4803 Elmwood Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
4803 Elmwood Avenue,Los Angeles, CA 90004
$1,550,000
  • 12 Beds
  • 8 Baths
  • 6,848 sq. ft.
  • Multi-family
  • Active
Listed by: david schuchman
Office: roque & mark company, inc.310-828-7525
MLS#:26104771
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$226.34

About this home

Roque & Mark Co. is please to present this metrics-driven value-add opportunity in a highly central, supply-constrained 90004 location! Perfectly positioned right where the historic charm of Larchmont Village meets the booming economic and rental density of Koreatown, this stable 8-unit building is an investor's dream, boasting an incredible 5.4% CAP rate and a conservative 9.9 GRM on current rents. The soft-story seismic retrofit has already been completed, eliminating immediate CapEx exposure for the next owner. The property features an optimal, highly marketable unit mix consisting of (4) 2 beds + 1 bath units and (4) 1 bed + 1 bath units. Investors can systematically modernize unit interiors upon natural turnover to capture rental upside in a neighborhood commanding elite market premiums. In a dense submarket where parking is fiercely competitive, the building offers a distinct tenant advantage with 7 dedicated carport spaces. Boasting a spectacular 80 Walk Score and 80 Transit...

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Home facts

  • Year built:1955
  • Listing ID #:26104771
  • Added:14 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Kitchen Description:Dishwasher, Disposal, Microwave
  • Living area:6,848 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1955
  • Building area:6,848 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Traditional
  • Levels:1 Story

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$226.34

Features and amenities

  • Appliances:Dishwasher, Disposal

Parking

  • Total parking spaces:7
  • Parking description:7 Carport Space(s), Carport
  • Carport spaces:7
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