4817 St Charles Pl Los Angeles, CA 90019
15-unit apartment community in desirable Mid-City location.
Type:Multifamily
Property size:
6,520 SFLot size:
0.33 Acres- Added:
- May 4, 2024
- Days on Market:
- 716
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 4817 St Charles Pl
General Information
- Standard status
- Active
- Size
- 6,520 SF
- Lot size
- 0.33 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1950
Listing agent Sean Rosenzweig License #CA 01406343
Listing office Marcus & Millichap - Los Angeles
Listing date May 4, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Overview
Mid-City Multifamily Investment Opportunity
Located at 4817-4845 St Charles Place, this 15-unit apartment community is situated just south of Venice Boulevard and east of La Brea Avenue. The property sits on three contiguous parcels totaling 14,378 square feet in a desirable pocket of Mid-City. The 6,520 square foot property is comprised entirely of studio units. Residents benefit from the property's close proximity to shopping, restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, and Koreatown. This location provides convenient access to employment centers, retail, and entertainment. The property includes on-site parking and laundry facilities. There is 47% remaining rental upside through unit renovations. This presents investors with an opportunity to acquire an asset with low-density construction in a sought-after submarket in Los Angeles. The continued gentrification of the surrounding area, value-add potential, and development possibilities make this an excellent acquisition opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3414
- Latitude
- 34.04605
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 15-unit apartment community in desirable Mid-City location.
Where is this apartment building located?
The property is located at 4817 St Charles Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 47% rental upside potential through unit renovations; Located in a desirable pocket of Mid‑City, Los Angeles; Rare low‑density construction in a highly sought‑after in‑fill submarket
