4505 Santa Rosalia Drive Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90008
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 14,006 sqft
Price per Sqft $182
MLS Listing ID CL25562373
Year Built 1958
Lot Size 0.367 Acres
Property Sub-Type Other
Property Description
The Camellia House Apartments is a 13-unit apartment building plus one (1) non-conforming unit located at 4505 Santa Rosalia Drive in the prime Baldwin Village neighborhood of Los Angeles. Built in 1958, the property sits on a 15,991 square foot LAR3-zoned lot and features a unit mix of (11) one-bedroom/one-bath units, (2) two-bedroom/two-bath units, and (1) non-conforming one-bedroom/one-bath unit. The building spans 14,066 square feet with oversized floor plans averaging approximately 1,000 square feet well above submarket averages. A beautifully re-surfaced pool and patio area anchor the lush courtyard, creating a desirable and peaceful environment for residents.Camellia House offers investors a strong value-add and income opportunity, with four (4) vacant units plus one (1) vacant non-conforming unit ready for lease-up. The property has undergone just under $120,000 in recent capital improvements in the past 60 days, including the full interior renovation of three (3) units, extensive landscaping work, a full resurfacing with epoxy flooring for five stairwells, the main entry & courtyard, and more. The building includes gated parking for 10 vehicles(7) tuck-under and (3) garage spots along with a shared laundry room generating additional income. The main electric panel has be
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Central Air
Laundry Common Area
Building
New Construction No