4106 4112 Palmwood Drive, Los Angeles, CA 90008
-
Listed Price :
$4,000,000
-
Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1954
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.
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
4106 4112 Palmwood Drive |
City |
Los Angeles |
State |
CA |
Zip |
90008 |
County |
Los Angeles |
Listing Agent |
Josh Cohen DRE #01346713 |
Courtesy Of |
Keller Williams South Bay |
List Price |
$4,000,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Apartment |
Structure Size |
N/A |
Lot Size |
16,172 |
Year Built |
1954 |
Listing information courtesy of: Josh Cohen, Keller Williams South Bay. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.