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
15 Beds
13 Baths
14,006 SqFt
$ 3,450,000
Est. payment | /mo
15 Beds
13 Baths
14,006 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 14,006 sqft
Price per Sqft $246
MLS Listing ID 26999055
Bedrooms 15
HOA Y/N No
Year Built 1958
Lot Size 0.367 Acres
Property Description
4505 Santa Rosalia Dr is a 13-unit + vacant 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 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, a vacant ADU, 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, close to neighborhood schools, recreation, and the West Jefferson corridor, adds to a property with both strong current performance and a physical setting that stands apart.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Fireplace No
Appliance Refrigerator
Laundry Common Area
Exterior
Parking Features Covered
Total Parking Spaces 9
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5030012006
Special Listing Condition Standard
Listed by Max Berger Compass #02054048
NEARBY SCHOOLS & PROPERTIES
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”
4170 Wabash Ave, Diego, California 92104, United States