***Probate sale not subject to court confirmation.*** Mid-City 8-Unit Value-Add Opportunity with Immediate Upside! 4522 St. Charles Place is an 8-unit multifamily property featuring approximately 5,812 SF and situated on a 7,001 SF lot. Built in 1964, this property will be delivered with 2 VACANT UNITS - one 2-bedroom… Read More unit and one 1-bedroom unit— creating an immediate opportunity for an investor to renovate, reposition, and capture market rents. Additional highlights include copper plumbing, completed soft-story seismic retrofit work with Certificate of Compliance pending, and 8 parking spaces (1 tandem + 7 single spaces). Ideally situated near La Brea Avenue and Venice Boulevard, the property offers convenient access to Midtown Crossing and connectivity to West Adams, Culver City, Miracle Mile, Koreatown, Downtown Los Angeles, and the Westside. Expenses shown are estimated. Gross Rental Income shown assumes vacant units at market rent. Read Less
Property listed by Kidder Mathews of California, Everett Wong 310-259-7556
Listing Snapshot
Days Online
17
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1964
MLS Number
PW26196740
Additional Details
Building
Built in 1964, 1 building, 2 stories, Entry level: 1, Entry location: Front
Community
Urban
Expenses
Operating: $53,582
Garage
8 spaces
Income
Gross Income: $163,056, Gross ScheduledIncome: $163,056, Net Operating Income: $105,183
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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