Active
4106 Palmwood Drive
Los Angeles CA, 90008
$4,000,000
$283.53 per sqft
Active
14,108 sqft
Commercial
Built in 1954
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.
CRSB24135620
MLSⓇ ID
July 2, 2024
Listed
October 14, 2024
Updated
Map
4106 Palmwood Drive
Los Angeles CA, 90008
Interior Features
Laundry Description
Other
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.37 Acres
Lot Features
Level
Sewer
Public Sewer
Other Property Details
Area Name
Los Angeles
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LAR3
Listed by Josh Cohen with Keller Williams South Bay
Listing Contact: 310-480-2130
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