Date
Details
Price
Change
Source
10/28/2026
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,550,000
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Property Description
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.
Full Property Details
Full Property Details for 4803 Elmwood Ave
General
- Price: $1,550,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26104771
- Updated: 10/28/2026
- Added to Site: 7 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Community
Additional Information
- Other Features: None
Parking
- Garage Description: Carport
Location
- Area: Hancock Park-Wilshire
- County: Los Angeles
- Driving Directions: Between Beverly Blvd and Melrose Ave. West of Western Ave.
- Direction Faces: East
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Utilities
- Sewer: In Street
- Water: District
Structural Information
- # Buildings: 1
- Architectural Style: Traditional
- Stories/Levels: 2
- Square Feet: 6,848
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1955
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 8
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1645
- Lot Size: 7164
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $226.34
- Assessment Year: 1955
- Owner Pays: Water
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5522-020-012
Listed by Roque & Mark Company, Inc., David Schuchman
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Listing agent
— 4803 Elmwood Ave —
David Schuchman
Roque & Mark Company, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4803 Elmwood Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Van Ness Avenue Elementary School 501 North Van Ness Avenue, Los Angeles, CA 90004 | K-5 | 0.3 mi |
Joseph Le Conte Middle School 1316 N. Bronson Ave., Los Angeles, CA 90028 | 6-8 | 1.2 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4803 Elmwood Ave
Tax History
Tax History for 4803 Elmwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,804
—
$556,518
2%
2025
$7,804
4%
$545,607
4%
2023
$7,524
4%
$524,422
2%
2022
$7,220
2%
$514,140
2%
2021
$7,097
-1%
$504,060
1%
2020
$7,153
4%
$498,893
2%
2019
$6,910
2%
$489,112
2%
2018
$6,794
3%
$479,523
2%
2017
$6,622
3%
$470,122
2%
2016
$6,403
1%
$460,905
2%
2015
$6,322
-1%
$453,982
2%
2014
$6,396
—
$445,090
—
2013
$6,380
—
$443,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4803 Elmwood Ave
4803 Elmwood Ave, Los Angeles, CA 90004 (MLS# 26104771) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 4803 Elmwood Ave is currently listed for $1,550,000 and was received on October 28, 2026. Want to learn more about 4803 Elmwood Ave? Do you have questions about finding other Multi-Family real estate for sale in Hancock Park? You can browse all Hancock Park real estate or contact a Coldwell Banker agent to request more information.