4500 Saturn Street

    Los Angeles (City), CA 90019
    • $1,495,000
    • STATUS: Active Under Contract
    • ON SITE: 270 days
    • ID#: 18315854
    Under Contract
    UPDATED: 77 min ago
    $1,495,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,023
      SQFT
    • $298
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Spacious four-unit apartment building located in the heart of the Mid City, one of the hottest rental neighborhoods. The units are much larger than standard 2 bedrooms at over 1,250 sqft each and extremely attractive to renters. Retrofitting recently completed, updated electrical, and newer windows. Two units have been updated and include central AC/Heat and additional half bath. Ample secured on-site parking (open spaces + 4 garage spots) and recent install of electric gate to secure entire parking area. The property is individually metered for gas and electricity and each unit has washer/dryer hook ups. One unit is owner occupied and will be delivered vacant. An excellent investment opportunity, rent as is, add additional upgrades to rentals, convert to condos with current parking, or build new up to 45 ft with underground parking.

    Monthly Payment Calculator



    Based on information from CARETS as of 2018-12-11T21:49:02.243. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/81614968

    4500 Saturn Street Los Angeles (City), CA 90019

    • Price: $1,495,000
    • Status: Active Under Contract
    • Updated: 77 min ago
    • ID#: 18315854
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,023
    SQFT
    $298
    $/SQFT
    1924
    Built
    Neighborhood:
    Mid Los Angeles (C16)
    County:
    Los Angeles
    Area:
    Mid Los Angeles (C16)
    Property Description
    Spacious four-unit apartment building located in the heart of the Mid City, one of the hottest rental neighborhoods. The units are much larger than standard 2 bedrooms at over 1,250 sqft each and extremely attractive to renters. Retrofitting recently completed, updated electrical, and newer windows. Two units have been updated and include central AC/Heat and additional half bath. Ample secured on-site parking (open spaces + 4 garage spots) and recent install of electric gate to secure entire parking area. The property is individually metered for gas and electricity and each unit has washer/dryer hook ups. One unit is owner occupied and will be delivered vacant. An excellent investment opportunity, rent as is, add additional upgrades to rentals, convert to condos with current parking, or build new up to 45 ft with underground parking.
    Exterior Features

    Covered Spaces Total 4 Parking Features Auto Driveway GateCovered ParkingDriveway Parking Spaces Total 8 Parking Type Garage Is DetachedGarage - 4+ Doors

    Interior Features

    Appliances Gas Dryer HookupStackable W/D HookupWasher Cooking Appliances Range Cooling Type Wall Or Window Units Heating Type Central FurnaceForced Air Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.5 Unit Number Of Bath04 1.5 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Water Heaters YN Y

    Property Features

    Adjusted Gross Income 66776.00 Assessed Improvement Value 330283.00 Assessed Land Value 720623.00 Country United States Of America Expense Total Annual 14349.00 Gross Operating Income 63437.00 Gross Rent Multiplier 14.83 Hoa YN N Legal Disclosures Take Property As IsRent Control Lot Size Source Vendor Enhanced Net Operating Income 50427.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1700.00 Unit Monthly Rent02 1480.00 Unit Monthly Rent03 1351.00 Unit Monthly Rent04 1099.00 Unit Projected Total Monthly Rent01 25200.00 Unit Projected Total Monthly Rent02 25200.00 Unit Projected Total Monthly Rent03 25800.00 Unit Projected Total Monthly Rent04 25800.00 Unit Total Monthly Rent01 20400.00 Unit Total Monthly Rent02 17760.00 Unit Total Monthly Rent03 16212.00 Unit Total Monthly Rent04 13188.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Zoning Lard1.5

    Listing provided courtesy of Cristin Beavers DRE#01900789 of Purplebricks Realty Inc..


    Based on information from CARETS as of 2018-12-11T21:49:02.243. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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