Investor opportunity in the heart of Mid-City Los Angeles. This four-unit property offers approximately 3,838 square feet of living space on a 7,003 square foot LARD1.5 lot. Each unit features a 1-bedroom, 1-bathroom layout. Three of the units have been updated with mini split HVAC systems, granite countertops, tile or wood flooring, updated bathrooms, in-unit laundry, and tankless water heaters. One unit retains much of its original charm with vintage kitchen cabinetry, carpet and vinyl flooring, and a wall heater. The property is separately metered for gas and electricity. Tenants have access to driveway parking. The detached four-car garage is currently held by the owner and not leased, offering potential for future income or ADU conversion (buyer to verify). All units are currently tenant-occupied. Buyer to verify current rent roll and terms of tenancy. Subject to the Los Angeles Rent Stabilization Ordinance. Centrally located near transit, shops, and major employment hubs, this property presents immediate income with long-term upside. Buyer to conduct their own due diligence.
Property Details
Price:
$1,295,000
MLS #:
PW25161289
Status:
Active Under Contract
Baths:
0
Address:
4522 Saint Elmo Drive
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jul 16, 2025
State:
CA
ZIP:
90019
Lot Size:
7,003 sqft / 0.16 acres (approx)
Year Built:
1938
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Schools
Interior
Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater
Cooling
Ductless
Flooring
Carpet, Tile, Wood
Heating
Ductless, Wall Furnace
Laundry Features
Inside
Exterior
Community Features
Gutters, Sidewalks, Street Lights
Parking Features
Driveway, Driveway Level, Garage, Street
Parking Spots
8.00
Roof
Shingle
Financial
Map
Community
- Address4522 Saint Elmo Drive Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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4522 Saint Elmo Drive
Los Angeles, CA
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