4106 Palmwood Drive, Los Angeles, CA 90008
  • MLS#: SB24135620 ( Apartment )
  • Street Address: 4106 Palmwood Drive
  • Viewed: 2
  • Price: $4,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1954
  • Bldg sqft: 0
  • Days On Market: 137
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90008
  • Provided by: Keller Williams South Bay
  • Contact: Josh Josh
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Additional Parcels Description
  1. 5032009011
Building Area Total
  1. 14108.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 96
Electric Expense
  1. 0.00
Entry Location
  1. Front
Fuel Expense
  1. 0.00
Garage Spaces
  1. 12.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
Lot Features
  1. Level with Street
Netoperatingincome
  1. 247761.00
Number Of Separate Electric Meters
  1. 22
Number Of Separate Gas Meters
  1. 22
Otherexpense
  1. 145773.00
Otherexpensedescription
  1. Contact
Otherincomedescription
  1. Contact for more inc/exp info
Parcel Number
  1. 5032009010
Pool Features
  1. None
Postalcodeplus4
  1. 2341
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 418171653:CRM
Totalexpenses
  1. 145773.00
Trash Expense
  1. 0.00
Vacancyallowance
  1. 8019
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1954
Year Built Source
  1. Public Records
Zoning
  1. LAR3