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    4143 Palmwood Drive

    Los Angeles (City), CA 90008
    • $3,780,000
    • STATUS: Active Under Contract
    • ON SITE: 119 days
    • ID#: 20581530
    Under Contract
    UPDATED: 20 min ago
    $3,780,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Please to present 4143 Palmwood Drive, Los Angeles, CA 90008. Built in 1955, this 18 unit apartment building is located in Baldwin Village Neighborhood, which is currently experiencing accelerated development. This two story building located at the end of a cul-de-sac has 11,804 SF of rentable space sitting on a 11,783 SF lot. The spacious property features 1 two bedroom / one bathroom and 17 one bedroom / one bath units. The property also features well manicured landscaping and parking spaces for tenants. Ownership completed soft story retrofit. The closest grocery stores are Ralphs and Superior Grocers. Nearby coffee shops include Starbucks, C J's Cafe and City Bean. Nearby restaurants include Cajun's Fabulous Fried Chicken, PIZZA ROSSA and Coliseo Pizzeria.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-18T07:28:27.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/106096970
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    4143 Palmwood Drive Los Angeles (City), CA 90008

    • Price: $3,780,000
    • Status: Active Under Contract
    • Updated: 20 min ago
    • ID#: 20581530
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1955
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    Please to present 4143 Palmwood Drive, Los Angeles, CA 90008. Built in 1955, this 18 unit apartment building is located in Baldwin Village Neighborhood, which is currently experiencing accelerated development. This two story building located at the end of a cul-de-sac has 11,804 SF of rentable space sitting on a 11,783 SF lot. The spacious property features 1 two bedroom / one bathroom and 17 one bedroom / one bath units. The property also features well manicured landscaping and parking spaces for tenants. Ownership completed soft story retrofit. The closest grocery stores are Ralphs and Superior Grocers. Nearby coffee shops include Starbucks, C J's Cafe and City Bean. Nearby restaurants include Cajun's Fabulous Fried Chicken, PIZZA ROSSA and Coliseo Pizzeria.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Heating Central Heating YN Yes

    Property Features

    Gross Income 227292.00 Gross Multiplier 16.63 Gross Operating Income 220473.00 Net Operating Income 131238.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 89235.00 Zoning Lar3

    Listing provided courtesy of Laura Alice Scaturro of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-18T07:28:27.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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