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Sold

4537 St Elmo Dr

4537 St Elmo Dr, Los Angeles, CA 90019

$2,400,000

1929 Mid-City classic fully rebuilt as a trophy property in 2020. All the hard work has been completed, making this tropical style four unit an easy to manage investment property with strong rental income potential. 100% vacant, but listed for rent at projected rents. The building setup features four units, all are accessed from a central foyer spanning two stories. Each unit offers 4 beds / 3 full baths, an open concept layout, plus two balconies for each of the upstairs units. All units come fully equipped with stainless steel Frigidaire appliances, LG front loading washer / dryers, quartz countertops, luxury vinyl plank flooring w/ cork, dual pane windows, and energy efficient HVAC systems. The gated exterior offers a tranquil setting with a lush front courtyard, soothing water feature, rear dog run with fruit trees, and secured parking available for each unit in the rear of the property. Security cameras and motion lights are installed. Offering Memorandum available upon request.

16
beds

12
baths

5,634 Sq.Ft. LIVING AREA

0.161 Acres lot

John Kostrey

John Kostrey

Features & Amenities

Interior

  • total bedrooms16
  • Total bathrooms12
  • KITCHEN Stone, Counters
  • Laundry room In, Kitchen, In, Unit
  • Flooring Vinyl, Tile, Vinyl, Stone
  • APPLIANCES Cooktop, -, Gas, Oven-Gas, Microwave
  • other interior Features Common Walls, Drywall Walls, Open Floor Plan, Mirrored Closet Door(s), Living Room Balcony, Laundry - Closet Stacked, High Ceilings (9 Feet), Recessed Lighting, Turnkey, Two Story Ceilings, Pre-wired for high speed Data

Area & Lot

  • Status Sold
  • Living Area5,634 Sq.Ft.
  • Lot Area0.161 Acres
  • MLS® ID20-665054
  • TypeMULTI_FAMILY
  • YEAR BUILT1929
  • Architecture StylesSpanish
  • View DescriptionNone

Exterior

  • STORIES2
  • water SourceDistrict
  • PoolNone
  • roofFlat
  • lot featuresLandscaped, Lawn, Front, Yard, Fenced, Fenced, Yard, Exterior, Security, Lights, Curbs, Lot-Level/Flat, Sidewalks, Street, Asphalt, Street, Lighting, Utilities, -, Overhead, Yard
  • parkingAssigned, Auto, Driveway, Gate, Gated, Side, By, Side, Driveway, -, Concrete, Parking, Space, Uncovered
  • HEAT TYPEElectric, Other
  • AIR CONDITIONINGAir, Conditioning, Electric, Multi/Zone
  • sewerIn, Street
  • SubstructurePillar/Post/Pier, Raised, Tie, Down, Quake, Bracing, Concrete, Perimeter
  • security FeaturesCard/Code, Access, Exterior, Security, Lights, Fire, and, Smoke, Detection, System, Fire, Rated, Drywall, Firewall(s), Gated, Smoke, Detector, Carbon, Monoxide, Detector(s), Automatic, Gate
  • other exterior FeaturesFlagstone, Stucco, Wood

Financial

  • Sales Price$2,400,000
  • Zoning LARD1.5

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