We are pleased to present this six-unit apartment complex in the desirable Baldwin Hills area. It consists of all one-bedroom units, averaging over 1,000 square feet each. This 2-story structure was built in 1950 of wood-frame stucco construction. It is situated on an 8,011 square foot lot, which is zoned LAR3. The building also features 3 – 2 car garages off the alley as well as laundry hook-ups in each unit. The income is currently below market as it is producing $6,745 per month. Market rent for the building is closer to $13,320 per month. So, there is tremendous upside in the rent upon turnover and this is a great opportunity to own in an exclusive rental area. Please do not disturb tenants or walk on the property. All offers to be made subject to inspection.
Property Details
Price:
$1,200,000
MLS #:
25533013
Status:
Active
Baths:
0
Address:
4161 Marlton Avenue
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
May 1, 2025
State:
CA
ZIP:
90008
Lot Size:
8,011 sqft / 0.18 acres (approx)
Year Built:
1950
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Schools
Interior
Cooling
None
Flooring
Wood
Heating
Wall Furnace
Exterior
Parking Features
Garage – Two Door
Parking Spots
6.00
Stories Total
2
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address4161 Marlton Avenue Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
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4161 Marlton Avenue
Los Angeles, CA
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