4725 St Elmo Dr, Los Angeles, CA 90019
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4725 St Elmo Dr Los Angeles, CA 90019

$1,050,000
  • 7 Beds
  • 3.75 Baths
  • 2,762 Sq.Ft.
For Sale
$1,050,000 Get Pre-Qualified

Map preview of 4725 St Elmo Dr, Los Angeles, CA 90019

Property Overview: 4725 St Elmo Dr Los Angeles, CA has 7 bedrooms, 3.75 bathrooms, 2,762 living square feet and 6,427 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Attention investors!!! Price reduced and ready to submit for a short sale! Discover this exceptional fixer/investment opportunity! This duplex is centrally located, and promises both potential and flexibility. Ideal for investors, this property offers two spacious units, each with unique features and endless possibilities. The exterior is completely gated to offer peace of mind and privacy. The upper unit has been completely gutted and presents a blank canvas for renovation, allowing you to tailor the space to attract high-quality tenants. It includes 4 bedrooms, 1 full bathroom, 2 half bathrooms, and a bonus room. It is ready for a full rehab, allowing you to customize the space to meet market demands and maximize investment returns. The downstairs unit features 3 bedrooms and 2 bathrooms, offering ample living space and immediate rental potential. The property boasts a private upper deck, perfect for entertaining guests or creating a tranquil outdoor retreat, and a detached storage unit that provides additional space for storage, enhancing the property's utility and appeal. Situated in close proximity to shopping centers, restaurants, and major highways, this duplex offers unparalleled access to essential amenities and services. Being just minutes away from downtown, residents will enjoy the benefits of urban living without sacrificing the charm of a residential neighborhood. With spacious units and a desirable location This duplex is more than just a property; it's an opportunity to invest in a prime location with the great upside potential. The combination of a highly desirable location, spacious living units, and the flexibility to customize the property makes it an attractive option for seasoned investors and newcomers alike. Don't miss out on this unique chance to transform and capitalize on a property with incredible potential. Contact us today to schedule a viewing and explore the endless possibilities this duplex has to offer!

Listed by Tiffany Davis | BRE #01229328 | Sankofa Global Realty Group Inc.
Last checked: 4 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
6,427
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Duplex
Status
Active
MLS#
SR24140705
City
Los Angeles
County
Los Angeles
Time on Site
70 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $98,400
  • Net Operating Income: $0
  • Gross Operating Income: --
  • Other Income Description: Projected
Annual Expense Breakdown
  • Total Operating Expense: $8,100
  • Electric: $3,000
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,500
  • Water/Sewer: $3,600

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Property Details for 4725 St Elmo Dr

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Upper Level, Washer Hookup
Room Information
  • Flooring: Vinyl, Wood
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Concrete
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5071022050
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Exit 10 frwy on to La Brea N, turn RT on Washington Bl, turn LT on Rimpau Bl, turn RT on St Elmo Dr, the property will be on the LT
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
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Sale History for 4725 St Elmo Dr

Last sold on June 12th, 2009
  • July, 2024

  • Jul 10, 2024

    Date

    Active

    CRMLS: SR24140705

    $1,300,000

    Price

  • November, 2017

  • Nov 13, 2017

    Date

    Expired

    CRMLS: 03016423

    --

    Price

  • Listing provided courtesy of CRMLS

    THIS PROPERTY HAS BEEN CONVERTED TO 3 UNITS, WITHOUT PERMITS. COMPLETELEY REMODELED WITH SOME BLT-INS, CERAMIC TILES, NEW CARPETS AND MORE. WORK IS STILL IN PROGRESS, DO NOT DISTURB WORKERS, DRIVE BY ONLY. BUYERS TO DO THEIR OWN INVBESTIGATIONS ON UNITS PER THE PURCHASE CONTRACT. CALL L/A FOR AVAILABILITY AND INSTRUCTIONS.

  • June, 2009

  • Jun 12, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2004

  • Mar 30, 2004

    Date

    Sold (Public Records)

    Public Records

    $515,000

    Price

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Tax History for 4725 St Elmo Dr

Assessed Value (2020): $588,739
Year Land Value Improved Value Assessed Value
2020 $470,995 $117,744 $588,739

Home Value Compared to the Market

This property vs the competition

4725 St Elmo Dr is listed 12.5% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $380.16 per/sqft which puts the price per square foot 50.5% lower than the median price per square foot for the city of Los Angeles.

About 4725 St Elmo Dr

Detailed summary of property

4725 St Elmo Dr is a duplex located in Los Angeles, CA 90019 and is currently for sale. This duplex offers 7 bedrooms, 3.75 bathrooms, roughly 2,762 living square feet, and sits on an approximately 6,427 square foot lot. 4725 St Elmo Dr was first listed on ArdentRealEstateGroup.com on July 11, 2024. The homeowner is currently asking $1,050,000 and was originally asking $1,300,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 12.5% lower than the median priced home. Local competing homes currently for sale include 1516 S Cloverdale Ave, 5065 Bangor St and 1877 S Cloverdale Ave. While the average home in Los Angeles, CA is selling in 106 days, 4725 St Elmo Dr has a days on market of 71 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4725 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 4725 St Elmo Dr

Public county record property details
Beds
6
Baths
3
Year built
1915
Sq. Ft.
2,762
Lot Size
6,424
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5071-022-050

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
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 4725 St Elmo Dr

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.