Homes for sale - 4106 4112 Palmwood DR, Los Angeles, CA 90008

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Yosef Adde

yosef@adde.la +1(310) 363-7362

$ 4,000,000

Est. payment | -/mo

0.37 Acres Lot

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$ 4,000,000

Est. payment | -/mo

Save

0.37 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24135620

HOA Y/N No

Year Built 1954

Lot Size 0.371 Acres

Property Description

4106 & 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage space! The property is surrounded by terrific amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR3

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Curbs

Total Parking Spaces 12

Private Pool No

Building

Lot Description Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5032009010

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Josh Cohen • Keller Williams South Bay • 310-480-2130

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 363-7362

yosef@adde.la

Serving the South Bay Los Angeles

4106 4112 Palmwood DR Los Angeles, CA 90008

Yosef Adde

Key Details

Location

Interior

Exterior

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4106 4112 Palmwood DR