
Los Angeles, California 90019
This 2017-built fourplex represents a High-Potential Investment Opportunity, listed at a List Price of $2,400,000, which aligns with its $2,400,000 Fair Market Value. As a non-rent-controlled asset in the high-demand Mid-City submarket, it offers significant stability and rental upside. Featuring a Mint Condition Rating, modern amenities like in-unit laundry, and separate utility metering, the property is designed for efficiency. With its panoramic city views and proximity to major employment hubs, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4812 Saturn Street Subject | $2,400,000* List Price | 0 | 0 | 5,263 | $456 | - |
A 4816 Saturn Street Active | $2,400,000 List Price | 0 | 0 | 5,263 | $456 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is under 10 years old and remains in mint condition. The interiors feature modern kitchens with stainless steel appliances and white shaker cabinetry, contemporary flooring, and recessed lighting throughout. Systems are up-to-date with central HVAC and separate utility metering, requiring no maintenance.
Built in 2017, this property is exempt from the Los Angeles Rent Stabilization Ordinance (RSO), allowing for market-rate rents and significantly lower maintenance costs compared to older housing stock.
The property is situated in a high-demand rental submarket near major tech and media hubs like Apple, Amazon, and Sony, ensuring consistent tenant demand and long-term appreciation.
Featuring large layouts up to four bedrooms with modern essentials like in-unit laundry, HVAC, and separate metering, the property attracts high-quality tenants and offers flexibility for owner-occupants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5263, other record living area = 5301.
At a $2.4 million list price, the property requires significant capital, which may result in tighter initial cap rates for investors compared to value-add opportunities in less developed areas.
The surrounding area is experiencing a surge in new developments, which could lead to increased competition for tenants and potential pressure on rental growth as more inventory becomes available.
Excellent opportunity to acquire a 2017-built, non-rent-controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The property is surrounded by ongoing new development. Nearby comparable sales have traded at approximately $3,100,000 and $3,700,000, providing additional context for the property's long-term value potential. The property features an attractive unit mix consisting of two 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one 2-bedroom, 2-bath unit. Spacious layouts range from approximately 1,000 to 1,400 square feet, with the 4-bedroom unit offering the largest living space. The property totals approximately 5,263 square feet on a 7,000-square-foot lot, providing scale and strong rental appeal. Each unit features: -In-unit washer/dryer -Stainless steel appliances -HVAC -Open floor plans with large bedrooms -Separate utility metering Ideally located in the heart of Mid-City, the property offers convenient access to some of Los Angeles’ most sought-after destinations, including the Arts District, Helms Bakery District, Cumulus (home to Whole Foods), Culver City Steps, and Ivy Station. The area is surrounded by major employment hubs, with companies such as Apple, Amazon Studios, Sony Pictures, HBO, and Beats Electronics contributing to continued growth and strong rental demand. Residents also enjoy excellent walkability to nearby coffee shops, grocery stores including Target and Sprouts, gyms, retail, entertainment, and a wide variety of restaurants. This central location provides seamless connectivity to nearby neighborhoods including Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, the Westside, and Downtown Los Angeles. Mid-City continues to be one of LA’s most active and desirable rental markets, driven by its proximity to high-paying job centers, ongoing development, and overall accessibility. The property also presents a unique opportunity for owner-occupants, with the ability to live in one unit while generating income from the others. Financing options may include FHA (low down payment) and conventional residential loans, further expanding the potential buyer pool. With private on-site parking, separately metered utilities, and newer construction, this property offers both convenience and long-term value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 5,263 | 2,187.451 |
| Lot Size | 7,003 | 5,841.385 |
| Price | $2.40M | $841.5K |
| Price per sq ft | $456 | $385 |
| Built year | 2017 | 1928 |
| HOA | $0 | $0 |
| Days on market | 6 | 85 |
Sep 3, 2026
$2,400,000
Initial Listing
Jun 30, 2017
$1,750,000
Public Record
Jun 20, 2016
$575,000
Public Record