4522 St Charles Place, Los Angeles, CA 90019

$1,400,000

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Listing courtesy of Listing Agent: Everett Wong (everett.wong@kidder.com) from Listing Office: Kidder Mathews of California.

List Price
$1,400,000
Status
ACTIVE
Days on Market
29
MLS#
PW26196740
Subtype
Residential Income
Year Built
1964
Lot Size
7,001
Acres
0.16
MLS Area Major
Mid Los Angeles (C16)

Property Description

***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 3 VACANT UNITS - two 2-bedroom units 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.

Additional Information

Pool Type
None
Parking Features
Attached Carport
Garage Spaces
8

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.