0
Garage Description 4.0
Fence Stucco Wall
Pool None
Community Features Gutter(s),Street Lights,Sidewalks
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Sewer Connected,Water Available,Water Connected
View Y/N Yes
View Courtyard,Neighborhood
Roof Type Shingle
Building
Lot Description Back Yard,Front Yard,Garden
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Subject To Other
Listing Terms Cash,Cash to New Loan,Subject To Other
Special Listing Condition Notice Of Default,Short Sale