4835 Elmwood Avenue 4835 Los Angeles, CA ^$ 4,100,000

4835 Elmwood Avenue 4835

^$ 4,100,000

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4835 Elmwood Avenue 4835

Los Angeles, CA, 90004

^$ 4,100,000

Bedrooms17 Baths17.0 Sq 6,870

Monthly Estimate*

^$ 28,640

Listed by New Star Realty

4835 Elmwood Avenue 4835, Los Angeles, CA 90004 - Image 1

4835 Elmwood Avenue 4835, Los Angeles, CA 90004 - Image 2

4835 Elmwood Avenue 4835, Los Angeles, CA 90004 - Image 3

4835 Elmwood Avenue 4835, Los Angeles, CA 90004 - Image 4

4835 Elmwood Avenue 4835, Los Angeles, CA 90004 - Image 5

4835 Elmwood Avenue 4835, Los Angeles, CA 90004 - Image 6

Multi-Family Home for sale in Los Angeles, CA

for $4,100,000 with 17 bedrooms and 17 full baths. This 6,870 square foot home was built in 1993 on a lot size of 0.1664.

Location, Location! Bring All Reasonable Offers!! This updated and sharp looking contemporary 9-unit multifamily asset building surpasses all adjacent properties in the highly sought-after area it sits, just minutes from east of Larchmont Village and Hancock Park/Hollywood strip. Big bonus: built in 1993, this property is NOT subject to rent control. Rent fees are extremely under market for this area and product type. With all unit upgrades, a new owner could enjoy a significant increase in income as well as the ability to sell off the units one by one as condominiums since each has its own APN. 4835 Elmwood is a controlled access building with parking and laundry on-site. Each spacious unit boasts hardwood floors, stainless steel appliances, granite counter tops, and a private balcony. Each unit in this apartment comes with 2 assigned parking spaces. This property is marked with smart looks and many conveniences.

Multi-Family Active

Price

^$ 4,100,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1664

Year Built

1993

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23330687

Days on Market

172

Features

General

Sewer Other

Heating Central

Cooling CentralAir

Appliances Dishwasher GasCooktop Disposal GasOven GasRange Microwave Refrigerator Dryer

Zoning R3

Garage Spaces 18.0

Pool Features None

Security Features CarbonMonoxideDetectors FireDetectionSystem GatedCommunity SmokeDetectors

Year Built 1993

Tenant Pays Electricity Gas

Stories 2

Levels Two

Unit Number 4835

Gross Income 271620.0

Community Features Gated

County Los Angeles

Net Operating Income 189390.0

Insurance Expense 4800.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction East

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions North of Beverly Blvd East of Wilton

City Los Angeles

View Y/N Y

Senior Community Y/N N

Total Units 9

MLS Area C18 - Hancock Park-Wilshire

Lot Size Square Feet 7248.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Elmwood

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 11400.0

Home Warranty Y/N N

Property Condition UpdatedRemodeled

Water Sewer Expense 4680.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 99

Standard Status Active

Year Built Source Assessor

Taxes 51250.0

Cap Rate 4.62

Interior

Flooring Wood

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Blinds DoublePaneWindows

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features InGarage

Total Bedrooms 17

Electric On Property Y/N N

Total Baths 17

Exterior

Parking Features ElectricGate

Total Parking 18.0

Lot Size Area 7248.0

Foundation Details Slab

Number of Buildings 1

Spa N

Building Area Total 6870.0

Lot Size Acres 0.1664

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4835

* Excluded Features

List By

New Star Realty

Broker

(213) 761-8949

Phone

Affordability Calculator

$28,640

Per Month

Monthly Principal & Interest: $28,640
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,074

Percent of Sale Price 51%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/11/2023	$4,100,000		Listed Price

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4835 Elmwood Avenue 4835, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $4,100,000 with 6,870 sqft and a lot size of 0.1664. 4835 Elmwood Avenue 4835 has 17 bedrooms, 17.0 baths, and was built in 1993. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. 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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4835 Elmwood Avenue 4835

Multi-Family Home for sale in Los Angeles, CA

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