$1,200,000
Active Under Contract
36 Days Online
9 Beds8 Baths4,666 SQFT
Active Under Contract

3815 Don Tomaso Drive Los Angeles, CA 90008

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$100K Price Reduction! 5.5% cap rate with upside to a 9.3% cap rate! All units are occupied. We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The offering features true rental upside and current ownership just completed a brand new 3 bedroom/2 bathroom ADU that includes white shaker cabinets, quartz counters, LVP floors and beautiful bathrooms. The ADU unit also includes an in-unit washer and dryer and has a AC/Heat Mini Split System. Total square footage is based on 3, 666 assessor total square footage plus 1, 000 sq ft brand new ADU (Buyer to verify). The value-add apartment boasts strong day-1 income and contains an attractive unit mix of 1, 2 and 3 bedroom floorplans. The property is in one of the hottest markets in Los Angeles surrounded bymulti-million dollar homes and lies in close proximity to all of LA's major employment hubs. This investment presents a very attractive opportunity to own avalue-add apartment on one of the most desirable streets in Baldwin Hills.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24382233
  • Home Size Source Other
  • Year Built1954
  • Lot Size0.2494 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Uncovered
  • Parking Spaces 2
  • Number of Stories 22
  • Acreage 0.2494
  • Zoning LARD1.5
  • Listing Conditions Standard
  • Direction Faces East

Interior Features

  • Cooling None
  • Heating Wall Furnace

Community Features

  • Senior Community No
  • MLS Area PHHT - Park Hills Heights

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Monthly Payment (Est.)

$5,805
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