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4506 Esmeralda Street, Los Angeles, CA 90032

Property · 2 recorded sales since 2018

4506 Esmeralda Street, Los Angeles, CA 90032 Sold September 2021 CRMLS
$2,850,000Sold September 2021

Listing Agent: Seth Hamilton (DRE #01897619) · Listing Office: Citivest Realty Services, Inc · Contact: 714-553-2001 · Bought with: Vick Mansourian · Executive Property Realty · MLS #PW21106634 · Source: CRMLS

7,500 sqft
Lot Size
2021
Year Built
Property
Type
10
Garage
CentralAir, HighEfficiency
Cooling
Central, EnergyStarQualifiedEquipment
Heating
$7,264/yr
Taxes

About this property

New construction, no rent control, large 3-4 bedroom units, high-yield, and a quickly appreciating neighborhood. What more could you ask of a multifamily asset? All units are generously sized three and four bedroom layouts with two garage spaces, private laundry rooms, and plenty of natural light. Units 4 and 5 at the rear of the property each have their own private yards. This new construction five unit property is located in Montecito Heights, just minutes from DTLA, Ascot Hills Park, Debs Park, Pasadena and walkable to many restaurants such as Bambino Stone Pizza. The property has been built with a high attention to detail by one of the most active contractors in the city, Truebuilt Construction, and comes fully warrantied. The new owner will enjoy a turn-key property coupled trouble-free returns as each unit is equipped with separate meters for water, gas and electricity all paid by tenants. The property is completed with drought tolerant landscaping, energy efficient building materials, appliances and fixtures presenting the buyer with a low maintenance, environmentally friendly property. This new construction property is sure to impress even the most discerning investors and tenants with such a rare opportunity to enjoy the best of LA lifestyle and property ownership. Please view the 3D walkthrough by the clicking the Virtual Tour Link.

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$2,850,000
Sold September 2021 · listed $2,888,000, on market May 2021 · MLS #PW21106634 · Source: CRMLS
Listing Agent: Seth Hamilton · Listing Office: Citivest Realty Services, Inc · Contact: 714-553-2001 · Bought with: Vick Mansourian · Executive Property Realty
$560,000
Sold February 2018 · listed $570,000, on market December 2017 · MLS #CV18001153 · Source: CRMLS
Listing Agent: LYNETTE DOMINGO · Listing Office: LYNETTE DOMINGO, BROKER · Contact: 626-722-0299 · Bought with: Seth Hamilton · Citivest Realty Services, Inc
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