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Listed by Azucena Carrillo, DRE #02036492 • Circle Real Estate
$ 2,250,000
Est. payment /mo
Price Dropped by $150K
4816 Saturn ST Los Angeles, CA 90019
7,003 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26087675
Style Contemporary,Traditional
Year Built 2017
Lot Size 7,003 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
NEW PRICE - $2,250,000! Excellent opportunity to acquire a 2017-built, non-rent-controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The property offers newer construction, strong in-place rental income, separately metered utilities, and a spacious unit mix, providing an attractive investment opportunity at a newly reduced price point. The property features an attractive unit mix consisting of two 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one 2-bedroom, 2-bath unit. Spacious floor plans range from approximately 1,000 to 1,400 square feet, totaling approximately 5,263 SF on a 7,000 SF lot. Each unit features: -In-unit washer/dryer -Stainless steel appliances -HVAC -Open floor plans with large bedrooms -Separate utility metering At approximately $428/SF, the new price provides investors with a competitive basis relative to replacement cost, while offering the benefits of an existing income-producing asset without the risks and timelines associated with new development. The property is surrounded by ongoing development and is positioned near notable comparable sales, supporting the area's continued investment and rental demand. Ideally located in Mid-City, the property offers convenient access to major employment centers,
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Dishwasher, Oven Range - Gas, Refrigerator
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Washer, Dryer
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool 31, None
View City Lights
Building
Foundation Concrete Slab
Sewer TBD
Water District - Public
Architectural Style Contemporary, Traditional
Others
Tax ID 5067009052
Special Listing Condition Not Applicable
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