4106 4112 Palmwood Drive, Los Angeles CA, 90008

Active

4106 4112 Palmwood Drive

Los Angeles CA, 90008

$4,000,000

$283.53 per sqft

Active

14,108 sqft

Condo

Built in 1954

Listed by Josh Cohen with Keller Williams South Bay 310-480-2130

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.

SB24135620

MLSⓇ ID

July 2, 2024

Listed

October 5, 2024

Updated

Map

4106 4112 Palmwood Drive
Los Angeles CA, 90008

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.37 Acres
Lot Features: Street Level
Sewer: Public Sewer

Other Property Details

Area Name: 699 - Not Defined
Days on Market: 42
Garage: Yes
Garage Spaces: 12
Parking Total: 12
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: LAR3

Listing Contact: 310-375-3511

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/5/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/5/2024 at 12:35 PM UTC