
Los Angeles, California 90019
This Modern Non-Rent Controlled Fourplex represents a Strong Value Opportunity, listed at $2,400,000—positioned well below the $2,616,025 Fair Market Value by 8%. This valuation gap provides $216,025 in Instant Equity. Built in 2017, the asset holds an Excellent Condition Rating and features panoramic city views with high-end finishes. Located in the high-demand Mid-City submarket near major tech hubs like Apple and Amazon, it offers significant rental growth potential. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4816 Saturn Street Subject 0 bd · 0 ba · 5,263 sqft · $399 | $2,114,000* List Price | 0 | 0 | 5,263 | $399 | - |
A 4812 Saturn Street Active 0 bd · 0 ba · 5,263 sqft · $394 · 0.0 mi | $2,074,000 List Price | 0 | 0 | 5,263 | $394 | 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 in mint condition. It features modern kitchens with stainless steel appliances, contemporary bathrooms, central HVAC, and updated flooring, 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 submarket near major tech and media hubs like Culver City and the Arts District, ensuring strong long-term appreciation and low vacancy rates.
Featuring large layouts up to 4 bedrooms with in-unit laundry and separate utility metering, the asset appeals to high-quality tenants and offers excellent flexibility for owner-occupants using FHA financing.
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 price point, the property requires a significant down payment and strong financing, which may be a barrier for smaller-scale investors in the current interest rate environment.
The surrounding area is seeing a high volume of new development, which could lead to increased competition for premium tenants and potential pressure on rental growth in the immediate vicinity.
**NEW PRICE — $2,114,000!** Excellent opportunity to acquire a 2017-built, non-rent-controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The property offers newer construction, strong in-place rental income, separately metered utilities, and a spacious unit mix, providing an attractive investment opportunity at an improved price point. 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 floor plans range from approximately 1,000 to 1,400 square feet, totaling approximately 5,263 SF on a 7,000 SF lot. Each unit features: - In-unit washer/dryer - Stainless steel appliances - HVAC - Open floor plans with large bedrooms - Separate utility metering At approximately **$402/SF**, the improved price provides investors with an attractive acquisition basis while offering the benefits of an existing income-producing asset without the risks and timelines associated with new development. The property is surrounded by ongoing development and is positioned near notable comparable sales, supporting the area's continued investment and rental demand. Ideally located in Mid-City, the property offers convenient access to major employment centers, retail, dining, entertainment, and some of Los Angeles' most sought-after destinations, including the Arts District, Helms Bakery District, Cumulus, Culver City, Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, the Westside, and Downtown Los Angeles. Nearby employers and institutions include Apple, Amazon Studios, Sony Pictures, HBO, and Beats Electronics. Residents also enjoy convenient access to grocery stores, gyms, coffee shops, restaurants, retail, and entertainment. The central location provides excellent connectivity throughout Los Angeles and contributes to strong rental appeal. The property also presents an opportunity for owner-occupants, with the potential to live in one unit while generating rental income from the remaining units. Financing options may include FHA and conventional residential financing, subject to buyer and lender qualifications. With private on-site parking, separately metered utilities, newer construction, and strong rental appeal, this fourplex offers an attractive opportunity for investors and owner-occupants alike. **NEW PRICE: $2,114,000**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 5,263 | 2,090.331 |
| Lot Size | 7,003 | 5,852.908 |
| Price | $2.11M | $830.9K |
| Price per sq ft | $402 | $394 |
| Built year | 2017 | 1928 |
| HOA | $0 | $0 |
| Days on market | 201 | 87 |
Nov 3, 2026
$2,114,000
$2,250,000
-6% Price Drop
Initial Listing
Oct 2, 2026
$2,250,000
$2,400,000
-6% Price Drop
Initial Listing
Apr 22, 2026
$2,400,000
Initial Listing
Jun 30, 2017
$1,750,000
Public Record
Jun 20, 2016
$575,000
Public Record
Jan 24, 2008
$125,000
Public Record