$ 1,550,000
-
$1,550,000
Price -
11
Bed -
10
Bath -
5,749
SqFt
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About the Listing sb1310620 - SBHARLLAR
We are pleased to present 4043 Don Tomaso Drive, Los Angeles. Located in “The Dons” of Baldwin Hills, this large 6-unit building is comprised of (1) 3-Bedroom Unit, (3) 2-Bedroom Units, and (2) 1-Bedroom Units. The asset is operating at a 5.74% CAP Rate and a 11.2 GRM with over 40% in upside rent potential achievable through tenant buyouts or organic turnover. The soft story retrofit has been completed along with copper repiping, and there are five carport spaces in the front with ADU potential. Less than 1 mile away is the 42-acre Baldwin Hills Crenshaw Plaza, which was recently acquired by Harridge Development Group with a $1 Billion redevelopment plan. Conveniently located near the MLK Station (K Line), along with the 405 and 10 freeways, the property is a short commute to the Westside, DTLA, and LAX. This is an ideal investment opportunity for value-add buyers seeking cash flow and appreciation growth in a location supported by strong demographics.
Listing Highlights for 4043 Don Tomaso Dr
Status
Active
Days on Site
144
Property Type
Multi-Family
MLS ®
SB25079257
Year Built
1962
Total Square Footage
5,749
Lot/Acreage
0.19
County
Los Angeles
Interior Details
- Bedrooms: 11
- Bathrooms: 10 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Gentle Sloping,Park Nearby,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5026012017
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
4043 Don Tomaso Dr Los Angeles, CA 90008
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