4106 Palmwood Drive, Los Angeles, CA 90008

  • $4,000,000
  • $284
4106 Palmwood Drive, Los Angeles, CA 90008
  • Residential Income
  • Property Type
  • 12.00
  • Garages
  • 1954
  • Year Built
For Sale
4106 Palmwood Drive, Los Angeles, CA 90008
  • $4,000,000
  • $284

Overview

Property ID: SGR-33297488
  • Residential Income
  • Property Type
  • 12.00
  • Garages
  • 1954
  • Year Built

Description

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.

  • Address 4106 Palmwood Drive
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90008
  • Area 699 - Not Defined
  • Country United States

Details

Updated on July 15, 2024 at 11:03 am
  • Property ID: SGR-33297488
  • Price: $4,000,000
  • Land Area: 16172.00 m²
  • Garages: 12.00
  • Year Built: 1954
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 14108.00
  • MLS#: SB24135620
  • Office Name: KELLER WILLIAMS BEACH CITIES
  • Agent Name: Josh Cohen
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01346713
  • IDX Contact Info: 310-480-2130

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 12.00
  • Water Source: Public

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