4810 Mascot St, Los Angeles, CA 90019

New Construction Fourplex in Mid-City | Non-RSO, Solar-Powered & Large Townhome-Style Units

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$2,800,000

Property Highlights

New construction fourplex located in Mid-City
Property is not subject to RSO or statewide rent control
Strong mix of (2) 3BR/3BA units & (2) 4BR/4BA units
Large townhome style units average over 1,250 SF each
Layout consists of two separate duplex structures
Each unit has two dedicated parking spaces
Very low overhead expense property with 28 solar panels and tenants paying for all utilities
Each unit is equipped with an in-unit washer and dryer, custom wood cabinetry, floating vanities, stainless steel GE appliances, and quartz countertops
Meaningful upside left in the rents for an investor

The Opportunity

The Glaser Group is pleased to present 4810 Mascot St, a newly 2024 constructed fourplex 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, providing an investor with maximum operational flexibility and long-term upside.

The property encompasses approximately 5,000+ 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.