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

August 26, 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 

Bay East  ©2024 CCAR  ©2024. bridgeMLS  ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 10:26 AM UTC, 8/26/2024.

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