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

October 2, 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 10/2/2024

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