4817 St Charles Pl, Los Angeles, CA 90019 - View 1
4817 St Charles Pl, Los Angeles, CA 90019 - View 2
4817 St Charles Pl, Los Angeles, CA 90019 - View 3
4817 St Charles Pl, Los Angeles, CA 90019 - View 4

4817 St Charles Pl, Los Angeles, CA 90019

List Price: $2,100,000On Market FlagOn market
May 6, 20246,520 sqft6 beds15 baths
Listed by: Sean Rosenzweig
License #: 01406343
Phone #: 213-943-1897
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 24388423

Property Description

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. 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. 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 47% 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$31,365

TurboHome Estimated Value

$2,095,500

$321 sqft

High Valuation
$2,200,275
$337/sqft
Normal Valuation
$2,095,500
$321/sqft
Low Valuation
$1,990,725
$305/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$321/sqft$2,095,500

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