
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 a City Lights View. Located in the high-demand Mid-City submarket near major employers like Apple and Amazon, it offers significant rent growth potential and modern efficiency. 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 | $2,400,000* List Price | 0 | 0 | 5,263 | $497 | - |
A 1273 S Sycamore Avenue Sold | $2,115,000 | 0 | 0 | 4,033 | $524 | 0.6 mi |
B 4812 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 less than 10 years old and meets the criteria for excellent condition. The interiors feature modern kitchens with stainless steel appliances and stone countertops, contemporary bathrooms with updated tiling, and integrated systems including central HVAC and in-unit laundry.
Built in 2017, this property avoids the maintenance burdens of older Los Angeles stock and features modern amenities like HVAC, in-unit laundry, and separate utility metering for all units.
As a newer, non-rent controlled fourplex, the asset offers significantly higher rent growth potential and management flexibility compared to older properties subject to RSO restrictions.
Situated in a high-demand submarket near major employers like Apple, Amazon, and Sony, the property benefits from strong rental demand and proximity to Culver City and the Arts District.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5263, other record living area = 5301.
Because the building is already modern and features updated finishes, there is little opportunity for investors to force appreciation through immediate renovations or upgrades.
At a $2.4M price point, achieving strong positive cash flow may be challenging in a high-interest-rate environment without a substantial down payment, despite the property's quality.
Excellent opportunity to acquire a 2017-built, non-rent controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The asset is surrounded by new development, with a nearby comparable sale at $3,100,000 and $3,700,000, supporting long-term value and appreciation. The property features an attractive unit mix of two 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one 2-bedroom, 2-bath unit, with spacious layouts ranging from approximately 1,000 to 1,400 square feet, with the largest unit offering the most expansive living space., totaling 5,263 SF on a 7,000 SF lot, offering 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 At approximately $456/SF, the property is priced below current replacement cost, providing an attractive basis for investors without the risks and timelines associated with new development. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,263 | 2,878.5 | 90% |
| Lot Size | 7,003 | 6,098.5 | 75% |
| Price | $2.40M | $1.11M | 90% |
| Price per sq ft | $456 | $459 | 50% |
| Built year | 2017 | 1928 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 238 | 5% |
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