We are pleased to present 4043 Don Tomaso Drive, Los Angeles. Located in “The Dons” of Baldwin Hills, this large 6-unit building is comprised of (1) 3-Bedroom Unit, (3) 2-Bedroom Units, and (2) 1-Bedroom Units. The asset is operating at a 5.13% CAP Rate and 12.36 GRM with over 40% in upside rent potential achievable through tenant buyouts or organic turnover. The soft story retrofit has been completed along with copper repiping, and there are five carport spaces in the front with ADU potential. Less than 1 mile away is the 42-acre Baldwin Hills Crenshaw Plaza, which was recently acquired by Harridge Development Group with a $1 Billion redevelopment plan. Conveniently located near the MLK Station (K Line), along with the 405 and 10 freeways, the property is a short commute to the Westside, DTLA, and LAX. This is an ideal investment opportunity for value-add buyers seeking cash flow and appreciation growth in a location supported by strong demographics.
Property Details
Price:
$1,650,000
MLS #:
SB25079257
Status:
Active
Baths:
0
Address:
4043 Don Tomaso Drive
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Apr 14, 2025
State:
CA
ZIP:
90008
Lot Size:
8,465 sqft / 0.19 acres (approx)
Year Built:
1962
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Schools
Interior
Exterior
Community Features
Golf, Hiking, Sidewalks
Garage Spaces
0.00
Lot Features
Gentle Sloping, Park Nearby
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address4043 Don Tomaso Drive Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
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4043 Don Tomaso Drive
Los Angeles, CA
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