4835 Elmwood Avenue Los Angeles, CA ^$ 4,100,000

4835 Elmwood Avenue

^$ 4,100,000

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4835 Elmwood Avenue

Los Angeles, CA, 90004

^$ 4,100,000

Studio Baths0.0 Sq 6,870

Monthly Estimate*

^$ 28,640

4835 Elmwood Avenue, Los Angeles, CA 90004 - Image 1

4835 Elmwood Avenue, Los Angeles, CA 90004 - Image 2

4835 Elmwood Avenue, Los Angeles, CA 90004 - Image 3

4835 Elmwood Avenue, Los Angeles, CA 90004 - Image 4

4835 Elmwood Avenue, Los Angeles, CA 90004 - Image 5

4835 Elmwood Avenue, Los Angeles, CA 90004 - Image 6

Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,100,000. This 6,870 square foot home was built in 1993 on a lot size of 0.17.

Location, Location! Bring All Reasonable Offers!! This updated and sharp looking contemporary 9-unit multifamily asset building surpasses all adjacent properties in the highly sought-after area it sits, just minutes from east of Larchmont Village and Hancock Park/Hollywood strip. Big bonus: built in 1993, this property is NOT subject to rent control. Rent fees are extremely under market for this area and product type. With all unit upgrades, a new owner could enjoy a significant increase in income as well as the ability to sell off the units one by one as condominiums since each has its own APN. 4835 Elmwood is a controlled access building with parking and laundry on-site. Each spacious unit boasts hardwood floors, stainless steel appliances, granite counter tops, and a private balcony. Each unit in this apartment comes with 2 assigned parking spaces. This property is marked with smart looks and many conveniences.

Multi-Family Active

Price

^$ 4,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1993

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023330687

Features

General

Heating Central

Cooling Central Air

Zoning R3

Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Gated Community Fire and Smoke Detection System

Year Built 1993

Tenant Pays Electricity Gas

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 189390.0

Insurance Expense 4800.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction East

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

View Y/N Yes

Senior Community Y/N No

MLS Area HPK - Hancock Park

Lot Size Square Feet 7248.0

Street Name Elmwood

Electric Expense 11400.0

Property Condition Updated/Remodeled

Water Sewer Expense 4680.0

Structure Type None

Standard Status Active

Year Built Source Assessor

Taxes 51250.0

Buyer Agent Compensation Type %

Interior

Flooring Wood

Kitchen Appliances Dishwasher Disposal Gas Oven Gas Cooktop Microwave Gas Range Refrigerator

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Window Features Blinds Double Pane Windows

Street Suffix Avenue

Laundry Features Dryer Included In Garage

Total Baths 0

Exterior

Parking Features Auto Driveway Gate

Lot Size Area 7248.0

Foundation Details Slab

Spa No

Pool Y/N? No

Building Area Total 6870.0

Lot Size Acres 0.17

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Michael Park

Listing Agent

New Star Realty

Broker

Affordability Calculator

$28,640

Per Month

Monthly Principal & Interest: $28,640
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 51%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/11/2023	$4,100,000		Listed Price

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4835 Elmwood Avenue, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $4,100,000 with 6,870 sqft and a lot size of 0.17. 4835 Elmwood Avenue is a studio with 0.0 baths and was built in 1993. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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4835 Elmwood Avenue

Multi-Family Home for sale in Los Angeles, CA

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