Active
4106 Palmwood DR
LOS ANGELES CA, 90008
$4,000,000
$283.53 per sqft
Active
1 Bed
1 Bath
14,108 sqft
Multi-family
Built in 1954
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.
SB24135620MR
MLSⓇ ID
July 2, 2024
Listed
August 23, 2024
Updated
Map
4106 Palmwood DR
LOS ANGELES CA, 90008
Interior Features
Total Stories
2
Bedrooms
1
Total Bathrooms
1
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.37 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Park Hills Heights
Days on Market
42
Garage
Yes
Garage Spaces
12
Parking Total
12
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Josh Cohen with Keller Williams South Bay
Listing Contact: 310-480-2130
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Aspire Los Angeles shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024
