4817 St Charles Pl Los Angeles, CA 90019
15-Unit Value-Add Multifamily
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 397
Property Features for 4817 St Charles Pl
General Information
- Property type
- Multifamily properties
- Square Feet
- 6,520 SF
Building Details
- Year Built
- 1950
- Buildings
- 3
- Stories
- 1
- Units
- 15
HighLights
- Rare low‑density, 15‑unit apartment building on a 14,378 sq ft lot in central Los Angeles.
- Potential for significant development upside via ED‑1 incentives, allowing for up to 87 units (buyer to verify).
- Prime Mid‑City location poised for rent growth, surrounded by affluent neighborhoods.
- Excellent walkability to shopping, dining, entertainment, and employment centers in Mid‑City, Miracle Mile, West Adams, and Koreatown.
- Generational opportunity: property has been under the same ownership for 45 years.
- Strong value‑add potential: 53% rental upside through renovations.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3416221824
- Latitude
- 34.045977272863