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    4848 Elmwood Ave

    Los Angeles, CA 90004
    • $1,495,000
    • STATUS: Active Under Contract
    • ON SITE: 38 days
    • MLS #: 21-748514
    Under Contract
    UPDATED: 16 min ago
    $1,495,000
    • 9
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,996
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Located adjacent to Hancock Park and Koreatown, this Mid 50s classic style 6 unit building offers carport for 6 cars with storage, and an onsite laundry room. Great unit mix with 3 one bedroom and 3 two bedroom units offers a tremendous future upside in rents. Close proximity to DTLA, Hollywood, Larchmont Village, Paramount Studios, Raleigh Studios, great shops, restaurants and entertainment. Elmwood and the surrounding streets is currently experiencing a surge in development of similar lots. Tenants are unaware of the sale. Do not walk on the property or speak with tenants.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T20:43:06.25. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/118211990
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    4848 Elmwood Ave Los Angeles, CA 90004

    • Price: $1,495,000
    • Status: Active Under Contract
    • Updated: 16 min ago
    • MLS #: 21-748514
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,996
    SQFT
    $299
    $/SQFT
    1956
    Built
    Neighborhood:
    Hancock Park-Wilshire
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshire
    Property Description
    Located adjacent to Hancock Park and Koreatown, this Mid 50s classic style 6 unit building offers carport for 6 cars with storage, and an onsite laundry room. Great unit mix with 3 one bedroom and 3 two bedroom units offers a tremendous future upside in rents. Close proximity to DTLA, Hollywood, Larchmont Village, Paramount Studios, Raleigh Studios, great shops, restaurants and entertainment. Elmwood and the surrounding streets is currently experiencing a surge in development of similar lots. Tenants are unaware of the sale. Do not walk on the property or speak with tenants.
    Exterior Features

    Lot Size Area 7256 Other Structures None Parking Garage Carport DetachedBuilt-In Storage Style Mid-Century Total Parking 6 View Description None View YN No

    Interior Features

    Baths Total 6.00 Cooling Wall/Window Equipment Garbage Disposal Heating Wall

    Property Features

    Assessed Total Value 164714 Electric Expense 300.00 Gardener Expense 80.00 Gross Income 6228 Gross Operating Income 6228 Insurance Expense 333.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 3610.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Title Company Source Lot Size Area Assessor Total Annual Expense 2618 Trash Expense 100.00 Type Of Units Mixed Water Expense 300.00 Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Stephen Hampar DRE#01357849 of Hampar Properties.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T20:43:06.25. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270