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    4840 Mascot St Los Angeles, CA 90019

    Sponsored
    For Sale
    $1,099,000

    Four-unit apartment building, high ROI.

    Property size:
    2,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Los Angeles investment property, located at 4840 Mascot St, 90019, presents a compelling opportunity for savvy investors. The property consists of four individual structures situated on a 0.161-acre lot, zoned LARD1.5. Three charming bungalows, each functioning as a three-bedroom home, and a fourth structure featuring a single basement unit and a separate four-car garage comprise the complex. The total square footage is 2,600, with four parking spaces available. Currently, all four units are occupied, and tenants are responsible for all utilities, ensuring consistent cash flow. The asking price is $1,099,000, reflecting a price per square foot of $422.69 and a strong 4.17% cap rate, generating a net operating income (NOI) of $47,923. The property's layout offers significant upside potential, including the possibility of adding an accessory dwelling unit (ADU). This turnkey investment boasts a solid tenant base and presents a rare chance to acquire a well-maintained multifamily property in a desirable Los Angeles location. The property's APN is 5067-012-013. This is a fantastic opportunity to capitalize on the strong Los Angeles rental market.

    Property Features for 4840 Mascot St

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,600 SF
    Lot Size
    7,013 SF

    Building Details

    Buildings
    4
    Stories
    1
    Units
    4

    HighLights

    • Exceptional Los Angeles investment property at 4840 Mascot St, 90019.
    • Four structures on a 0.161‑acre lot, zoned LARD1.5.
    • Three 3‑bedroom bungalows and one unit with a 4‑car garage; 2,600 total sq ft.
    • Four parking spaces, all units occupied, tenants pay utilities.
    • Asking price: $1,099,000; $422.69/sq ft; 4.17% cap rate; $47,923 NOI.
    • Significant upside potential, including ADU possibility. APN: 5067‑012‑013.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3449551
    Latitude
    34.0406809

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, high ROI.
    Where is this multifamily property located?
    The property is located at 4840 Mascot St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: Exceptional Los Angeles investment property at 4840 Mascot St, 90019.; Four structures on a 0.161-acre lot, zoned LARD1.5.; Three 3-bedroom bungalows and one unit with a 4-car garage; 2,600 total sq ft.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4840 Mascot St Los Angeles, CA 90019
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