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4523 St Elmo Dr
Los Angeles, CA 90019
PREMIUM NEW CONSTRUCTION FOURPLEX 5.34% CAP! · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Delivered 50% rented at outstanding rents of $4,595 and $6,200 + multiple apps in hand!
- Each unit has its own Proto Core™ control room, consolidating maintenance systems.
- Property comes FULLY LOADED with premium stainless steel kitchen appliances, Ring Doorbe
- 5.34% cap rate- impossible to find in this market of 4% caps!
- Boasts extraordinary curb appeal. Between the high-end materials, multi-dimensional design, and the lush landscaping, this property stands out above a
- With SB-8 in effect, we expect less fourplexes will be built, making properties like these an even more rare and hot commodity.
Property Facts
| No. Units | 4 | Building Size | 5,703 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2022 |
| Building Class | B | Parking Ratio | 1.4/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 5,703 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Stainless Steel Appliances
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | $5,398 | 1,394 - 1,457 |
Property Taxes
| Parcel Number | 5071-012-047 | Improvements Assessment | $2,070,396 |
| Land Assessment | $1,352,520 | Total Assessment | $3,422,916 |
Property Taxes
Parcel Number
5071-012-047
Land Assessment
$1,352,520
Improvements Assessment
$2,070,396
Total Assessment
$3,422,916
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