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4836 Saturn St Los Angeles, CA 90019

$1,290,000 Sold Price as of 10/26/2023

8 Beds
0 Baths
3,956 Sq.Ft.

Sold

$1,290,000 Sold Price as of 10/26/2023 Refinance Your Mortgage

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Map preview of 4836 Saturn St, Los Angeles, CA 90019

Property Overview: 4836 Saturn St Los Angeles, CA has 8 bedrooms, -- bathrooms, 3,956 living square feet and 6,875 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own a 6-unit building near Venice and La Brea in Mid-City Los Angeles. This apartment building was built in 1961 in a prime location of the City. Building offers two 2-bedroom/1 bath and four 1-bedroom/1bath units with ample tenant parking. Property has 8 dedicated parking spaces for tenants. All units are separately metered for gas and electricity. This property needs some TLC and has great upside rental potential. Current tenants are all long-term tenants. Opportunity to live in one or lease at current market rates. Close and convenient proximity to Interstate 10 Freeway allowing for favorable commute to Downtown LA, LAX, local beaches and abundant restaurants and points of interest.

Listed by Minerva Corral | BRE #01041781 | CORRAL INVESTMENTS & REALTY
Co-listed by Jose Corral | BRE #01020941 | CORRAL INVESTMENTS & REALTY

Last checked: 2 minutes ago | Last updated: November 10th, 2023 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft: 6,875
HOA Dues: $0/mo
Year built: 1961
Garage: 8 Car
Property Type:: Apartment

Status: Sold
MLS#: CV23078051
City: Los Angeles
County: Los Angeles
Time on Site: 349 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 6
Total # of Buildings: 1
# of Leased Units: 5
# of Electric Meters: 6
# of Gas Meters: 6
# of Water Meters: 0

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 0
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,100
Total Rent: $1,100
Pro Forma/Market Rent: $1,800

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 0
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,550

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 0
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $895
Total Rent: $895
Pro Forma/Market Rent: $1,800

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 0
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,300
Total Rent: $1,300
Pro Forma/Market Rent: $1,800

Unit Breakdown 5

# of Units: 1
# of Beds: 1
# of Baths: 0
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $908
Total Rent: $908
Pro Forma/Market Rent: $1,800

Unit Breakdown 6

# of Units: 1
# of Beds: 2
# of Baths: 0
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,192
Total Rent: $1,192
Pro Forma/Market Rent: $2,550

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $92,376
Net Operating Income: $62,276
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $30,100
Electric: $1,200
Gas/Fuel: $0
New Taxes: $17,500
Trash: $2,100
Insurance: $2,500
Maintenance: $1,800
Professional Management: $0
Water/Sewer: $6,200

Virtual Tour

Use the following link to view this property's virtual tour:

Virtual Tour URL (external link)

Property Details for 4836 Saturn St

Interior Features

Heating Information

Has Heating
Wall Furnace

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 8
# of Parking Spaces: 16

Lot Information

Lot Features: 6-10 Units/Acre, Front Yard, Level with Street, Level
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 6
Parcel Number: 5067009047
Year Built Source: Assessor
Entry Level: 1
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Utilities Information

Sewer: Public Sewer
Water Source: Public

Assessment Information

Has Assessments
Assessments: Unknown

Location / Neighborhood

Location Information

Directions: By Venice and La Brea - Mid City

Neighborhood Information

Community Features: Sidewalks, Urban

View more facts & features

Local Los Angeles Agent

Sale History for 4836 Saturn St

Last sold for $1,290,000 on October 26th, 2023

November, 2023
Nov 10, 2023

Date

Canceled

CRMLS: CV23066190

$1,290,000

Price
Apr 19, 2023

Date

Active

CRMLS: CV23066190

$1,395,000

Price
Listing provided courtesy of CRMLS

Excellent opportunity to own a 6-unit building near Venice and La Brea in Mid-City Los Angeles. This apartment building was built in 1961 in a prime location of the City. Building offers two 2-bedroom/1 bath and four 1-bedroom/1bath units with ample tenant parking. Property has 8 dedicated parking spaces for tenants. All units are separately metered for gas and electricity. This property needs some TLC and has great upside rental potential. Current tenants are all long-term tenants. Close and convenient proximity to Interstate 10 Freeway allowing for favorable commute to Downtown LA, LAX, local beaches and abundant restaurants and points of interest.

Continue Reading
October, 2023
Oct 26, 2023

Date

Sold

CRMLS: CV23078051

$1,290,000

Price
May 6, 2023

Date

Active

CRMLS: CV23078051

$1,395,000

Price

Tax History for 4836 Saturn St

Assessed Value (2020): $578,004

Year	Land Value	Improved Value	Assessed Value
2020	$372,756	$205,248	$578,004

Home Value Compared to the Market

This property vs the competition

4836 Saturn St sold on October 26, 2023 for 8.4% 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 $326.09 per/sqft which puts the price per square foot 56.81% lower than the current median sale per square foot for the city of Los Angeles.

About 4836 Saturn St

Detailed summary of property

4836 Saturn St is a apartment that recently sold in Los Angeles, CA 90019. This apartment offered 8 bedrooms, -- bathrooms, roughly 3,956 living square feet, and sits on an approximately 6,875 square foot lot. 4836 Saturn St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,290,000. 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 8.4% higher than the current median priced home. Local homes that are currently for sale include 1432 S Cloverdale Ave, 1240 S Muirfield Rd and 2314 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 92 days, 4836 Saturn St has a days on market of 54 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 4836 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 4836 Saturn St

Public county record property details

Beds: 8
Baths: 6
Year built: --
Sq. Ft.: 3,956
Lot Size: 6,874
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 27
APN: 5067-009-047

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%)

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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.