$2,845,000
$2,849,800
0.2%For more information regarding the value of a property, please contact us for a free consultation.
7,000 Sqft Lot
SOLD DATE : 11/29/2021
Key Details
Sold Price $2,845,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21776364
Sold Date 11/29/21
HOA Y/N No
Year Built 2021
Lot Size 7,000 Sqft
Property Description
Close to 5% Pro Forma CAP Rate 2021 built Non-Rent Controlled in prime Mid City.4830 Saturn is ready to be snatched by savvy investors perched only 10 minutes from Culver City and the countless local hotspots in the area. This neighborhood is rapidly becoming one of the hottest rental markets in Los Angeles, with several of the most highly anticipated mixed-use developments coming in a few minutes : the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Cumulus developments and much more. With the influx of entertainment, tech, and creative jobs coming to town, 4830 Saturn will attract high-quality professional tenants!The asset is comprised of two duplexes, with 3 units of 3 bedrooms and 1 unit of 4 bedrooms. All units are individually metered for water, power and gas which makes it extremely convenient in managing the asset. Each unit's thoughtful floor plan showcasing the massive living space and large bedrooms with matching bathroom counts checks all the boxes for Class A tenants and makes it always on the top of their list.In addition to its prime central location, the asset boasts countless other perks including a remarkable projected CAP rate close to 5%, NO RENT CONTROL, a 1-year builders warranty, minimal maintenance, a private yard area, in-unit laundry, upscale modern kitchens, stunning bathrooms, and spacious, open floorplans.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal
Laundry Inside
Exterior
Parking Features Direct Access, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
View Y/N No
View None
Total Parking Spaces 7
Private Pool No
Building
Story 2
Architectural Style Contemporary
New Construction No
Others
Senior Community No
Tax ID 5067009049
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Grace Lee • Max Mega Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "