4812 Saturn Street, Los Angeles, CA 90019

About this single-family home

APN: 5067-009-052 & 053 included in the sale. 4816 Saturn is also listed at $625,000 and our list price is $1,250,000. Double lot that includes 14,000 SF of land. Remodel the existing unit into a 4-plex or building an entirely new project! The subject property consists of two neighboring single family homes which are located within the Mid City submarket of Los Angeles. The existing homes are older construction with month to month tenants and ownership is selling both properties “AS-IS”. The Mid City sub-market can be defined as North of the 10 FWY, East of Beverlywood or Pico/Robertson, South of Miracle Mile/Koreatown, and West of Pico/Union neighborhoods. The conceptual development scenario depicts 8 townhome style units which are 3 stories in height, have a direct attached garage, rooftop deck and a private driveway down the middle of the community. This development concept can potentially be subdivided [under the small lot ordinance or as condos] or kept as a multifamily rental property. Each parcel share the same zoning of RD1.5-1-0 (1 unit per 1,500 SF land with a 45’ height limit) and have a medium residential II general plan.

Listing description from the June 2016 sale, as reported to CRMLS.

Sale history

$565,000

Sold June 2016 · listed $625,000, on market May 2016 · MLS #SR16104069 · Source: CRMLS

Listing Agent: David Melaugh · Listing Office: Evanisko Realty & Investment · Contact: 818-985-9700 · Bought with: David Melaugh · Evanisko Realty & Investment

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