4106 Palmwood Drive
Los Angeles, CA, 90008
$4,000,000
Beds
0 Baths
SqFt
0.37 Acres
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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.

Property Details

Price:
$4,000,000
MLS #:
SB24135620
Status:
Active
Baths:
0
Address:
4106 Palmwood Drive
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Jul 2, 2024
State:
CA
ZIP:
90008
Lot Size:
16,172 sqft / 0.37 acres (approx)
Year Built:
1954
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Curbs
Garage Spaces
12.00
Lot Features
Level with Street
Parking Spots
12.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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4106 Palmwood Drive
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