Residential Income — 4522 St Charles Place, Los Angeles, CA
$1,400,000
4522 St Charles Place, Los Angeles, CA
About this property
***Probate sale not subject to court confirmation.*** Mid-City 8-Unit Value-Add Opportunity with Immediate Upside! 4522 St. Charles Place is an 8-unit multifamily property featuring approximately 5,812 SF and situated on a 7,001 SF lot. Built in 1964, this property will be delivered with 3 VACANT UNITS - two 2-bedroom units and one 1-bedroom unit— creating an immediate opportunity for an investor to renovate, reposition, and capture market rents. Additional highlights include copper plumbing, completed soft-story seismic retrofit work with Certificate of Compliance pending, and 8 parking spaces (1 tandem + 7 single spaces). Ideally situated near La Brea Avenue and Venice Boulevard, the property offers convenient access to Midtown Crossing and connectivity to West Adams, Culver City, Miracle Mile, Koreatown, Downtown Los Angeles, and the Westside. Expenses shown are estimated. Gross Rental Income shown assumes vacant units at market rent.
Property details
Location
4522 St Charles Place • Los Angeles, CA 90019
Listed by
Everett Wong · Kidder Mathews of California
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