$3,950,000
Active
40 Days Online
27 Beds27 Baths17,034 SQFT
Active

4024 Nicolet Avenue Los Angeles, CA 90008

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DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer the opportunity to acquire 4024 Nicolet Avenue, a 20-unit apartment community located in Baldwin Village. Situated on a 15, 633 square foot parcel, the property is comprised of 13 one-bedroom units and seven two-bedroom units. The property has more than 20% upside in rental income that can be captured through renovating remaining unit interiors. Moreover, the mandatory soft-story retrofit wok has already been completed saving a new investor substantially in capital and time. 4024 Nicolet Avenue provides investors a compelling buying opportunity to acquire a value-add opportunity with a healthy in-place income stream, located in a rapidly gentrifying neighborhood.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site39 Days
  • MLS StatusActive
  • MLS ID Number24437499
  • Home Size Source Assessor
  • Year Built1958
  • Lot Size0.3588 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Covered
  • Parking Spaces 12
  • Number of Stories 22
  • Acreage 0.3588
  • Zoning LAR3
  • Listing Conditions Standard

Community Features

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

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Monthly Payment (Est.)

$19,849
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