4816 Saturn Street,Los Angeles, CA 90019
Los Angeles, CA 90019
Description
Excellent opportunity to acquire a 2017-built, non-rent controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The asset is surrounded by new development, with a nearby comparable sale at $3,100,000 and $3,700,000, supporting long-term value and appreciation. The property features an attractive unit mix of two 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one 2-bedroom, 2-bath unit, with spacious layouts ranging from approximately 1,000 to 1,400 square feet, with the largest unit offering the most expansive living space., totaling 5,263 SF on a 7,000 SF lot, offering scale and strong rental appeal. Each unit features: -In-unit washer/dryer -Stainless steel appliances -HVAC -Open floor plans with large bedrooms -Separate utility metering At approximately $456/SF, the property is priced below current replacement cost, providing an attractive basis for investors without the risks and timelines associated with new development. Ideally located in the heart of Mid-City, the property offers convenient access to some of Los Angeles’ most sought-after destinations, including the Arts District, Helms Bakery District, Cumulus (home to Whole Foods), Culver City Steps, and Ivy Station. The area is surrounded by major employment hubs, with companies such as Apple, Amazon Studios, Sony Pictures, HBO, and Beats Electronics contributing to continued growth and strong rental demand. Residents also enjoy excellent walkability to nearby coffee shops, grocery stores including Target and Sprouts, gyms, retail, entertainment, and a wide variety of restaurants. This central location provides seamless connectivity to nearby neighborhoods including Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, the Westside, and Downtown Los Angeles. Mid-City continues to be one of LA’s most active and desirable rental markets, driven by its proximity to high-paying job centers, ongoing development, and overall accessibility. The property also presents a unique opportunity for owner-occupants, with the ability to live in one unit while generating income from the others. Financing options may include FHA (low down payment) and conventional residential loans, further expanding the potential buyer pool. With private on-site parking, separately metered utilities, and newer construction, this property offers both convenience and long-term value.
Details
| MLS # | PW26087675 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2017 |
| Days On Site | 121 |
| Listing Provided By | Circle Real Estate | Azucena Carrillo |
Features
| SQ Feet | 5,263 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | LARD1.5 |
| Acreage | 0.16 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Open Floorplan, All Bedrooms Down, Bedroom On Main Level, Primary Suite |
| Appliances | Dishwasher, Gas Range, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | No |
Exterior
| Security Features | Security Gate, Gated Community |
|---|---|
| Construction Materials | Asphalt, Drywall, Stucco |
| Foundation Details | Slab |
| Lot Features | Two To Five Units Acre, Near Public Transit |
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Electric | Standard |
| Sewer | Unknown |
Location
| Community Features | Street Lights, Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $2,400,000 low | high Med: $1,089,021 sqft: 5,263 low | high Med: 2,433 $ / sqft: $456 low | high Med: $448 On site: 121 low | high Med: 2405 | |
Market Activity 90019
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $2,400,000 low | high Med: $1,089,021 sqft: 5,263 low | high Med: 2,433 $ / sqft: $456 low | high Med: $448 On site: 121 low | high Med: 2405 | |
 | $2,400,0004812 Saturn StreetLos Angeles, CA 90019 |