Image 2 for 4522 St Elmo Dr, Los Angeles, CA 90019

View Photos

4522 St Elmo Dr Los Angeles, CA 90019

$1,650,000 Sold Price as of 06/03/2022

4 Beds
4 Baths
3,838 Sq.Ft.

Sold

$1,650,000 Sold Price as of 06/03/2022 Refinance Your Mortgage

Refinance Your Mortgage

Map preview of 4522 St Elmo Dr, Los Angeles, CA 90019

Property Overview: 4522 St Elmo Dr Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,838 living square feet and 7,003 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Priced to Sell! Ideal investment opportunity delivered with 1 Fully-Renovated Vacancy ideal for either an owner-occupant or investor! This one-of-a-kind property features 3 out of 4 units masterfully-renovated (see photos) averaging just shy of 1,000 SF per unit - with features including gleaming natural wood flooring, in-unit washer/dryers, renovated kitchens with quartz countertops and stainless steel appliances, new bathrooms with marble finishes and rain showers. Major capital expenditures to systems for the renovated units include tankless water heaters, new main electrical panel, copper plumbing, and ductless mini-split AC units with new condensers. Residents can also enjoy a beautifully-landscaped garden oasis with fully-matured landscaping - ideal for entertaining! Stand-alone garage in the rear with room for 4 vehicles & and excellent potential for up to 2 ADUs (Buyer to Investigate).

Listed by Everett Wong | BRE #01991247 | Greysteel California, Inc.

Last checked: 4 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft: 7,003
HOA Dues: $0/mo
Year built: 1938
Garage: 4 Car
Property Type:: Multi Family

Status: Sold
MLS#: PW22086117
City: Los Angeles
County: Los Angeles
Time on Site: 751 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1
# of Electric Meters: 4
# of Gas Meters: 4
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,700

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,071
Total Rent: $1,071
Pro Forma/Market Rent: $2,500

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,075
Total Rent: $1,075
Pro Forma/Market Rent: $2,500

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,700
Total Rent: $2,700
Pro Forma/Market Rent: $2,700

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 17.7
Gross Scheduled Income: $90,552
Net Operating Income: $62,512
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $26,229
Electric: $0
Gas/Fuel: $0
Trash: $0
Insurance: $1,544
Water/Sewer: $2,400

Property Details for 4522 St Elmo Dr

Interior Features

Laundry Information

Has Laundry
Inside

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 4
# of Parking Spaces: 4

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 4
Parcel Number: 5071021029
Year Built Source: Public Records
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: East of La Brea. North of Washington Boulevard

Neighborhood Information

Community Features: Urban

View more facts & features

Local Los Angeles Agent

Sale History for 4522 St Elmo Dr

Last sold for $1,650,000 on June 3rd, 2022

March, 2024
Mar 26, 2024

Date

Canceled

CRMLS: SB23188369

$1,599,000

Price
Oct 13, 2023

Date

Active

CRMLS: SB23188369

$1,699,000

Price
Listing provided courtesy of CRMLS

Great Investor/Owner-occupant 4-plex, with 3 out of 4 units completely renovated! Each unit is aprox. 960 SF featuring updgraded quartz countertops in kitchens, beautiful cabinetry, stainless steel appliances, dishwasher, in unit washer and dryer and gleaming hardwood floors. Additionally, each unit has tankless water heaters, new main electrical panel, copper plumbing and ductless mini-split AC units with new condensers. The common grounds are a very well maintained oasis, perfect for entertaining in the semi private oasis. The rear of the unit has 4 garages, which may be converted to ADU's (Buyer to investigate). No rent increases have been made over the past year, so there is room for added value. Come see for yourself!

Continue Reading
June, 2022
Jun 3, 2022

Date

Sold

CRMLS: PW22086117

$1,650,000

Price
Apr 27, 2022

Date

Active

CRMLS: PW22086117

$1,600,000

Price
November, 2021
Nov 15, 2021

Date

Withdrawn

CRMLS: PW21173145

$1,680,000

Price
Aug 6, 2021

Date

Active

CRMLS: PW21173145

$1,680,000

Price
Listing provided courtesy of CRMLS

Don't miss this charming and well-situated 4-Plex located in the heart of Mid-City Los Angeles, one of the fastest growing rental submarkets in all of Los Angeles. This jewel box opportunity features 3 out of 4 units masterfully-renovated averaging almost 1,000 SF per unit, with stunning design features and finely-appointed finishes throughout. The property will be delivered with 2 of the renovated units VACANT - an ideal scenario for owner-occupancy. The 3 renovated units feature gleaming natural wood flooring, recessed LED lighting throughout, in-unit Washer/Dryers and fully-renovated kitchens which include brand new shaker-style cabinets, quartz countertops and stainless steel appliances. The well-thought out bathroom design boasts new vanities and fixtures, with glass shower doors and marble finishes. Various upgrades to systems include tankless water heaters, ductless mini-split AC units with new condensers, new electrical main panel and rewiring. Residents will also enjoy a garden oasis ideal for entertaining fit with fully-matured olive trees, rosemary bushes and a stunning fountain!

Continue Reading
December, 2017
Dec 14, 2017

Date

Sold

CRMLS: 17285078

$1,002,500

Price
Nov 13, 2017

Date

Pending

CRMLS: 17285078

$935,500

Price
Nov 2, 2017

Date

Active

CRMLS: 17285078

$935,500

Price
Listing provided courtesy of CRMLS

This beautifully maintained Minimal Traditional Style Architecture building is located in the desirable Mid-City neighborhood and is approximately 15 minutes by car to the beach and downtown Los Angeles, and 5 minutes to the new Exposition/La Brea Metro Station with EZ access to DTLA, Westside shopping and Santa Monica. Beautifully landscaped with mature Mediterranean xeriscape and 10-foot hedges along the front and side yards for privacy. Gated entry & private garden area with fountain and lighting, providing beautiful nighttime ambiance. Spacious & maintained units with wood flooring, formal dining rooms, laundry rooms, high ceilings, archways and crown molding throughout. Faux fireplaces w/Mantles, separate stall showers, closets and storage throughout. Charming Kitchens are bright & spacious w/ample counters & upper/lower cabinets, 2 of which have breakfast nooks. Both upper units have private verandas. 4/one car private garages & parking area in rear.

Continue Reading
December, 2017
Dec 13, 2017

Date

Sold (Public Records)

Public Records

$1,002,500

Price
August, 2000
Aug 23, 2000

Date

Sold (Public Records)

Public Records

$234,000

Price

Tax History for 4522 St Elmo Dr

Assessed Value (2020): $1,043,200

Year	Land Value	Improved Value	Assessed Value
2020	$417,200	$626,000	$1,043,200

Home Value Compared to the Market

This property vs the competition

4522 St Elmo Dr sold on June 3, 2022 for 34.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $416.88 per/sqft which puts the price per square foot 44.78% lower than the current median sale per square foot for the city of Los Angeles.

About 4522 St Elmo Dr

Detailed summary of property

4522 St Elmo Dr is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,838 living square feet, and sits on an approximately 7,003 square foot lot. 4522 St Elmo Dr was first listed on ArdentRealEstateGroup.com on April 27, 2022. The homeowner sold the property for $1,650,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.45% higher than the current median priced home. Local homes that are currently for sale include 1430 S Orange Dr, 1325 S Mansfield Ave and 2818 S Bronson Ave. While the average home in Los Angeles, CA is selling in 94 days, 4522 St Elmo Dr has a days on market of 6 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4522 St Elmo Dr Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4522 St Elmo Dr

Public county record property details

Beds: 4
Baths: 4
Year built: --
Sq. Ft.: 3,838
Lot Size: 7,003
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 5071-021-029

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,599,800

Median List Price/Sq.Ft.

$696

Median Sold Price

$1,620,000

Median Sold Price/Sq.Ft.

$777

Total Inventory

Median Sale to List Price %

95.58%

Avg Days on Market

Loan Type

Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 4522 St Elmo Dr

Nearby Homes for Sale

Open Sun 2pm-4pm

Recently Sold Homes Near 4522 St Elmo Dr

$1,215,505 Last Sold Price

8 Beds

7 Baths

3620 Sq.Ft.

4526 St Elmo Dr
Los Angeles, CA 90019

$3,290,000 Last Sold Price

16 Beds

14 Baths

5703 Sq.Ft.

4523 St Elmo Dr
Los Angeles, CA 90019

$2,450,000 Last Sold Price

16 Beds

12 Baths

5634 Sq.Ft.

4537 St Elmo Dr
Los Angeles, CA 90019

$1,225,000 Last Sold Price

4 Beds

4 Baths

3236 Sq.Ft.

1749 West Blvd
Los Angeles, CA 90019

Related Resources to 4522 St Elmo Dr

New Listings in 90019

Popular Zip Codes

Popular Cities

Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.