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Marcie Sands

myagentmarcie@gmail.com +1(760) 644-1562

$ 2,199,000

Est. payment -/mo

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Active

4015 Palmwood Drive Los Angeles, CA 90008

5 Beds

4 Baths

8,103 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25266100

Bedrooms 5

Lot Size 8,103 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

I'm pleased to offer this prime 10 unit investment opportunity with strong growth potential in desirable Baldwin Village. Tremendous upside awaits as two units will be delivered vacant at COE. The owner currently lives in one unit and is the manager. He is leaving at the close of escrow. A professional owner/investor can start this investment off on the right foot from the close of escrow and turn it into a cash cow. There is upside rental potential as well which supports CAP rate closer to 9%. Located in Baldwin Village with close proximity to the nations first Costco-anchored mixed use development. The area is seeing lots of transformative redevelopment including the $700M Baldwin Hills Crenshaw Plaza. These projects are anticipated to bring in lots of jobs and revitalize the surrounding area. This asset features an attractive unit mix. Some units have been updated recently. The exterior of the property was painted recently. Gated parking. Units are separately metered for gas and electric. Tenants are not aware property is being sold. Please don't walk onto the property.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From MLK Blvd, go south on Buckingham Road, then right on Palmwood Drive

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5032008023

Acceptable Financing Cash

Listing Terms Cash

Listed by Andrew Loeffler Re/Max Premier Prop SanMarino

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

9

Wilder's Preparatory Academy Charter

Public | KG - 5
8

Queen Anne Place Elementary School

Public | KG - 5
7

Baldwin Hills Elementary School

Public | KG - 5
7

New Heights Charter

Public | KG - 8
6

Marvin Avenue Elementary

Public | KG - 5
6

Cienega Elementary School

Public | KG - 5
6

Kipp Empower Academy

Public | KG - 4
5

Shenandoah Street Elementary School

Public | KG - 5
5

La Tijera K-8 Academy of Excellence

Public | KG - 8
5

City Charter Elementary School

Public | KG - 5
5

Celerity Nascent Charter

Public | KG - 8
5

Kipp Academy of Opportunity

Public | 5 - 8
5

74th Street Elementary School

Public | KG - 5
5

Wilton Place Elementary

Public | KG - 5
5

Bright Elementary School

Public | KG - 5
5

Kipp Scholar Academy

Public | 5 - 8
5

Hobart Boulevard Elementary School

Public | KG - 5
5

Los Angeles Elementary

Public | KG - 5
4

Crescent Heights Blvd School

Public | KG - 5
4

Saturn Street Elementary

Public | KG - 5

Middle Schools 20

8

Los Angeles Center for Enriched Studies

Public | 6 - 12
8

Wilder's Preparatory Academy Charter Middle School

Public | 6 - 8
6

New los Angeles Charter

Public | 6 - 8
6

Alliance Ouchi-O'Donovan 6-12 Complex

Public | 6 - 12
5

Pico Pico Middle School

Public | 6 - 8
4

Foshay Learning Center

Public | 6 - 12
2

Grace Hopper STEM Academy

Public | 6 - 8
1

Audubon Middle School

Public | 6 - 8
1

View Park Preparatory Accelerated Charter Middle School

Public | 6 - 8
1

Johnnie Cochran Jr. Middle School

Public | 6 - 8
1

Horace Mann Junior High School

Public | 6 - 8
1

Barack Obama Global Preparation Academy

Public | 6 - 8
1

Global Education Academy Middle School

Public | 6 - 8
0

Yeshivat Ohr Chanoch

Private | 8 - 12
0

Star Preparatory Academy

Private | 6 - 12
0

Urban Village Middle School

Public | 6 - 8
0

Alliance College-Ready Middle Academy No. 7

Public | 6 - 8
0

Frederick Douglass Academy Middle School

Public | 6 - 8
0

Joseph Pomeroy Widney High School

Public | 6 - 12
0

Horace Mann UCLA Community School

Public | 6 - 8

High Schools 18

7

Math and Science College Preparatory

Public | 9 - 12
7

Frederick Douglass Academy High School

Public | 9 - 12
6

Crenshaw Arts-Technology Charter High School

Public | 9 - 12
5

View Park Preparatory Accelerated High School

Public | 9 - 12
5

Alliance Renee and Meyer Luskin Academy High School

Public | 9 - 12
3

Los Angeles High School

Public | 9 - 12
1

Dorsey High School

Public | 9 - 12
1

Crenshaw Magnet High School

Public | 9 - 12
0

Yula Girls High School

Private | 9 - 12
0

Mesivta Birkas Yitzchok

Private | 9 - 12
0

Harkham-Gaon Acadamy

Private | 9 - 12
0

Yeshiva Gedolah of los Angeles

Private | 9 - 12
0

View Park Continuation

Public | 9 - 12
0

St Mary's Academy

Private | 9 - 12
0

Slauson Learning Center 1

Private | 9 - 12
0

Whitney Young Continuation

Public | 9 - 12
0

Academy of Science and Engineering

Public | 9 - 12
0

Bishop Conaty-Our Lady of Loretto High School

Private | 9 - 12

School and business data provided by Attom Data.

Marcie Sands

REALTOR® | CA DRE#01428288

+1(760) 644-1562

Marcie Sands

4015 Palmwood Drive Los Angeles, CA 90008

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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4015 Palmwood Drive