Address
4506 Esmeralda Street Los Angeles, CA
Price
$ 2,888,000
Property Attributes
  • MLS#PW21106634
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90032
  • Style
  • Year Built2021
  • Taxes$ 7264
  • Price$ 2,888,000
  • Bedrooms16
  • Full Bathrooms14
  • Half Bathrooms0
  • Lot Size7,500 SqFt
Listing Provided Courtesy Of:
Seth Hamilton with Citivest Realty Services, Inc.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

New construction, no rent control, large 3-4 bedroom units, high-yield, and a quickly appreciating neighborhood. What more could you ask of a multifamily asset? All units are generously sized three and four bedroom layouts with two garage spaces, private laundry rooms, and plenty of natural light. Units 4 and 5 at the rear of the property each have their own private yards. This new construction five unit property is located in Montecito Heights, just minutes from DTLA, Ascot Hills Park, Debs Park, Pasadena and walkable to many restaurants such as Bambino Stone Pizza. The property has been built with a high attention to detail by one of the most active contractors in the city, Truebuilt Construction, and comes fully warrantied. The new owner will enjoy a turn-key property coupled trouble-free returns as each unit is equipped with separate meters for water, gas and electricity all paid by tenants. The property is completed with drought tolerant landscaping, energy efficient building materials, appliances and fixtures presenting the buyer with a low maintenance, environmentally friendly property. This new construction property is sure to impress even the most discerning investors and tenants with such a rare opportunity to enjoy the best of LA lifestyle and property ownership. Please view the 3D walkthrough by the clicking the Virtual Tour Link.

Price History
5/18/2021 Listed $2,888,000

General Features

Community Features Park, Urban
Cooling Central Air, High Efficiency
Electric Standard
Energy Efficient Appliances, Construction, HVAC, Lighting, Roof, Water Heater
Garage Spaces 10
Garage Y/N Yes
Green Water Conservation Water-Smart Landscaping, Water Recycling
Heating Central, ENERGY STAR Qualified Equipment
Levels Three Or More
Listing Agent Seth Hamilton - BRE#01897619
Listing Agent State License 01897619
MLS Area 699 - Not Defined
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Submit
Total Actual Rent 17550
Total Units 5
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Virtual Tour https://my.matterport.com/show/?m=D3nms9PTE6A&brand=0
Water Sewer Expense 772
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features None
Heating Y/N Yes
Laundry Features Laundry Closet, Laundry Room

Exterior Features

Lot Features Drip Irrigation/Bubblers, Landscaped, Yard
Lot Size Acres 0.17
Lot Size Area 7500
Lot Size Source Assessor
Lot Size Square Feet 7500
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 6
Number of Separate Gas Meters 5
Number of Separate Water Meters 6
Parking Features Assigned
Total Parking 10
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90032

Price
AVG $1.07M
$2.89M
Taxes
AVG $7,264
$7,264
Visits
AVG 16
23
Year Built
AVG 1950
2021
Walkscore
AVG 68
52
Data Provided by Walkscore ® not using MLS data

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