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Closed
- Listed price
- $950,000
- Listed May 18, 2020 · $493/sq ft
- Sold price
- $925,000
- Sold Jul 24, 2020
2 beds|1 ba|1,928 sqft|7,000 sqft lot|1913 Built|16 MLS days on market
4523 ST ELMO Dr, Los Angeles, CA 90019
Property Description
ATTN INVESTORS AND DEVELOPERS: Large and Prime Mid-City LARD1.5 Development Lot. Was recently in escrow (Feb 2020) for almost $1 million, and NOW PRICED BELOW MARKET DUE TO COVID-19. (Subject to cancellation of previous escrow). MOTIVATED SELLER & VACANT. There are LADBS vetted plans (possibly approved - via last escrow) for new construction 4-plex development (16BR, 12BA). Could also be 2 duplexes on a lot. Could also be Small Lot Subdivision. SELLER IS PRIMARILY LOOKING AT CASH OFFERS ONLY OR NON-CONTINGENT, TO BUY AS-IS. The "X-Factor"? This property is a 100% FLAT SITE, yet perched on a hill with 180-degree CITY LIGHTS VIEWS of Hollywood Hills. MAKE OFFER NOW. There are at least 5 examples within a 2 mile radius of this property in last few years of "new construction 4 units" in this area built and already sold between $2.5 million - $3.2 million.
Listing agent: Rachel HsiehDRE #01913428jerryandrachelteam@gmail.com, Listing office: Keller Williams Realty Los Feliz
MLS data updated 11/4/2026, 3:15:59 AM PT
Source: CRMLSMLS #: 20580238
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$925,000
Jul 24, 2020
Available records22020
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90019 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.