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.
MLS #
CRSB24135620
MLS Source
California Regional MLS
Days on Site
139
Garage/Parking
Garage: 12 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
4106 4112 Palmwood Dr is a Residential Income in Los Angeles, CA 90008. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,000,000 and was built in 1954.
This address can also be written as 4106 4112 Palmwood Dr, Los Angeles, CA 90008.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 13, 2024. For the most current information, please contact Josh Cohen, (310) 480-2130