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4725 St Elmo Drive

Los Angeles (City), CA 90019
  • $1,050,000
  • STATUS: Active
  • ON SITE: 254 Days
  • MLS #: SR24140705
UPDATED: 160 min ago
$1,050,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Listing Agent(s): Tiffany Davis of Sankofa Global Realty Group Inc. (818-851-5503)


Description

Attention investors!!! Price reduced and ready to submit for a short sale! Discover this exceptional fixer/investment opportunity! This duplex is centrally located, and promises both potential and flexibility. Ideal for investors, this property offers two spacious units, each with unique features and endless possibilities. The exterior is completely gated to offer peace of mind and privacy.The upper unit has been completely gutted and presents a blank canvas for renovation, allowing you to tailor the space to attract high-quality tenants. It includes 4 bedrooms, 1 full bathroom, 2 half bathrooms, and a bonus room. It is ready for a full rehab, allowing you to customize the space to meet market demands and maximize investment returns. The downstairs unit features 3 bedrooms and 2 bathrooms, offering ample living space and immediate rental potential.The property boasts a private upper deck, perfect for entertaining guests or creating a tranquil outdoor retreat, and a detached storage unit that provides additional space for storage, enhancing the property's utility and appeal. Situated in close proximity to shopping centers, restaurants, and major highways, this duplex offers unparalleled access to essential amenities and services. Being just minutes away from downtown, residents will enjoy the benefits of urban living without sacrificing the charm of a residential neighborhood.With spacious units and a desirable location This duplex is more than just a property; it's an opportunity to invest in a prime location with the great upside potential. The combination of a highly desirable location, spacious living units, and the flexibility to customize the property makes it an attractive option for seasoned investors and newcomers alike.Don't miss out on this unique chance to transform and capitalize on a property with incredible potential. Contact us today to schedule a viewing and explore the endless possibilities this duplex has to offer!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/152483853
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4725 St Elmo Drive Los Angeles (City), CA 90019

  • Price: $1,050,000
  • Status: Active
  • On Site: 254 Days
  • Updated: 160 min ago
  • MLS #: SR24140705
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1915
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Attention investors!!! Price reduced and ready to submit for a short sale! Discover this exceptional fixer/investment opportunity! This duplex is centrally located, and promises both potential and flexibility. Ideal for investors, this property offers two spacious units, each with unique features and endless possibilities. The exterior is completely gated to offer peace of mind and privacy.The upper unit has been completely gutted and presents a blank canvas for renovation, allowing you to tailor the space to attract high-quality tenants. It includes 4 bedrooms, 1 full bathroom, 2 half bathrooms, and a bonus room. It is ready for a full rehab, allowing you to customize the space to meet market demands and maximize investment returns. The downstairs unit features 3 bedrooms and 2 bathrooms, offering ample living space and immediate rental potential.The property boasts a private upper deck, perfect for entertaining guests or creating a tranquil outdoor retreat, and a detached storage unit that provides additional space for storage, enhancing the property's utility and appeal. Situated in close proximity to shopping centers, restaurants, and major highways, this duplex offers unparalleled access to essential amenities and services. Being just minutes away from downtown, residents will enjoy the benefits of urban living without sacrificing the charm of a residential neighborhood.With spacious units and a desirable location This duplex is more than just a property; it's an opportunity to invest in a prime location with the great upside potential. The combination of a highly desirable location, spacious living units, and the flexibility to customize the property makes it an attractive option for seasoned investors and newcomers alike.Don't miss out on this unique chance to transform and capitalize on a property with incredible potential. Contact us today to schedule a viewing and explore the endless possibilities this duplex has to offer!
Exterior Features

Architectural Style Traditional Entry Level 1 Entry Location Ground Fencing Wrought Iron Lot Features Front Yard Number Of Separate Electric Meters 0 Parking Features ConcreteDriveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 1 Common Wall Flooring VinylWood

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStreet LightsSidewalks Contingency SHORT SALE APPROVAL REQUIRED Electric Expense 3000 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 98400 Insurance Expense 1500 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupInsideUpper Level Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 8100 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Notice Of Default Trash Expense 0 Water Sewer Expense 3600 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Tiffany Davis of Sankofa Global Realty Group Inc. (818-851-5503)