3815 Don Tomaso Drive Los Angeles, CA 90008
$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