CA > Los Angeles
Los Angeles, CA 90008,4505 Santa Rosalia Dr
Los Angeles, CA 90008,4505 Santa Rosalia Dr
Los Angeles, CA 90008,4505 Santa Rosalia Dr
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$2,550,000
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15 Beds
16 Baths
14,006 SqFt
New

4505 Santa Rosalia Dr Los Angeles, CA 90008

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Derek Johnson

Derek Johnson

+1(310) 424-8883

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,006 sqft

Price per Sqft $182

MLS Listing ID 25562373

Bedrooms 15

Year Built 1958

Lot Size 0.367 Acres

Acres 0.3672

Property Sub-Type Multi-Family

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 been updated, and utilities are separately metered for gas and electricity. Notably, five of the units are currently occupied by Section 8 or VASH tenants, making this a fantastic Section 8 investment opportunity. One-bedroom units at the property are currently achieving as much as $2,230/month, with current voucher limits for the 90008 zip code at $2,172 for 1BRs and $2,748 for 2BRs. The required soft-story retrofit work has not yet been completed. Offered at an extremely attractive basis of just $182 per square foot and 8.33 GRM, Camellia House presents a rare opportunity to acquire scale, cash flow, and upside in one of South LA's most dynamic and evolving neighborhoods.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s), Central

Equipment None

Laundry Community

Exterior

Parking Features Garage, Covered Parking

Garage Spaces 10.0

Pool In Ground, Heated And Filtered

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Derek Johnson

Agent | License ID: 02051308

+1(310) 424-8883

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4505 Santa Rosalia Dr