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4546 St Elmo Dr, Los Angeles, CA 90019
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4546 St Elmo Dr Los Angeles, CA 90019

$1,810,500 Sold Price as of 10/04/2022
  • 8 Beds
  • 4 Baths
  • 4,892 Sq.Ft.
Sold
$1,810,500 Sold Price as of 10/04/2022 Refinance Your Mortgage
Map preview of 4546 St Elmo Dr, Los Angeles, CA 90019

Property Overview: 4546 St Elmo Dr Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,892 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: 4546 St Elmo Dr is a gorgeously renovated, pride-of-ownership fourplex located in red-hot Mid City, only a few minutes from Downtown Culver City! This designer fourplex is made up of four expansive 2 bedroom, 1 bath units (all 1,223 square feet!) that boast modern kitchens and bathrooms. This unique property blends the charm and character of the 1920’s with sleek, upscale elements! Between the unbeatable location (Mid-City is the hottest rental market in town) and the size and beauty of these units, 4546 St Elmo is a renter’s dream come true. Priced at only $388 per SF in a market with comps averaging $472 per SF- this deal is priced to fly! The current cap rate is an outstanding 4.00%- and the building comes with massive upside. We conservatively project a pro forma cap rate of 5.53%. With the massive influx of new construction properties on every surrounding street, we predict rents will continue to go up rapidly in this pocket! Other notable features include: washers and dryers provided for each unit, stainless steel appliances throughout, new exterior paint, new/newer water heaters, wonderful existing tenants that pay on time, a large rear parking lot with 4 parking spaces, a front patio area, a rear garden area, and a back patio and storage unit. It is located 10 minutes from Downtown Culver City and the countless local hotspots, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). This area boasts a huge quantity of entertainment, tech, and creative jobs- ideal for easy leasing!

Listed by Elizabeth Maddox | BRE #01921425 | The 2-4 Unit Specialists
Co-listed by Ian Maddox | BRE #02030205 | The 2-4 Unit Specialists
Last checked: 9 minutes ago | Last updated: October 4th, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
7,003
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
BB22129999
City
Los Angeles
County
Los Angeles
Time on Site
696 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: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,540
  • Total Rent: $2,540
  • Pro Forma/Market Rent: $2,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,245
  • Total Rent: $2,245
  • Pro Forma/Market Rent: $2,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,245
  • Total Rent: $2,245
  • Pro Forma/Market Rent: $2,995
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,142
  • Total Rent: $2,142
  • Pro Forma/Market Rent: $2,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 17.25
  • Gross Scheduled Income: $110,064
  • Net Operating Income: $75,890
  • Gross Operating Income: $108,963
Annual Expense Breakdown
  • Total Operating Expense: $33,074
  • New Taxes: $22,317
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,957
  • Maintenance: $4,600
  • Water/Sewer: $3,000

Virtual Tour

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Property Details for 4546 St Elmo Dr

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Refrigerator
Interior Features
  • Ceiling Fan(s), High Ceilings, Open Floorplan
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Parking Space
Lot Information
  • Lot Features: Landscaped, Rectangular Lot, Level, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5071021024
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Heading south on Vineyard Ave make a left onto St Elmo Dr, property will be on right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 4546 St Elmo Dr

Last sold for $1,810,500 on October 4th, 2022

  • October, 2022

  • Oct 4, 2022

    Date

    Sold

    CRMLS: BB22129999

    $1,810,500

    Price

  • Jun 23, 2022

    Date

    Active

    CRMLS: BB22129999

    $1,899,000

    Price

  • October, 2020

  • Oct 24, 2020

    Date

    Expired

    CRMLS: BB20118399

    $1,699,000

    Price

  • Sep 1, 2020

    Date

    Price Change

    CRMLS: BB20118399

    $1,699,000

    Price

  • Jun 25, 2020

    Date

    Active

    CRMLS: BB20118399

    $1,749,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful fouplex located in Mid City LA. This amazing property provides investors an opportunity to generate cash flow immediately with 4 spacious – 2 Bedroom/1 Bath units filled with character and charm. Each unit features updated kitchen and bath, flooring, and indoor laundry. Parking is conveniently located at the back of the property. Gas and electric are separately metered and paid by tenants. Prime location! Close to freeway, schools, shopping, dining, Famed La Fayette Square and everything our fine city has to offer. All units rented at market rates. Perfect for a 1031 exchange.

  • May, 2020

  • May 7, 2020

    Date

    Expired

    CRMLS: P0-819005228

    $1,790,000

    Price

  • Jan 16, 2020

    Date

    Price Change

    CRMLS: P0-819005228

    $1,790,000

    Price

  • Nov 15, 2019

    Date

    Active

    CRMLS: P0-819005228

    $1,825,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity for an owner-user or investor to own four beautifully renovated units in Mid City Los Angeles. The building consists of 4 spacious units each with completely updated kitchen, bath, flooring, appliances and laundry hookups. Perfect for a 1031 exchange, or live in one unit and lease the others. Adjacent to famed La Fayette Square, Alta Loma Elementary School, Nate Holden Performing Arts Center, the 10 Freeway, shopping and restaurants.

  • November, 2019

  • Nov 19, 2019

    Date

    Expired

    CRMLS: 19466436

    $1,825,000

    Price

  • Nov 2, 2019

    Date

    Withdrawn

    CRMLS: 19466436

    $1,825,000

    Price

  • Aug 16, 2019

    Date

    Price Change

    CRMLS: 19466436

    $1,825,000

    Price

  • Jun 18, 2019

    Date

    Active

    CRMLS: 19466436

    $1,850,000

    Price

  • Jun 18, 2019

    Date

    Expired

    CRMLS: 19466436

    $1,850,000

    Price

  • May 14, 2019

    Date

    Active

    CRMLS: 19466436

    $1,850,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully renovated and spacious quadruplex with upside rent potential. This property has 4 two bedroom units and has been completely updated with new kitchen, baths, updated flooring, appliances, and laundry hook ups in each unit. Large backyard with plenty of off street parking. Sold AS-IS. This property is located in MidCity near many points of interest and shopping centers.

  • September, 2011

  • Sep 2, 2011

    Date

    Sold (Public Records)

    Public Records

    $823,000

    Price

  • May, 2011

  • May 27, 2011

    Date

    Sold (Public Records)

    Public Records

    $417,000

    Price

Show More

Tax History for 4546 St Elmo Dr

Assessed Value (2020): $945,212
Year Land Value Improved Value Assessed Value
2020 $574,249 $370,963 $945,212

Home Value Compared to the Market

This property vs the competition

4546 St Elmo Dr sold on October 4, 2022 for 59.58% 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 $388.18 per/sqft which puts the price per square foot 48.58% lower than the current median sale per square foot for the city of Los Angeles.

About 4546 St Elmo Dr

Detailed summary of property

4546 St Elmo Dr is a fourplex that recently sold in Los Angeles, CA 90019. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 4,892 living square feet, and sits on an approximately 7,003 square foot lot. 4546 St Elmo Dr was first listed on ArdentRealEstateGroup.com on June 23, 2022. The homeowner sold the property for $1,810,500. 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 59.58% higher than the current median priced home. Local homes that are currently for sale include 4809-4811 Dockweiler St, 1296 S Citrus Ave and 1325 S Mansfield Ave. While the average home in Los Angeles, CA is selling in 92 days, 4546 St Elmo Dr has a days on market of 21 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 4546 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 4546 St Elmo Dr

Public county record property details
Beds
8
Baths
4
Year built
1928
Sq. Ft.
4,892
Lot Size
7,002
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5071-021-024

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
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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(714) 706-1823

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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.

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