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12 Beds
8 Baths
6,848 sqft

$1,550,000

4803 Elmwood Avenue, Los Angeles CA, 90004

Price per sqft$226.34
Built in1955
Property size6,848 sqft
Property typeResidential
Listed by David Schuchman CA DRE# 01472937 with Roque & Mark Company, Inc. 310-828-7525

Overview

Active

Listed Oct 28, 2026

Updated 2 days ago

Roque & Mark Co. is please to present this metrics-driven value-add opportunity in a highly central, supply-constrained 90004 location! Perfectly positioned right where the historic charm of Larchmont Village meets the booming economic and rental density of Koreatown, this stable 8-unit building is an investor's dream, boasting an incredible 5.4% CAP rate and a conservative 9.9 GRM on current rents. The soft-story seismic retrofit has already been completed, eliminating immediate CapEx exposure for the next owner. The property features an optimal, highly marketable unit mix consisting of (4) 2 beds + 1 bath units and (4) 1 bed + 1 bath units. Investors can systematically modernize unit interiors upon natural turnover to capture rental upside in a neighborhood commanding elite market premiums. In a dense submarket where parking is fiercely competitive, the building offers a distinct tenant advantage with 7 dedicated carport spaces. Boasting a spectacular 80 Walk Score and 80 Transit Score, residents enjoy seamless access to local boutique shopping, premier dining corridors, and quick commutes into DTLA, Hollywood, and the Miracle Mile employment hubs. The property is subject to Los Angeles rent control.

$10,312/mo

Est. mortgage payment based on a $1,550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26104771

Interior Features

Bedrooms
12
Bathrooms
8
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by David Schuchman CA DRE# 01472937 with Roque & Mark Company, Inc. 310-828-7525

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/29/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/29/2026 at 3:11 AM UTC Last Checked: 3:11 AM UTC

 

 

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