4015 Palmwood Drive, Los Angeles, CA 90008

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Dec

Fri

Dec

Sat

Dec

Glen Henderson

[email protected] +1(619) 889-7646

$2,199,000

Est. payment - /mo

5 Beds

8,103 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25266100

Bedrooms 5

Lot Size 8,103 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash

Property Type Res Income 2-4 Units

Property Description

I'm pleased to offer this prime 10 unit investment opportunity with strong growth potential in desirable Baldwin Village. Tremendous upside awaits as two units will be delivered vacant at COE. The owner currently lives in one unit and is the manager. He is leaving at the close of escrow. A professional owner/investor can start this investment off on the right foot from the close of escrow and turn it into a cash cow. There is upside rental potential as well which supports CAP rate closer to 9%. Located in Baldwin Village with close proximity to the nations first Costco-anchored mixed use development. The area is seeing lots of transformative redevelopment including the $700M Baldwin Hills Crenshaw Plaza. These projects are anticipated to bring in lots of jobs and revitalize the surrounding area. This asset features an attractive unit mix. Some units have been updated recently. The exterior of the property was painted recently. Gated parking. Units are separately metered for gas and electric. Tenants are not aware property is being sold. Please don't walk onto the property.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From MLK Blvd, go south on Buckingham Road, then right on Palmwood Drive

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5032008023

Acceptable Financing Cash

Listing Terms Cash

Read Less Info

Listed by Andrew Loeffler Re/Max Premier Prop SanMarino

Get More Information

Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

4015 Palmwood Drive Los Angeles, CA 90008

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information