We are proud to present this 16-unit apartment in Baldwin Hills! This property offers a unique opportunity to acquire a cash flowing property with true rental upside. This property can be paired with a 12-unit apartment located a few blocks away as well. The offering features a total of 16 units. There are two 8-unit buildings side by side (no on-site manager required). The units consist of 13,664 total building square feet and sit on a 16,766 square foot lot. The unit mix comprises of eight 2-bedroom/1-bathroom units and eight 1-bedroom/1-bathroom units. The property has 12 total parking spaces consisting of 6 two car garages. Tenants also can enjoy on-site laundry facilities and a beautiful courtyard that separates the two buildings. To add to future upside for a new owner, 1 unit can be delivered vacant at close of escrow. Currently, 10 out of 16 units are on section 8 housing vouchers while the rest are market rate tenants. Sitting just south of MLK and east of Crenshaw Blvd, this area of Baldwin Hills is very desirable given how close it is to Leimert Park.
Property Details
Price:
$3,750,000
MLS #:
25484425
Status:
Active
Baths:
0
Address:
4132 Somerset Drive
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Jan 16, 2025
State:
CA
ZIP:
90008
Lot Size:
16,766 sqft / 0.38 acres (approx)
Year Built:
1950
See this Listing
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Schools
Interior
Cooling
None
Exterior
Parking Features
Garage
Parking Spots
12.00
Pool Features
None
Stories Total
2
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address4132 Somerset Drive Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
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Courtesy of BRC Advisors- BH. 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 2025. California Regional Multiple Listing Service. All rights reserved.
4132 Somerset Drive
Los Angeles, CA
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