4830 SATURN Street, Los Angeles, CA 90019
Property · 2 recorded sales since 2019
Sold November 2021
Listing Agent: Vinnie Park (DRE #02015848) · Listing Office: Coldwell Banker Realty · Contact: 323-464-9272 · Bought with: Grace Lee · Max Mega Group · MLS #21776364 · Source: CRMLS
About this property
Close to 5% Pro Forma CAP Rate 2021 built Non-Rent Controlled in prime Mid City.4830 Saturn is ready to be snatched by savvy investors perched only 10 minutes from Culver City and the countless local hotspots in the area. This neighborhood is rapidly becoming one of the hottest rental markets in Los Angeles, with several of the most highly anticipated mixed-use developments coming in a few minutes : the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Cumulus developments and much more. With the influx of entertainment, tech, and creative jobs coming to town, 4830 Saturn will attract high-quality professional tenants!The asset is comprised of two duplexes, with 3 units of 3 bedrooms and 1 unit of 4 bedrooms. All units are individually metered for water, power and gas which makes it extremely convenient in managing the asset. Each unit's thoughtful floor plan showcasing the massive living space and large bedrooms with matching bathroom counts checks all the boxes for Class A tenants and makes it always on the top of their list.In addition to its prime central location, the asset boasts countless other perks including a remarkable projected CAP rate close to 5%, NO RENT CONTROL, a 1-year builders warranty, minimal maintenance, a private yard area, in-unit laundry, upscale modern kitchens, stunning bathrooms, and spacious, open floorplans.
Listing description from the November 2021 sale, as reported to CRMLS.
Sale history
