8-Unit Apartment Building with
New
For Sale
$1,550,000
4803 Elmwood Ave, Los Angeles, CA 90004
A seismic retrofit is complete, and the building includes a mix of one- and two-bedroom residences.
Property Size6,848 SF
Price / SF$226.34
Days on Market5
Property Features for 4803 Elmwood Ave
General Information
Standard status
Active
Size
6,848 SF
Total Parking Spaces
7
Property subtype
MULTI_FAMILY
Financials
Cap Rate
5.4%
Gross Rent Multiplier
9.9
Site & Location
Neighborhood
Larchmont
Units
Unit Mix
4 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units
8
Additional Details
Tenant in Place
Yes
Building Details
Building Size
6,848 SF
Year Built
1955
Buildings
1
Listing Agency:
Roque & Mark Company, Inc.
Listed By:
David Schuchman · License #01472937
Source:
Benbelack
Added: Oct 28
Changed: Oct 31
Last Checked: Oct 31 at 3:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Roque & Mark Company, Inc.
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Investment Insights
Based on property information with market context.
This 8-unit apartment building was constructed in 1955 and contains 6,848 square feet. Its unit mix comprises four one-bedroom, one-bathroom apartments and four two-bedroom, one-bathroom apartments. Seven carport parking spaces serve the property, and a soft-story seismic retrofit has been completed.
The property is in Los Angeles, California, ZIP code 90004. It is subject to Los Angeles rent control. Reported operating metrics include a 5.4% cap rate and a 9.9 GRM based on current rents.
The property is in Los Angeles, California, ZIP code 90004. It is subject to Los Angeles rent control. Reported operating metrics include a 5.4% cap rate and a 9.9 GRM based on current rents.
Key Highlights
- 8 apartments: four 1‑bedroom, 1‑bath units and four 2‑bedroom, 1‑bath units
- 6,848 square feet; built in 1955
- Soft‑story seismic retrofit completed
Property Analytics
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
3,095
Businesses Nearby
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Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A seismic retrofit is complete, and the building includes a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 4803 Elmwood Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 8 apartments: four 1‑bedroom, 1‑bath units and four 2‑bedroom, 1‑bath units; 6,848 square feet; built in 1955; Soft‑story seismic retrofit completed
