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4834 Saturn St, Los Angeles, CA 90019
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4834 Saturn St Los Angeles, CA 90019

$1,225,000 Sold Price as of 03/07/2023
  • 8 Beds
  • 6 Baths
  • 3,956 Sq.Ft.
Sold
$1,225,000 Sold Price as of 03/07/2023 Refinance Your Mortgage
Map preview of 4834 Saturn St, Los Angeles, CA 90019

Property Overview: 4834 Saturn St Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,956 living square feet and 7,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 4834 Saturn, a 6-unit apartment building centrally located near Venice and La Brea Ave in Mid-City! Built in 1959, the building consists of two 2 bedroom/1 bath units and four 1 bedroom/1 bath units. The subject has an upside in rents of approximately 88.6% and presents an excellent value add opportunity to achieve huge future returns for an investor! Each unit is separately metered for gas and electric and the property features 8 on-site parking spaces. With a walk score of 83, the building’s location is highly desirable given the close proximity to endless dining, entertainment, hotels, historical landmarks and a short distance from the 1-10 Freeway, Downtown LA, Santa Monica, and LAX.

Listed by Anie Mayelian | BRE #00778825 | Equity Union
Co-listed by Aleen Mayelian | BRE #02198281 | Equity Union
Last checked: 5 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
7,001
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SR22258819
City
Los Angeles
County
Los Angeles
Time on Site
631 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 7
  • # of Gas Meters: 6
  • # 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: $1,136
  • Total Rent: $1,136
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $936
  • Total Rent: $936
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,140
  • Total Rent: $1,140
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $965
  • Total Rent: $965
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $778
  • Total Rent: $778
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,089
  • Net Operating Income: $39,489
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $33,347
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $18,750
  • Trash: $1,813
  • Gardener: $900
  • Insurance: $3,794
  • Maintenance: $1,440
  • Professional Management: $0
  • Water/Sewer: $6,650

Property Details for 4834 Saturn St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 5067009048
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: .
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 4834 Saturn St

Last sold for $1,225,000 on March 7th, 2023

  • March, 2023

  • Mar 7, 2023

    Date

    Sold

    CRMLS: SR22258819

    $1,225,000

    Price

  • Dec 27, 2022

    Date

    Active

    CRMLS: SR22258819

    $1,500,000

    Price

  • October, 2020

  • Oct 13, 2020

    Date

    Expired

    CRMLS: 19520078

    $1,400,000

    Price

  • Apr 15, 2020

    Date

    Withdrawn

    CRMLS: 19520078

    $1,400,000

    Price

  • Apr 13, 2020

    Date

    Active

    CRMLS: 19520078

    $1,400,000

    Price

  • Apr 13, 2020

    Date

    Withdrawn

    CRMLS: 19520078

    $1,400,000

    Price

  • Apr 13, 2020

    Date

    Expired

    CRMLS: 19520078

    $1,400,000

    Price

  • Mar 16, 2020

    Date

    Hold

    CRMLS: 19520078

    $1,400,000

    Price

  • Oct 12, 2019

    Date

    Active

    CRMLS: 19520078

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to announce the sale of 4834 Saturn Street, a six-unit multifamily property located in the rapidly improving Mid-City district of Los Angeles, CA. A clear value-add opportunity, the building has rents that currently average only $1.39 per square foot. A new investor may be able to capitalize on the approximate 104% rent upside via strategic property upgrades that complement the recent developments and improvement in the neighborhood. Midtown Crossing, a recently completed 330,000 square foot urban retail center, is within walking distance for tenants of the property, helping an investor to command higher rents.The Mid-City district is located south of the prime Miracle Mile and Mid-Wilshire neighborhoods, and it has several pending development projects slated for completion in the coming years. Future deferred maintenance costs are reduced by the fact that the subject property does not appear on the LADBS Seismic Retrofit List (Buyer to verify).

  • June, 2009

  • Jun 18, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4834 Saturn St

Assessed Value (2020): $706,489
Year Land Value Improved Value Assessed Value
2020 $470,995 $235,494 $706,489

Home Value Compared to the Market

This property vs the competition

4834 Saturn St sold on March 7, 2023 for 20.54% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $341.25 per/sqft which puts the price per square foot 52.87% lower than the current median sale per square foot for the city of Los Angeles.

About 4834 Saturn St

Detailed summary of property

4834 Saturn St is a mixed use that recently sold in Los Angeles, CA 90019. This mixed use property offered 8 bedrooms, 6 bathrooms, roughly 3,956 living square feet, and sits on an approximately 7,001 square foot lot. 4834 Saturn St was first listed on ArdentRealEstateGroup.com on December 27, 2022. The homeowner sold the property for $1,225,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 20.54% higher than the current median priced home. Local homes that are currently for sale include 2015 Pennsylvania Ave, 2007 Pennsylvania Ave and 2016 Pennsylvania Ave. While the average home in Los Angeles, CA is selling in 106 days, 4834 Saturn St has a days on market of 24 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 4834 Saturn St 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 4834 Saturn St

Public county record property details
Beds
8
Baths
6
Year built
--
Sq. Ft.
3,956
Lot Size
7,000
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
5067-009-048

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%)

Thinking of Selling?

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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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