4500 Saturn Street

    Los Angeles (City), CA 90019
    • $1,495,000
    • STATUS: Active Under Contract
    • ON SITE: 274 days
    • ID#: 18315854
    Under Contract
    UPDATED: 58 min ago
    $1,495,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,023
      SQFT
    • $298
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Spacious four-unit apartment building located in the heart of the Mid City, one of the hottest rental neighborhoods. The units are much larger than standard 2 bedrooms at over 1,250 sqft each and extremely attractive to renters. Retrofitting recently completed, updated electrical, and newer windows. Two units have been updated and include central AC/Heat and additional half bath. Ample secured on-site parking (open spaces + 4 garage spots) and recent install of electric gate to secure entire parking area. The property is individually metered for gas and electricity and each unit has washer/dryer hook ups. One unit is owner occupied and will be delivered vacant. An excellent investment opportunity, rent as is, add additional upgrades to rentals, convert to condos with current parking, or build new up to 45 ft with underground parking.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T17:28:43.673. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/81615600

    4500 Saturn Street Los Angeles (City), CA 90019

    • Price: $1,495,000
    • Status: Active Under Contract
    • Updated: 58 min ago
    • ID#: 18315854
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,023
    SQFT
    $298
    $/SQFT
    1924
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Spacious four-unit apartment building located in the heart of the Mid City, one of the hottest rental neighborhoods. The units are much larger than standard 2 bedrooms at over 1,250 sqft each and extremely attractive to renters. Retrofitting recently completed, updated electrical, and newer windows. Two units have been updated and include central AC/Heat and additional half bath. Ample secured on-site parking (open spaces + 4 garage spots) and recent install of electric gate to secure entire parking area. The property is individually metered for gas and electricity and each unit has washer/dryer hook ups. One unit is owner occupied and will be delivered vacant. An excellent investment opportunity, rent as is, add additional upgrades to rentals, convert to condos with current parking, or build new up to 45 ft with underground parking.
    Exterior Features

    Lot Size Units Square Feet Parking Features DrivewayCovered ParkingAuto Driveway Gate Parking YN Yes

    Interior Features

    Cooling Wall Window Cooling YN Yes Laundry Features Gas Dryer HookupWasher IncludedStackable

    Property Features

    Gross Multiplier 14.83 Gross Operating Income 63437.00 Improvements Amount 330283 Land Value 720623 Laundry YN Yes Net Operating Income 50427.00 Special Listing Conditions Standard Total Expenses 14349.00 Zoning Lard1.5

    Listing provided courtesy of Cristin Beavers of Purplebricks Realty Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T17:28:43.673. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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