Los Angeles, CA90008
| 6006 sqft | MLS# 25533013
Tract:
For Sale $1,100,000
Description
We are pleased to present this six-unit apartment complex in the desirable Baldwin Hills area. It consists of all one-bedroom units, averaging over 1,000 square feet each. This 2-story structure was built in 1950 of wood-frame stucco construction. It is situated on an 8,011 square foot lot, which is zoned LAR3. The building also features 3 - 2 car garages off the alley as well as laundry hook-ups in each unit. The income is currently below market as it is producing $6,745 per month. Market rent for the building is closer to $13,320 per month. So, there is tremendous upside in the rent upon turnover, and this is a great opportunity to own in an exclusive rental area. Also, Seller Financing may be possible with a strong Buyer. Please do not disturb tenants or walk on the property. All offers to be made subject to inspection.
Facts
| Built in 1950 | Lot Size: 8011.00 sqft | HOA Dues: $0/month
Features
Listing provided by Jerome McAlpin, McAlpin & Company
Based on information from California Regional Multiple Listing Service, Inc. as of July 3, 2025. 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, 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.
