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    4511 Saturn Street

    Los Angeles (City), CA 90019
    • $2,450,000
    • STATUS: Coming Soon
    • ON SITE: 12 days
    • ON MARKET: 11/19/2020
    • ID#: BB20243261
    Coming Soon
    UPDATED: 39 min ago
    $2,450,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,810
      SQFT
    • $509
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    4511 Saturn is a non-rent controlled 2020 fourplex in prime Mid-City, only 10 minutes from Culver City and the countless local hotspots in the area, including the trendy Helms Bakery District! This neighborhood is rapidly becoming the hottest rental market in Los Angeles, with several of the most highly anticipated mixed-use developments coming in a few minutes from this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus development (Whole Foods). With the influx of entertainment, tech and creative jobs coming to town, 4511 Saturn will attract high quality professional tenants!In addition to its prime central location, 4511 Saturn boasts countless other perks including: a remarkable projected cap rate of 5.47%, NO RENT CONTROL, a 1 year builder+GGs warranty, minimal maintenance, separate meters for gas, water & electric, balconies off bedrooms with sliding doors bringing ample light in, a back patio/yard area, laundry hookups in each unit, stainless steel kitchen appliances, high quality finishes, upscale modern kitchens, stunning bathrooms and spacious, open floorplans.4511 Saturn is made up of one 4 bed, 4 bath unit, one 3 bed, 3 bath unit with a rear yard, one townhome style 3 bed, 3 bath unit, and one townhome style 3 bed, 2 bath unit. We project conservative rents of $3,400 to $4,200 for the varying floorplans.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-02T00:28:14.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

    www.twissrealty.com/homes/112054345
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    4511 Saturn Street Los Angeles (City), CA 90019

    • Price: $2,450,000
    • Status: Coming Soon
    • Updated: 39 min ago
    • ID#: BB20243261
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,810
    SQFT
    $509
    $/SQFT
    2020
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    4511 Saturn is a non-rent controlled 2020 fourplex in prime Mid-City, only 10 minutes from Culver City and the countless local hotspots in the area, including the trendy Helms Bakery District! This neighborhood is rapidly becoming the hottest rental market in Los Angeles, with several of the most highly anticipated mixed-use developments coming in a few minutes from this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus development (Whole Foods). With the influx of entertainment, tech and creative jobs coming to town, 4511 Saturn will attract high quality professional tenants!In addition to its prime central location, 4511 Saturn boasts countless other perks including: a remarkable projected cap rate of 5.47%, NO RENT CONTROL, a 1 year builder+GGs warranty, minimal maintenance, separate meters for gas, water & electric, balconies off bedrooms with sliding doors bringing ample light in, a back patio/yard area, laundry hookups in each unit, stainless steel kitchen appliances, high quality finishes, upscale modern kitchens, stunning bathrooms and spacious, open floorplans.4511 Saturn is made up of one 4 bed, 4 bath unit, one 3 bed, 3 bath unit with a rear yard, one townhome style 3 bed, 3 bath unit, and one townhome style 3 bed, 2 bath unit. We project conservative rents of $3,400 to $4,200 for the varying floorplans.
    Exterior Features

    Architectural Style Modern Entry Location 1 Fence YN Yes Fencing New Condition Garage Spaces 3.00 Lot Features LandscapedLevel With StreetLevelSprinklers Drip System Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No Uncovered Spaces 5.00 View Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherDisposalGas RangeMicrowaveRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1203 Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Flooring LaminateTile Heating Central Heating YN Yes Interior Features BalconyOpen FloorplanRecessed Lighting Laundry Features Gas Dryer HookupInsideWasher Hookup Levels Two Room Type KitchenLiving RoomMaster BathroomMaster Bedroom

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.47 Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 300.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 14650.00 Gross Multiplier 13.94 Gross Operating Income 168768.00 Gross Scheduled Income 175800.00 Insurance Expense 1924.00 Laundry YN Yes Maintenance Expense 1600.00 Net Operating Income 134042.00 New Construction YN Yes New Taxes Expense 29402.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 5 Number Of Units Leased 0 Number With Dishwasher 4 Number With Disposal 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 34726.00 Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Taxes Percent 1.20 Total Expenses 34726.00 Trash Expense 0.00 Vacancy Allowance 7032 Water Sewer Expense 300.00 Water Source Public Year Built Source Builder Zoning Lard1.5

    Listing provided courtesy of Elizabeth Maddox of The 2-4 Unit Specialists and Ian Maddox of The 2-4 Unit Specialists


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-02T00:28:14.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

     
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