Description
We are excited to present 4711 st elmo drive, a remarkable 5-unit property in mid-city heights, newly constructed between 2023 and 2024, offering a current 6.32% cap rate. this turnkey investment features three separate buildings situated on a 6,450 square foot lot. the front structure is a brand-new, one-bedroom, one-bath single-family home, completed in 2024, with no shared walls. the middle structure is a fully renovated duplex, consisting of two one-bedroom, one-bath units, with an extensive gut renovation completed in 2023. this renovation included all-new electrical, plumbing, hvac, windows, and more, with no expense spared. the rear structure is a newly built duplex, featuring one one-bedroom, one-bath unit and one two-bedroom, two-bath unit. all units are equipped with high-end finishes, including modern vinyl plank flooring, tile showers, quartz countertops, mini-split hvac systems, stainless steel appliances, recessed lighting, and in-unit washers and dryers. additionally, new main water and sewer lines have been installed. fully occupied by qualified tenants, this property represents a rare and exceptional investment opportunity.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49203615
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 6
Bathroom Information
- Total Baths: 6
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Dryer
Heating Source
- Central
- Has Heating
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Exterior Features
Building Information
- Year Built: 2024
- Building Area Total: 2,903
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1481
- Lot Size Dimensions: 50x129
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6450
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Listing Information
Listing Price Information
- Original List Price: 1,675,000
- Listing Contract Date: 2025-04-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5071022054
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C16 - Mid Los Angeles
- Postal Code Plus 4: 5747
- Directions: North on Rimpau Blvd, East on St Elmo Dr
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: C16 - Mid Los Angeles
Building and Construction
- Property Age: 1
- Year Built Source: Builder
- Total Square Feet Living: 2903
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/16/2025 @ 18:16
- MLS: 25513297
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is for sale, it has 2,903 sqft, 6,450 sized lot, and 0 parking. are nearby neighborhoods.