4505 Santa Rosalia Dr, Los Angeles, CA 90008
See all 19 photos
4505 Santa Rosalia Dr, Los Angeles, CA 90008
4505 Santa Rosalia Dr, Los Angeles, CA 90008
4505 Santa Rosalia Dr, Los Angeles, CA 90008
4505 Santa Rosalia Dr, Los Angeles, CA 90008
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,450,000
Est. payment /mo
Save
New

4505 Santa Rosalia Dr Los Angeles, CA 90008

15 Beds

13 Baths

14,006 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,006 sqft

Price per Sqft $246

MLS Listing ID 26999055

Bedrooms 15

Year Built 1958

Lot Size 0.367 Acres

Property Sub-Type Multi-Family

Property Description

4505 Santa Rosalia Dr is a 13-unit+ADU multifamily property in Baldwin Village, offered at $3,450,000, or approx. $246,429 per unit. Built in 1958, the property totals approx. 14,006 SF on a 15,996 SF lot. At current rents, the property performs at a 6.57% CAP and 9.63 GRM. The property is arranged around a large central courtyard anchored by a swimming pool, mature landscaping, open-air walkways, and outdoor seating areas. The two-story building has the feel of a classic Southern California courtyard property, with controlled access, community laundry, 9 parking spaces, and separately metered electricity. The property is separately metered for gas and electricity. Select units feature spacious living areas, fireplaces, large windows, and direct views toward the courtyard and pool. Current annual scheduled gross income totals approx. $358,275, compared with projected income of $401,400, representing approx. 12% rental upside. At projected rents, the property is expected to perform at a 7.74% CAP and 8.59 GRM. Located in the heart of Baldwin Village, 4505 Santa Rosalia Dr sits close to neighborhood schools and recreation, including Hillcrest Drive Elementary, Stella Middle Charter Academy, Coliseum Street Elementary, and Jim Gilliam Recreation Center. The property is also a short drive from the West Jefferson corridor, where restaurants and neighborhood businesses including Highly Likely and Maydan Market have added to the area's growing mix of dining and retail. 4505 Santa Rosalia Dr brings together a 6.57% current CAP, additional income growth available in the rent roll, and the kind of courtyard-and-pool setting that gives the property a distinct residential feel. Its location in Baldwin Village, combined with 9 parking spaces, controlled access, and proximity to neighborhood schools, recreation, and the West Jefferson corridor, gives the property a well-rounded mix of current performance, practical amenities, and character.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Built-Ins, Refrigerator, Range/Oven

Laundry Community

Exterior

Parking Features Covered Parking

Garage Spaces 9.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass
Sandra Williams

Sandra Williams

Broker Associate

+1(626) 893-5170

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

4505 Santa Rosalia Dr