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Listed by Cheyenne Womack • Myunits.com Inc.
$3,950,000
Est. payment /mo
8,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,100 sqft
Price per Sqft $487
MLS Listing ID CRBB25181202
HOA Y/N No
Year Built 2024
Lot Size 7,006 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
4512 St. Elmo Dr, a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime Mid-City! Fully stabilized at phenomenal rents, boasting a REAL 5.58% CAP RATE!! This premium new construction property is comprised of two massive buildings (a whopping 8,100 square feet!) containing two expansive 4 bedroom, 3 bathroom tri-level units, two 3 bedroom, 3 bathroom trilevel units, and two large 2 bedroom, 2 bathroom units. In addition to its incredible design and curb appeal, 4512 St. Emlo Dr. boasts NO RENT CONTROL, high return, and separate meters for all utilities! This totally turnkey 6-unit features washers and dryers in all units, stainless steel appliances, high ceilings, massive balconies off the living rooms and bedrooms, ample windows letting in tons of natural light, gorgeous modern kitchens and bathrooms, and beautifully designed landscaping. Now is the time to place your money in hiqh quality, tangible real estate as opposed to letting your money sit in the bank! This property is situated in the ultra-trendy Mid-City market, 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other
Exterior
View City Lights, Other
Building
Lot Description Other
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613