Property listed by Lyon Stahl Investment Real Estate, Inc., Jake Glaser 310-425-9838
$2,800,000
4810 Mascot St is a newly 2024 constructed 4-plex located in the highly desirable Mid-City neighborhood of Los Angeles. The property is comprised of two separate duplex structures and is offered as a rare new construction opportunity exempt from both RSO and statewide rent control. The property encompasses approximately 5,000+… Read More square feet of living space and features a strong unit mix of (2) 3BR/3BA and (2) 4BR/4BA townhome-style units averaging over 1,250 SF each. Current rents present meaningful upside to market, offering a compelling value-add opportunity for an investor seeking to grow income in a tight rental market. As a newly constructed asset, the property requires no near-term capital expenditure and delivers a turnkey ownership experience. Each unit is outfitted with in-unit washer and dryer, custom wood cabinetry, floating vanities, stainless steel GE appliances, and quartz countertops, providing a high-quality product that commands strong tenant demand and supports premium rental rates. The property is exceptionally efficient from an expense standpoint, featuring 28 solar panels that significantly reduce the tenants energy costs, with all utilities paid directly by tenants. There are a total of 11 available parking spaces, including (3) tandem garage stalls, and (2) tandem uncovered stalls and one more uncovered space. The combination of low overhead, no rent control exposure, and owner-quality finishes positions this asset as an ideal acquisition for a long-term investor. Ideally situated in the vibrant Mid-City submarket, 4810 Mascot St benefits from strong and consistent rental demand driven by its proximity to Culver City, Beverly Hills, and the greater Westside, as well as convenient access to major employment centers, retail, dining, and the Metro E Line connecting tenants throughout Los Angeles. Read Less
Listing Snapshot
Days Online
4
Last Updated
Beds
14
Square Ft.
5,034
Lot Size
0.13 Acres
Year Built
2024
MLS Number
26844501
Additional Details
Building
Built in 2024, Living area: 5034.0, 2 buildings, 2 stories, Levels: Two
Cooling
None
Heating
None
Income
Gross Income: $191,472, Net Operating Income: $144,372
Lot
0.1286 acres
Parking
11 total parking spaces, Garage, Tandem, Uncovered
Taxes
Parcel Number: 5067012022, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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