4512 St. Elmo Dr, a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime Mid-City! Fully stabilized at phenomenal rents, boasting a REAL 5.83% CAP RATE!! This premium new construction property is comprised of two massive buildings (a whopping 8,100 square feet!) containing two expansive 4 bedroom, 3 bathroom tri-level units, two 3 bedroom, 3 bathroom trilevel units, and two large 2 bedroom, 2 bathroom units. In addition to its incredible design and curb appeal, 4512 St. Emlo Dr. boasts NO RENT CONTROL, high return, and separate meters for all utilities!
This totally turnkey 6-unit features washers and dryers in all units, stainless steel appliances, high ceilings, massive balconies off the living rooms and
bedrooms, ample windows letting in tons of natural light, gorgeous modern kitchens and bathrooms, and beautifully designed landscaping.
Now is the time to place your money in hiqh quality, tangible real estate as opposed to letting your money sit in the bank! This property is situated in the ultra-trendy Mid-City market, 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants!
Listed by Cheyenne Womack
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License #02064825
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Myunits.com Inc.
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805-973-7470
Listed by Lauren Cearley
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License #02146823
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Myunits.com Inc.
Last updated November 24, 2025
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Source: CRMLS #BB25181202
Listing Facts
TypeMulti-family
NeighborhoodMid City
Days on Prevu119
Taxes$47,376/year
Amenities
Dishwasher
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
11/21/2025
Price Decreased
$3,850,000
10/28/2025
Status changed to Active
$3,950,000
10/21/2025
Status changed to Removed from Feed
$3,950,000
10/18/2025
Status changed to Active
$3,950,000
10/16/2025
Status changed to Removed from Feed
$3,950,000
10/05/2025
Status changed to Active
$3,950,000
10/03/2025
Status changed to Removed from Feed
$3,950,000
09/21/2025
Status changed to Active
$3,950,000
09/19/2025
Status changed to Removed from Feed
$3,950,000
09/18/2025
Status changed to Active
$3,950,000
09/17/2025
Status changed to Removed from Feed
$3,950,000
09/12/2025
Status changed to Active
$3,950,000
09/09/2025
Status changed to Removed from Feed
$3,950,000
09/08/2025
Status changed to Active
$3,950,000
09/06/2025
Status changed to Removed from Feed
$3,950,000
09/05/2025
Status changed to Active
$3,950,000
09/04/2025
Status changed to Removed from Feed
$3,950,000
08/13/2025
Listed by Myunits.com Inc.
$3,950,000
Property Details for 4512 St Elmo Drive
Association
Amenities
Community Features: Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 6
Property Condition: Turnkey
Stories Total: 3
Window Features: Double Pane Windows
Year Built: 2024
Architectural Style: Modern
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Ground Level
Exterior Features: Lighting
Features
Road Frontage Type: City Street
View: City Lights, Neighborhood
Measurements
Building Area Total: 8,100
Building Area Units: Square Feet
Lot Features: Landscaped
Lot Size Acres: 0.16
Lot Size Area: 7,006
Lot Size Source: Public Records
Lot Size Square Feet: 7,006
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.65
Gross Income: $287,760.00
Operating Expense: $54,637.00
Taxes
Parcel Number: 5071021031
Tax Annual Amount: $47,376.00
Interior
Features
Appliances: Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Interior Features: Open Floorplan, Recessed Lighting, Instant Hot Water
Other
Location
Tax Lot: 12
Parking
Parking
Garage Spaces: 1
Garage: Yes
Open Parking Spaces: 4
Parking Features: Garage, Uncovered
Parking Total: 5
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Electric: Standard
Heating: Central
Has Heating: Yes
Laundry Features: Washer Hookup, Electric Dryer Hookup
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 4512 St Elmo Drive.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 4512 St Elmo Drive.
What are the annual taxes for 4512 St Elmo Drive?
Annual taxes for this multi-family home are estimated at $47,376.
How does 4512 St Elmo Drive compare to other multi-family homes in Mid City?
This multi-family home is listed 84% above the average price for multi-family homes in Mid City and has been on the market for 48 less days than the typical home in this area.
4512 St Elmo Drive is a -bedroom multi-family home for sale in Los Angeles CA 90019. On Prevu for 119 days at $3,850,000. This includes a recent price decrease of $100,000. This residence is located in Mid City. The median listing price for multi-family homes in this area is $1,599,950. The home offers dishwasher, air conditioning, parking, and washer/dryer. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.