We are pleased to offer for sale a 15-unit apartment community located at 4817-4845 St Charles Place. The subject property is located just south of Venice Boulevard and east of La Brea Avenue across three contiguous parcels totaling 14,378 square feet. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on an oversized 14,378 square foot parcel, the property is comprised entirely of studio units. The property has 53% remaining rental upside through unit renovations along with on-site parking and on-site laundry facilities. 4817-4845 St Charles Place presents investors a unique opportunity to acquire an asset with rare low-density construction in a highly sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential and development possibilities, make 4817-4845 St Charles Place an excellent acquisition opportunity.
Property Details
Property Features
Property Information:
Year Built: 1950
Stories: 1
Living Area: 6,520 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Sean Rosenzweig
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.33 Acres
Other
Directions Information:
Directions: South of Venice Boulevard & West of Rimpau Boulevard
Price Information
Listing Price Info
Price Summary:
List Price: $2,340,000
Price Per SqFt: $359/SqFt
Tax Information:
Annual Amount: $1,660
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.3M more than the Median Sold Price and $281/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24388423
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Sean Rosenzweig
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: 12/22/2024, 8:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,660
$69,135
2020
$1,644
$67,635
2019
$1,532
$66,310
2018
$1,470
$65,011
2017
$1,470
$63,737
History based on county public records data.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Alta Loma Elementary School
1745 Vineyard Ave
Distance between this listing and this school0.27 miles
Public District Grades KG-5
6
/10
Queen Anne Place Elementary School
1212 Queen Anne Pl
Distance between this listing and this school0.72 miles
Public District Grades KG-5
6
/10
Wilshire Crest Elementary
5241 W Olympic Blvd
Distance between this listing and this school0.80 miles
Public District Grades KG-5
Nearby Schools
3
/10
Johnnie Cochran Jr. Middle School
4066 W Johnnie Cochran Vis
Distance between this listing and this school0.87 miles
Public District Grades 6-8
6
/10
New los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school1.03 miles
Public Charter Grades 6-8
6
/10
John Burroughs Middle School
600 S McCadden Pl
Distance between this listing and this school1.27 miles
Public District Grades 6-8
Nearby Schools
9
/10
Girls Academic Leadership Academy Dr. Michelle King School STEM
1067 West Blvd
Distance between this listing and this school0.85 miles
Public District Grades 6-12
3
/10
Los Angeles High School
4650 W Olympic Blvd
Distance between this listing and this school0.86 miles
Public District Grades 9-12
7
/10
Math and Science College Preparatory
3202 W Adams Blvd
Distance between this listing and this school1.60 miles
The neighbors living near this home have an average income of $24,580. The most common annual income of people living in Los Angeles, CA is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4817 St Charles Pl
What is the listing price of this property?
The listing price of 4817 St Charles Pl property is $2,340,000.
What type of property is this?
The property 4817 St Charles Pl is a house located in Los Angeles, California, 90019.
Is this property for sale now?
Active Listing: 4817 St Charles Pl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,660 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 4817 St Charles Pl has 15 bathrooms..
What is the square footage of this property?
The property 4817 St Charles Pl is 6,520 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4817 St Charles Pl is 1950.
This home is located at 4817 St Charles Pl in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This 6,520 square foot home, which was built in 1950, sits on a 0.33 acre lot. Features: 15 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $2,340,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.