5 months on rocket

4725 St Elmo Dr, Los Angeles, CA, 90019

$1,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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4725 St Elmo Dr, Los Angeles$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingConcrete, Driveway
Year Built1915
ViewNone
MLS #SR24140705
Lot Size0.15 Acres
StatusActive

About 4725 St Elmo Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Stories: 2

Listing Office:

  • Office Name: Sankofa Global Realty Group Inc.
  • Office Phone: (310) 614-9078
  • Listing Agent: Tiffany Davis

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Wood

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Exit 10 frwy on to La Brea N, turn RT on Washington Bl, turn LT on Rimpau Bl, turn RT on St Elmo Dr, the property will be on the LT

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000

Tax Information:

  • Annual Amount: $7,390
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

4725 St Elmo Dr vs Los Angeles

160 DAYS ON ROCKET

+122 Days

$1,050,000

+$28.4K More

KEY TAKEAWAY

This property is $28.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24140705

Listing Office:

  • Office Name: Sankofa Global Realty Group Inc.
  • Office Phone: (310) 614-9078
  • Listing Agent: Tiffany Davis

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 30, 2004Home Sold
$515,000
Aug 13, 2002Home Sold
$230,800

Tax History

YEARPROP. TAXASSESSMENT
2021$7,390$594,837
2020$7,174$588,739
2019$7,074$577,196
2018$6,925$565,879
2017$6,925$554,784

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4503224
5
/10

  • Alta Loma Elementary School

  • 1745 Vineyard Ave

  • 0.12 miles

  • Public District Grades KG-5

school-card-donut-4503225
6
/10

  • Queen Anne Place Elementary School

  • 1212 Queen Anne Pl

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-4503226
5
/10

  • Saturn Street Elementary

  • 5360 Saturn St

  • 0.89 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,500. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90019›4725 St Elmo Dr

This home is located at 4725 St Elmo Dr in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This home, which was built in 1915, sits on a 0.15 acre lot. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $1,050,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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