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
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
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
Financial
Map
Community
- Address4106 Palmwood Drive Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
Similar Listings Nearby
- 204 N Manhattan Place
Los Angeles, CA$5,195,000
4.66 miles away
- 816 S Westlake Avenue
Los Angeles, CA$5,150,000
4.74 miles away
- 2060 S Hobart Boulevard
Los Angeles, CA$5,150,000
2.77 miles away
- 724 S Mariposa Avenue
Los Angeles, CA$5,000,000
4.07 miles away
- 1218 Arapahoe St
Los Angeles, CA$5,000,000
4.15 miles away
- 654 E 24th Street
Los Angeles, CA$5,000,000
4.81 miles away
- 7113 La Tijera Boulevard
Los Angeles, CA$5,000,000
3.31 miles away
- 3840 Inglewood Boulevard
Los Angeles, CA$4,900,000
4.84 miles away
- 2260 W 15th St
Los Angeles, CA$4,898,000
3.85 miles away
- 10883 Rose Avenue
Los Angeles, CA$4,800,000
4.32 miles away
Courtesy of Keller Williams South Bay. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4106 Palmwood Drive
Los Angeles, CA
LIGHTBOX-IMAGES