4522 St Charles Place

Los Angeles, CA 90019

About this property

***Probate sale not subject to court confirmation.*** Mid-City 8-Unit Value-Add Opportunity with Immediate Upside! 4522 St. Charles Place is an 8-unit multifamily property featuring approximately 5,812 SF and situated on a 7,001 SF lot. Built in 1964, this property will be delivered with 2 VACANT UNITS - one 2-bedroom unit and one 1-bedroom unit- creating an immediate opportunity for an investor to renovate, reposition, and capture market rents. Additional highlights include copper plumbing, completed soft-story seismic retrofit work with Certificate of Compliance pending, and 8 parking spaces (1 tandem + 7 single spaces). Ideally situated near La Brea Avenue and Venice Boulevard, the property offers convenient access to Midtown Crossing and connectivity to West Adams, Culver City, Miracle Mile, Koreatown, Downtown Los Angeles, and the Westside. Expenses shown are estimated. Gross Rental Income shown assumes vacant units at market rent.

About this property

***Probate sale not subject to court confirmation.*** Mid-City 8-Unit Value-Add Opportunity with Immediate Upside! 4522 St. Charles Place is an 8-unit multifamily property featuring approximately 5,812 SF and situated on a 7,001 SF lot. Built in 1964, this property will be delivered with 2 VACANT UNITS - one 2-bedroom unit and one 1-bedroom unit- creating an immediate opportunity for an investor to renovate, reposition, and capture market rents. Additional highlights include copper plumbing, completed soft-story seismic retrofit work with Certificate of Compliance pending, and 8 parking spaces (1 tandem + 7 single spaces). Ideally situated near La Brea Avenue and Venice Boulevard, the property offers convenient access to Midtown Crossing and connectivity to West Adams, Culver City, Miracle Mile, Koreatown, Downtown Los Angeles, and the Westside. Expenses shown are estimated. Gross Rental Income shown assumes vacant units at market rent.

Features and Additional Information

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$1,400,000 Pending
5,812 sqft

Presented By Benjamin Leaskou

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License #01754516
Brokerage
Kidder Mathews of California
1-949-557-5000
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Area Information

C16 Mid Los Angeles | Los Angeles County |

$ 1,400,000
This listing is play_arrow 51.4% higher than the average in the area
$ 925,000 in the area
5,812 SqFt
This listing is play_arrow 287.0% larger than the average in the area
1,502 SqFt in the area
$ 241 $/SqFt
This listing is play_arrow 63.2% less than the average in the area
$ 654 $/SqFt in the area
54 days on site
This listing is play_arrow 10.7% below the average in the area
61 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Everett Wong
Brokerage: Kidder Mathews of California

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