Properties

Los Angeles, CA 90019 4817 St Charles Place

4817 St Charles Place Los Angeles, CA - Image 14817 St Charles Place Los Angeles, CA - Image 24817 St Charles Place Los Angeles, CA - Image 3
Presented By: Sean Rosenzweig with Marcus & Millichap;
  • MLS# 24388423
  • 05/06/2024
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 15
  • SQFT • 6,520

Home Details

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. We are pleased to offer for sale a 15-unit apartment community located at 4817-4845 St Charles Place. The subject property is located just south of Venice Boulevard and east of La Brea Avenue across three contiguous parcels totaling 14,378 square feet. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on an oversized 14,378 square foot parcel, the property is comprised entirely of studio units. The property has 47% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities. 4817-4845 St Charles Place presents investors a unique opportunity to acquire an asset with rare low-density construction in a highly sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential and development possibilities, make 4817-4845 St Charles Place an excellent acquisition opportunity.
Presented By: Sean Rosenzweig with Marcus & Millichap;

Interior Features for 4817 St Charles Place

Bedrooms

Total Bedrooms

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths15

Other Interior Features

LivingAreaSourceAssessor
Total Stories1

General for 4817 St Charles Place

Cap Rate4.36
CityLos Angeles
CountyLos Angeles
DirectionsSouth of Venice Boulevard & West of Rimpau Boulevard
Full Baths
Gross Income195360
HOANo
LevelsOne
Living Area6520
Lot Size Square Feet14378
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income86701
New ConstructionNo
Number Of Units Total15
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1950
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 4817 St Charles Place

Building Area Total6520
Lot Size Acres0.3301
Lot Size Area14378
Lot Size SourceAssessor
Number of Buildings3
Parking FeaturesNone
Total Parking11

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,990,000
MLS#24388423
List Date 05/06/2024
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 4817 St Charles Place

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.