4514 St Elmo Drive, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath
4514 St Elmo Drive
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 4514 St Elmo Drive, Los Angeles, California 90019 is currently available with a list price of $3,649,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2024, making it brand new construction. The description highlights 'new construction' and 'totally turnkey' with 'gorgeous modern kitchens and bathrooms' and 'stainless steel appliances.' The images confirm a pristine, contemporary aesthetic throughout, featuring new wood-look flooring, recessed lighting, modern cabinetry, high-end quartz countertops with waterfall islands, and sleek black fixtures in both kitchens and bathrooms. All components are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Investment Potential
Boasts a high 6.12% CAP rate with 5 out of 6 units stabilized at phenomenal rents, coupled with the significant advantage of NO RENT CONTROL, maximizing investor returns.
- New Construction & Turnkey Condition
Built in 2024, this newer construction property is totally turnkey, featuring modern amenities, high ceilings, and contemporary finishes, minimizing immediate capital expenditures for the owner.
- Prime & Strategic Location
Situated in the ultra-trendy Mid-City market, offering excellent proximity to major employment hubs like Amazon Studios, HBO headquarters, and the Cumulus District, attracting high-quality professional tenants.
CONSRISKS & DEFICIENCIES
- High Initial Investment
The list price of $3,649,000 represents a substantial capital outlay, which may limit the pool of potential investors.
- Potential for Parking Constraints
While not explicitly detailed, a 6-unit property in a dense urban area like Mid-City Los Angeles often presents challenges with providing adequate dedicated parking for all residents, which can be a tenant consideration.
- Reliance on Specific Employment Hubs
The property's strong appeal is significantly tied to its proximity to major tech and entertainment companies; a shift in these industries or company presence could potentially impact future tenant demand.
About 4514 St Elmo Drive
4514 St. Elmo Dr is a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime Mid-City! 5 out of 6 units are stabilized at phenomenal rents, boasting a 6.12% CAP RATE!! This premium new construction property is comprised of two massive buildings (a whopping 8,100 square feet!) containing two expansive 4 bedroom, 3 bathroom tri-level units, two 3 bedroom, 3 bathroom tri-level units, and two large 2 bedroom, 2 bathroom units. In addition to its incredible design and curb appeal, 4514 St. Emlo Dr. boasts NO RENT CONTROL, high return, and separate meters for all utilities! This totally turnkey 6-unit features washers and dryers in all units, stainless steel appliances, high ceilings, massive balconies off the living rooms and bedrooms, ample windows letting in tons of natural light, gorgeous modern kitchens and bathrooms, and beautifully designed landscaping. Now is the time to place your money in high quality, tangible real estate as opposed to letting your money sit in the bank! This property is situated in the ultra-trendy Mid-City market, 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 2024
- Lot Size
- 7,006 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 8,100 | 2,708 | 89% |
| Lot Size | 7,006 | 6,167 | 79% |
| Price | $3.65M | $1.10M | 89% |
| Price per sq ft | $450 | $475 | 42% |
| Built year | 2024 | 1929 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 191 | 5% |
Pricing History
Listed for Sale
Jan 16, 2026
$3,649,000
Initial Listing