4817 St Charles Place, Los Angeles, CA 90019 - Berkshire Hathaway HomeServices California Properties

4817 St Charles Place, Los Angeles, CA 90019

$2,340,000 Approx. USD 0 beds, 15 baths
6,520 sqft

Listing Agent


Sean Rosenzweig | thesrgroup@marcusmillichap.com
Lic#: 01406343
Broker: Courtesy of Marcus & Millichap

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24388423
Price: $2,340,000
Beds: 0
Baths: 15
Built in 1950
6,520 sqft
1 story
0.33 acres
Lot size: 0.3301
County: Los Angeles
Zoning: LARD1.5
Parking description: None
MLS area: C16 - Mid Los Angeles

Last Updated: 2/19/2025

 Days On Market (DOM): 394

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.046184, -118.341411.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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