Listing date: 2025-01-03, Last update: 2025-01-07

$2,340,000 For Sale

4817 St Charles Place, Los Angeles, CA 90019

  • 0Beds
  • -Baths
  • 6,520
    sqft
  • 14,379
    sqft Lot
  • 0 Beds
  • Baths
  • 6,520 sqft
  • 14,379 sqft lot
Property Highlight
Year built
1950
Listed for
5 days
Price / Home Size
$358 / sqft
Parking
11
HOA
$0 / mo
A/C
-
Home Type
Other
View
    Description

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. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase. 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 53% 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.

Listing Provided Agent
  • • Name: Sean Rosenzweig
  • • DRE: 01406343
  • • Email: thesrgroup@marcusmillichap.com
  • • Phone: -
Listing Provided Office
  • • Name: Marcus & Millichap
  • • Email: -
  • • Phone: 310-909-5500
Source
  • • CRMLS #24388423crmls logo
Local Information
Home Details for 4817 St Charles Place
Interior
Features
Appliances
Bathrooms
  • 15 total bathrooms
Bedrooms
Living Area
  • 6,520 sqft
Exterior
Features
  • Home Type: Multifamily
  • New Construction: No
  • Levels: One
  • Stories: 1
Parking & Garage
  • # of Parking spaces: 11
  • Parking features: None
Lot
  • Size: 14,379 sqft
  • Size source: Assessor
Details
  • Parcel Number: 5067007003
  • Special Condition: Standard
  • Property Condition: Zoning: LARD1.5
  • # of Total unit: 15
Utilities
Utilities
Community & HOA
Community
  • None
HOA
Property Financial History
DateEventPrice
01/03/2025Source: CRMLS #24388423
Back on Market
-
12/31/2024Source: CRMLS #24388423
Off Market
-
05/06/2024Source: CRMLS #24388423
Listed for Sale
$ 2,340,000
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