BANK APPROVED SHORT SALE! Investor opportunity in the heart of Mid-City Los Angeles. This four-unit property offers approximately 3,838 square feet of living space on a 7,003 square foot LARD1.5 lot. Each unit features a 1-bedroom, 1-bathroom layout. Three of the units have been updated with mini split HVAC systems, granite countertops, tile or wood flooring, updated bathrooms, in-unit laundry, and tankless water heaters. One unit retains much of its original charm with vintage kitchen cabinetry, carpet and vinyl flooring, and a wall heater. The property is separately metered for gas and electricity. Tenants have access to driveway parking. The detached four-car garage is currently held by the owner and not leased, offering potential for future income or ADU conversion (buyer to verify). All units are currently tenant-occupied. Buyer to verify current rent roll and terms of tenancy. Subject to the Los Angeles Rent Stabilization Ordinance. Centrally located near transit, shops, and major employment hubs, this property presents immediate income with long-term upside. Buyer to conduct their own due diligence.
Sold for $1,105,000
Listed by: Century 21 Masters • Melinda Elmer • Contact: 800-463-0977
Bought with: Century 21 Allstars
$1,105,000
4522 Saint Elmo Dr, Los Angeles, CA 90019
4beds
4baths
3,838sqft
Quadruplex
Built in 1938
-- sqft lot
$1,519,100 Zestimate®
$288/sqft
$3,420 Estimated rent
Home value
$1,519,100
$1.34M - $1.72M
$3,420/mo
Zestimate® history
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List your homeWhat's special
Detached four-car garageTile or wood flooringUpdated bathroomsGranite countertopsIn-unit laundryVintage kitchen cabinetryTankless water heaters
Zillow last checked:
Listing updated:
Listed by:
Melinda Elmer DRE #01399946 562-316-2915,
Century 21 Masters,
Listing Team: The Elmer Team
Bought with:
Danny Navarro, DRE #01938421
Century 21 Allstars
Source: CRMLS,MLS#: PW25161289
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Rooms
- Room types: Kitchen, Laundry, Living Room, Office
Other
- Features: Dressing Area
Heating
- Ductless, Wall Furnace
Cooling
- Ductless
Appliances
- Included: Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater
- Laundry: Inside
Features
- Built-in Features, Balcony, Granite Counters, Dressing Area
- Flooring: Carpet, Tile, Wood
- Has fireplace: Yes
- Fireplace features: Decorative
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,838
- Total interior livable area: 3,838 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway Level, Driveway, Garage, On Street
- Garage spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
- Spa features: None
- Fencing: Stucco Wall
- Has view: Yes
- View description: Courtyard, Neighborhood
Lot
- Size: 7,003 Square Feet
- Features: Back Yard, Front Yard, Garden
Details
- Parcel number: 5071021029
- Zoning: LARD1.5
- Special conditions: Notice Of Default,Short Sale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Gutter(s), Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $1,751,192
- Annual tax amount: $21,438
- Date on market: 8/1/2025
- Cumulative days on market: 55 days
- Listing terms: Cash,Cash to New Loan,Subject To Other
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Sold | $1,105,000-33%$288/sqft |
Source:  CRMLS #PW25161289 Report a problem | ||
| 5/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/17/2023 | Price change | $2,200-18.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/1/2023 | Listed for rent | $2,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/18/2023 | Listed for rent | $2,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2022 | Sold | $1,650,000+3.1%$430/sqft |
Source: Public Record Report a problem | ||
| 4/27/2022 | Listed for sale | $1,600,000+59.6%$417/sqft |
Source: CRMLS #PW22086117 Report a problem | ||
| 12/13/2017 | Sold | $1,002,500+7.2%$261/sqft |
Source:  CLAW #17285078 Report a problem | ||
| 11/13/2017 | Pending sale | $935,500$244/sqft |
Source: Silicon Beach #17285078 Report a problem | ||
| 11/1/2017 | Listed for sale | $935,500-10.9%$244/sqft |
Source: Keller Williams Silicon Beach #17285078 Report a problem | ||
| 9/17/2016 | Listing removed | $1,050,000$274/sqft |
Source: Keller Williams - Marina/LA #16110346 Report a problem | ||
| 8/2/2016 | Price change | $1,050,000-4.5%$274/sqft |
Source: Keller Williams Marina Del Rey #16110346 Report a problem | ||
| 4/13/2016 | Price change | $1,100,000-6.4%$287/sqft |
Source: Keller Williams Rlty-Marina/LA #16110346 Report a problem | ||
| 3/30/2016 | Listed for sale | $1,175,000+402.1%$306/sqft |
Source: Keller Williams Rlty-Marina/LA #16110346 Report a problem | ||
| 8/23/2000 | Sold | $234,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,438 +1.1% | $1,751,192 +2% |
| 2024 | $21,208 +1.9% | $1,716,860 +2% |
| 2023 | $20,802 +4.5% | $1,683,200 +56.6% |
| 2022 | $19,900 +53.5% | $1,075,080 +2% |
| 2021 | $12,966 -1% | $1,054,005 +1% |
| 2020 | $13,094 | $1,043,200 +2% |
| 2019 | $13,094 +5.2% | $1,022,750 +2% |
| 2018 | $12,446 | $1,002,700 +230.1% |
| 2017 | $12,446 +211.4% | $303,797 +2% |
| 2016 | $3,997 +3.4% | $297,841 +1.5% |
| 2015 | $3,865 +0.4% | $293,368 +2% |
| 2014 | $3,851 | $287,622 +2.5% |
| 2012 | -- | $280,710 +2% |
| 2011 | -- | $275,207 +0.8% |
| 2010 | -- | $273,151 -0.2% |
| 2009 | -- | $273,801 +2% |
| 2008 | -- | $268,434 +2% |
| 2007 | -- | $263,172 +2% |
| 2006 | -- | $258,013 |
| 2005 | -- | $258,013 +4% |
| 2004 | -- | $247,997 +1.9% |
| 2003 | -- | $243,453 +2% |
| 2002 | -- | $238,680 +12.9% |
| 2000 | -- | $211,446 |
Find assessor info on the county website
Neighborhood: Mid City
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Nearby schools
GreatSchools rating
- 6/10Alta Loma Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Los Angeles Senior High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,519,100
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Estimated market value
$1,519,100
- California
- Los Angeles County
- Los Angeles
- 90019
- Mid City
- 4522 Saint Elmo Dr
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